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  1.    #1  
    it went from ~$4 to 18$ and back down to $4 with AT&T now hopping on board... the million dollar question is.. what is the next device? what does it look like?

    $4 is cheap considering it can easily go to $20 on good news...
  2. cgk
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    #2  
    Quote Originally Posted by antonio3 View Post
    it went from ~$4 to 18$ and back down to $4 with AT&T now hopping on board... the million dollar question is.. what is the next device? what does it look like?

    $4 is cheap considering it can easily go to $20 on good news...
    Well that's the gamble you take - if you think that Palm is going to turn it around, then $4 is a fantastic price to get in at.
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    #3  
    I wish I had money to buy the stock. $4 is cheap.
  4.    #4  
    Quote Originally Posted by CGK View Post
    Well that's the gamble you take - if you think that Palm is going to turn it around, then $4 is a fantastic price to get in at.
    the way i go into the stock market is the same i'd go into a casino.. it's a gamble and only put in money that if i lost anyway it wouldn't matter. Being most the market is greatly influenced by a handfull of guys in North Jersey i never did like the market..
  5. Vij
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    #5  
    Well I took the plunge this morning! I'm now the proud owner of a good amount of Palm shares (along with my original Pre). I also bought it ON my Pre - first time I'm tried that - hoping for good Karma :-)

    I don't think it could *easily* get to $20 just on news, and it could go to $2 on more bad news, but at the end of the day, I think $4 is dirt cheap for WebOS and the IP that Palm owns.

    I'm doing this purely for business reasons though. I love my Pre and WebOS, and will likely stick with this platform for a long long time. The stock price has no impact on my enjoyment of this amazing phone. But my fingers are crossed anyway...
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    #6  
    Quote Originally Posted by antonio3 View Post
    the way i go into the stock market is the same i'd go into a casino.. it's a gamble and only put in money that if i lost anyway it wouldn't matter. Being most the market is greatly influenced by a handfull of guys in North Jersey i never did like the market..
    I approach it the same exact way. How much would I bring to AC? If I could afford to lose it down there, I could afford to lose it in the market. I've done pretty good with it so far though....bought Ford at $7/share Originally bought Sirius at .27 a share.....bought Palm at 5, went to 6 and then the little tailspin began, so I got out at 5. I am thinking of buying it again when I feel it is at the lowest it will go.....I'm thinking 3.50
  7. #7  
    No! it will drop to the high 2's. Also, if they don't announce any new hardware this CTIA they are done for (mark my words), AT&T carrying the phone will have about as much push as Verizon carrying it (close to none).
  8. #8  
    I disagree with the OP. I think the stock price goes lower.
  9. #9  
    If you want to buy some Palm stock, you'd better do it quickly, before it gets delisted and/or they enter Bankruptcy protection. Your stock won't be worth anything, but it will probably look good hanging on your wall!
  10. #10  
    After watching reading/watching the video... dunno.

    News Headlines
  11.    #11  
    thats the thing... you have 3 analysts saying and wrote down on a blog... Palm is doomed. Granted Palm really messed up on Advertising BIG TIME. But those 3 people alone have cut Palms stock down to nothing, just on their guesses... and let me guess.... those 3 people are making money on the stock by betting it will drop. See how small the NYSE really is?

    Gotta love the stock market.

    But again.. Palm did make a few small mistakes that ended up being huge mistakes(Adverts).
  12. #12  
    I think the drop came on earnings news from Palm, not from analysts per se.
  13. #13  
    I bought some after the original ces announcement $5, sold it at $15, but I wouldn't buy into palm again unless they have a new "different" device announcement
  14. #14  
    Quote Originally Posted by Vij View Post
    Well I took the plunge this morning! I'm now the proud owner of a good amount of Palm shares (along with my original Pre). I also bought it ON my Pre - first time I'm tried that - hoping for good Karma :-)

    I don't think it could *easily* get to $20 just on news, and it could go to $2 on more bad news, but at the end of the day, I think $4 is dirt cheap for WebOS and the IP that Palm owns.

    I'm doing this purely for business reasons though. I love my Pre and WebOS, and will likely stick with this platform for a long long time. The stock price has no impact on my enjoyment of this amazing phone. But my fingers are crossed anyway...
    can you give me directions on how you did that? Thanks!
  15. cgk
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    #15  
    Quote Originally Posted by antonio3 View Post
    thats the thing... you have 3 analysts saying and wrote down on a blog... Palm is doomed. Granted Palm really messed up on Advertising BIG TIME. But those 3 people alone have cut Palms stock down to nothing, just on their guesses... and let me guess.... those 3 people are making money on the stock by betting it will drop. See how small the NYSE really is?

    Gotta love the stock market.

    But again.. Palm did make a few small mistakes that ended up being huge mistakes(Adverts).
    That and the a little matter of not being able to shift phones and no clear signs that they will be able to do any better in the future. In this situation, the analysts are not saying anything surprising...
  16. #16  
    they're doomed in the sense that the pre didn't kill the iphone. thats it. they released a good product and they need to keep the ball moving, nothing happens overnight.

    look at the ps2 and the xbox. the ps2 was the be all and all of gaming, there were a few shots by sega and nintendo to match and they failed miserably, then xbox came along and it got ripped on similar to the pre, everyone wrote for its death. and now the 360 is widely more popular then the ps3 and widely more innovative. argue amongst yourselves which is better but the 360 is more of the name brand now then the ps3.
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    #17  
    Analyst's are like politicians. You have to read between the lines. There's always some truth in between the propaganda they are spouting. They all have an agenda but they can be useful for pure data purposes. As far as their opinions, well, that's when I turn off the sound. Palm is losing over $3 a share. For a $4 stock that's not good, but there is alot of intrinsic value in webOS so basically that's what is keeping them around. They can't compete with the big boys on the hardware side so webOS is their only hope. Happened to them once before and it looks like deja vu all over again. I would probably wait and see if it breaks below $4 and try to get it at around the 52 week low. Don't bet the house, but, not a bad bet in the $3's. Just be ready to pull thge trigger when you're in profits.
    FYI: My Pre is as plain vanilla as the day it came out of the box...
  18. #18  
    @ $2 im gonna buy!!! Its a gamble but its well worth it!
    How many times have you seen the Dr.?..lol
  19. #19  
    I'm defiantly going to buy as soon as I find some money in which I could invest.
  20. #20  
    i just sold my stock, i'm done with Palm and this phone if it doesn't improve.
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