RIM is in no position to diagnose itself, regardless of what its CEO may want people to believe. Numbers don't lie. RIM has done a lot more talking and a lot less executing, and it is time to reverse them. It can start a recovery -- as faint as that may be -- by just shutting up.It's only slightly different at Nokia, primarily because that company did several things RIM refused to do such as move faster to shake up management, abandon a dead-on-arrival operating system and forge a key strategic partnership. Now, here comes the hard part - executing.
Because Ford returned almost 1,000% between late 2008 and early 2011, the cats who argue it will "double in 2012" think it just has to happen again. And, heck, a mere double is only 1/10 of what the stock is capable of. As if, it's a professional athlete coming off of a fluke season. The 50% haircut F took over the last year-and-a-half - it wasn't a fluke. There might not be a more certain industry on the planet than the auto sector, especially if you're one of the major players trying to build business in Europe and China, while selling to a domestic customer too scared to spend and too poor to save. If I have to be in the space, give me shares of a luxury dealer who sells to people less concerned with price and the broad economy.