I'm still in Amsterdam winding down BlackBerry DevCon Europe, but I just couldn't wait to get home to call my broker to place an order to double up my investment in Research In Motion. Readers of CrackBerry will remember I bought my first "symbolic" share of RIMM stock leading up to the company's Annual General Meeting of Shareholders this past June at a price of $27.75. With that share now trading below $17, I've decided as a gesture of my growing faith in RIM it's time to double up on the original investment and buy TWO more shares of RIM stock (see the execution order above). :)
There was no specific piece of news or information or technical analysis that prompted me to take this action. More so, I just woke up this morning with a gut feeling and had to roll with my instincts. I'm feeling bullish on BlackBerry. Between the new CEO Thorsten Heins, my experience on the Engadget Mobile Podcast playing BlackBerry defender, the look of that first BB10 phone (which I'm sure will evolve by launch to be even awesomer), the positive vibe at BlackBerry DevCon Europe.... it just all feels like the stars are starting to align. Yes, there are plenty of challenges still and lots of work to be done, but I think RIM employees really are jacked up to Rock & Roll their way through it. I'm feeing good.
So there you have it. Full disclosure. I doubled my investment and tripled my shares in Research In Motion. :-)