Sell short shares of RIM (RIMM) or Nokia (NOK).
This is cruel, as over the years I’ve been a happy owner of Blackberries and many Nokia phones.
But the writing is on the wall and these two companies are already well into their respective death spirals.
Here’s Nokia’share price for the past 4 years:
85% drop in 4 years? That’s quite a ride down. You could have financed all your iphones shorting this stock pretty much anytime of the year.
RIM’s isn’t a whole lot better. The only real difference between the two is that RIM’s hasn’t been as much of a straight line down:
Technology can be so brutal to those supplying it. Go back just 5 years ago: RIM and NOK are both world-class companies, fast-growing, with incredible products and fanatical, loyal customers. They did nothing wrong, but are paying the worst price for just having been a step too slow in catching the next technological wave that came along.
But back to today’s reality: these stocks are going to continue downward.
(by the way, don’t trade stocks to try to make money to pay for an iphone. seriously.)


Hey Yannik,
How are you? Are you connected in any way with a company called “Enormo”? Please reply.