Please take a look at RIMM's implosion today:
Is this the new Nortel? No, not exactly. This company did not have financial mistatements or accounting isuses. Can it go bankrupt like Nortel? It sure can.
It would sure be a shame.
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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
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