Jon Adams

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jondude
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Jon Adams
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Tiffin, OH
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05/05
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Design

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A Minority Of One

Life & Events > Nice Retort ...
 

Nice Retort ...

A friend called this morning to check up on me and wish me an early happy birthday.

He switched to his woes and the condition of his retirement fund, mostly stuck in losing common stocks. One of his large hunks is Chesapeake Energy, which dropped precipitously this morning. It is a huge coal and natural gas company. Another loser he owns is RIMM (Nasdaq) Research In Motion, the company that owns the Blackberry patents. Blackberry phones are going away soon, as the iPhones and other more advanced ones are killing it.

"What stocks do you have, Jon?" He asked.

"Lots of beans, frozen vegetables, catfood, a couple of frozen tri-tip roasts, a trio of corned beef packages and a few frozen kielbasa sausages," I said.

posted on May 2, 2012 8:28 AM ()

Comments:

I looked at the chart! My goodness, a year ago $45 a share, now $12. Back in 2008 it was $144. Now the US Gov (no doubt that rouge bunch at the GSA) is going to keep them in business for a long time because change is slow in the Gov.
comment by troutbend on May 4, 2012 7:06 AM ()
Big loser when the iPhones started selling like hot cakes. As a stock it will probably go to near worthless, cents instead of dollars. The two other phone types, iPhone and Android (and it's clones) have all but killed demand for Blackberry cells.
reply by jondude on May 4, 2012 11:57 AM ()
About the smoking, Ed is on Relapse number (????) So it goes. Stress is his answer. But you gotta find a better way because we don't want to lose you.
comment by tealstar on May 4, 2012 6:34 AM ()
Hey! HAPPY BIRTHDAY!! Here's to another year. How's the non-smoking going?
comment by solitaire on May 4, 2012 4:46 AM ()
Relapse number 3 is the current state of smoking cessation. Sad. Blame it on Hobbes.
reply by jondude on May 4, 2012 5:31 AM ()
Great comeback. So how did he take it?
comment by tealstar on May 3, 2012 4:47 AM ()
He chuckled.
reply by jondude on May 3, 2012 6:14 AM ()
The big news in Oklahoma City is Chesapeake Energy. It is definitely in
trouble.
comment by elderjane on May 2, 2012 4:19 PM ()
Blackberry phones are still the front runners for government use, just FYI. They are the most secure option out there, so I don't think they are going anywhere just yet.
comment by kristilyn3 on May 2, 2012 11:01 AM ()
You might want to take a look at the chart. Remember, the company and the company's stock are two entirely different things.
https://finance.yahoo.com/echarts?s=RIMM+Interactive#symbol=rimm;range=1y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
reply by jondude on May 4, 2012 5:34 AM ()
comment by marta on May 2, 2012 9:44 AM ()
Yup, same here. Can't go broke that way!
comment by jjoohhnn on May 2, 2012 9:13 AM ()
Good one!!!
comment by hennaladykim on May 2, 2012 8:48 AM ()

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