come to expect to see from rimm.ware, platform underlying it. blackberry hub and blackberry flow. you can get multiple tasks done very quickly. the software flows very nicely, i've seen it. it is impressive. take a look at rimm's rivals, apple, google, riding very high. google, microsoft and nokia trying to come on strong with google 8 and apple and google owning this space on the revenue and profit side in the phone business. here's what rimm needs to do today. this is the equivalent of an i-mac moment hopefully for rimm. apple in the late '90s got itself back on track and defined a space in the computing market, didn't take it back over and defined who they were and set the path going forward. possibly what rimm needs to do is come out, show this hardware and set expectation s lower it will take a while. they said they will continue selling phones with the previous operating system quite a while and make up quite a bit of their base and this will take a while in volume and maybe set the barlower here. >> thank you

stuart: rimm, where is the stock?e same time i'm keeping an eye obviously on the conference here that's going. now we're taking a look at the stock, it is up 3 1/2%. hearing more details about the new blackberry 10. i like how you said no more of that research in motion stuff, just blackberry now. all about the branding. stuart: now it is only up 3 1/2%. it was up 5% not too long ago. they are going to have a faster browser, a better camera, revamp the blackberry. it's going to be able to do true multitasking, they say. and it is going to be called blackberry, not rimm. nicole: there's a lot of people who are really -- have a lot of allegiance to blackberry. they love the safety, the security, the e-mails. there are a lot of people who are not iphone people. stuart: where is the revolution, where is this brand new big new deal that will rescue the company? i don't think i've seen it yet. but i'm waiting to hear from our tech people who know more about it than i do. stock is up 3 1/2%. the dow remains very close to hit

so, rimm, again, showing up too late. >> could be showing up late but still a lot of investors.ast time i looked there were still 130 million shares short out there. 19analysts with a sell, 19 with a sell and 4 with a buy. >> i heard this in lehman and enron before they went bankrupt. 60% up moves inny willman and 20% moves in enron are an they still went down and still went bankrupt. >> i'll tell you this. there is no middle ground. you either love it or absolutely hate it. good to see you both. thanks for joining us on talking numbers. >> breaking news right now an hewlett-packard and let's go to david faber. >> reporter: we reported on some of these headlines from dow jones saying there were offers incoming for the likes of hewlett-packard's autonomy oeds units. sources close to the company indicating to me that, in fact, there's no plan to sell any core assets at hewlett-packard, that they are not entertaining any offers to buy any of those core assets, and that, by the way, autonomy and eds are considered amongst company's core assets. a company in the midst of a significan

that means more revenue. 17 bucks on rimm.rricane sandy but still crushed wall street estimates that stock is higher. coming up, phil mickelson apologizing for complaining about paying 60% tax rate. what? an apology for that? extraordinary. my take is next. stuart: if you watched any of the nfl play-off games this weekend, you saw a bunch of commercials for new movies loaded with gun violence. one of them starring sylvester stallone. yet, there is no mention of hollywood in the gun control debate, none, nothing at all, nada. why is that? we're going to ask the question to author of hollywood hypocrites in just a few minutes. golfer phil mickelson has apologized to the people he upset or offended when he publicly complained about the massive taxes he now has to pay. repeat, he has apologized for publicly complaining about taxes. here's my take, welcome to the new america. in this brave new world, you are supposed to pay up and shut up. this is a very troubling development. phil mickelson lives in california. he makes a lot of m

cheryl: the competition finally beginning to catch up, whether it's on the rimm side with blackberry 10, i know at ces you were being told this is a great operating platform, turn things around for rimm and with samsung with market share percentage wise. shibani: and the stuff that isn't here yet. that's the bigger issue, we know what you can do, give me a trick we haven't seen before and we're not sure we're going to see that trick. bill: an actual apple television versus for 99 bucks. >> we know it is coming. what else is out there like an ipod or iphone that we haven't been able to put our arms or minds around can the company invent. people are doubtful. bill: cheryl: thanks. sandra smith, a lot of nerves around many of these companies? >> google will be a major focus here. of course google the king of all search engines. it will kick things off tomorrow, google is one of the stocks that is in the 700 club, trading at over $700 a share. maybe not for long. if you look at the tail end of that chart there, or just a year-to-date chart will show this. since january 11th this stock ha

we'll see you later. >> take care. >> don't forget we will be at rimm's big event tomorrow.iled an hour later at 10:00 a.m. eastern. you do not want to miss that. check the markets before the break here. as you can see 13,939 up 57. obviously less than 100 points from 14,000 and of course the all-time closing record 14,164. a lot of analysts and journalists have weighed in on is apple still cool? our own jane wells hit the street to get the real story about which smart phone actually is coolest. jane, i want the definitive answer from you after the break. >> of course, carl. they may not know much about history. they may not know much biology but they do know phones. up next we talk to the college kids whether apple has fallen from the tree of knowledge between cool and uncool. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the clo

we're still more negative on rimm story than apple at neutral. >> we'll see what marketing at rimm has you next time. let's head over to brian shactman and get a quick market flash. >> petsmart, pe thtm, down 7% o show and they announced changes in the ceo and now downgrading the stock in part because of that and looking at e-commerce concerns and margin issues, that they've platt toad. the price target 55 from 72. a reversal where it's trading now, down 7%. >> wow. an interesting call. thanks. >>> straight ahead, the commodities indicator no one is watching and everyone needs to know about and market analysis with ceo trim tabs later on. >> we had chuck beater man on and the last time he wasn't too gung-ho specifically. he writes $55 billion in equity fund and for january, a record! and we will talk about that and the last time we had a record in 2000. that was a moment in trading. think nasdaq, think 5,000, think never again. be there. bottom of the hour. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! we

liz: shares of blackberry, yes, they changed the name from rimm which used to stand for research in motionlooking very bleak. it's a huge disappointment for the company because they had this highly anticipated product launch of the blackberry 10. let's head to nicole petallides on the floor of the new york stock exchange with more. down nearly 10% right now. nicole: the question is, is this a huge problem with the new blackberry 10 that we've waited 18 months for? or is this sell on the news? is this a product that won't be competitive to samsung and apple and the like? here it is down 9.5%. this stock this morning was trading as high as 16.62. this was so much anticipation. in that hour right after the 10:00 a.m. hour you saw the extreme drop-off. we were up 5%. and now seeing it down 10%. also the other thing we should talk about is the volume. volume today is approaching 200 million shares. that's a nine year high, heavy volume on blackberry today. back to you. liz: look what i brought, nicole. i brought my current blackberry because you and i are the same. we can't let go of these guys

you know, we left rimm out. that's a great one. also all the app developers, 15,000 app submissions over the weekend trying to get in on the new blackberry 10. we saw research in motion jumping today big-time, up about 10%. [closing bell ringing] david: we didn't have a chance to talk about netflix, but that's up again, triple digits today as we can hear the bells are ringing on wall street. look at the indexes, looks kind of flat, but individual stocks, that was the name of the game, whether we're talking about dell, whether we're talking about apple, we have both of those covered by the way with expert analysis on dell and apple. the dow jones industrial managing to squeak out a gain today. nasdaq though if you look at nasdaq, of course s&p was down just a tick, but you look at nasdaq, now it is down. it's down about a quarter of a percentage point, but it was down a lot more than that when it was just apple that was moving that index down. as soon as news came about dell, that was about 1:00 or 2:00 p.m. today. that's when we sa

. >>> rimm is higher after bloomberg report citing cfo saying his company could be interested in a rimmd. >>> nokia, after the finish mobile phone maker, says it plans to halt its annual dividend for the first time. >>> underarmor, president of footware is leaving after three and half years, including developing a number of key product for underarmour. and ty, that stock is a hot performer. >> as they race toward record highs, haltingly today, you might be surprised at what most makes investors feel wealthy. not stocks. housing. speaking of housing, we will talk to a real estate brokener top 20 market on what's selling now and what your money buys in that market. we'll be right back. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straig

shares of rimm have more than doubled since july. on our web site, www.nbr.com, there's more analysis of the stock chart. you will find it under the "blogs" tab. just look for michael kahn. three of the five most actively traded exchange-traded products were up. the japan index fund saw the heaviest selling, down 1%. and that's tonight's "market focus." >> susie: a big win for the keystone x.l. pipeline and transcanada's plan to connect canada's rich oil sands to refineries in southern texas. nebraska's governor today gave the thumbs up for that pipeline's new route through his state. it's one of the last hurdles the pipeline needed to clear before receiving final approval by the federal government. late today, the u.s. state department said its review of the pipeline project has been delayed and won't be ready until after march. >> tom: updates tonight in three high profile investment fraud cases. first up, rajat gupta. he is the former goldman sachs board member convicted on insider trading charges. today, he asked a federal appeal

when i look at nokia, i want to think about rimm.eap options, blackberry 10, that could be a good shot. >> you might as well keep it. i'm not a fan of wasting 15 cents. >> our thanks, of course, as always to carter braxton worth of oppenheimer. time for the final call, the last word. >> buy protection when you can, not when you have to. >> with facebook, a lot of you guys own this thing, i think you should look for some vat gees, one by two call spreads can be a way. you have to be careful managing that through your stock position. >> mike? >> we have amazon earnings coming up which could provide a potential catalyst for this stock to finally roll over. i like buying put spreads as a bearish bet. the other thing is, scott's point, right now is a great opportunity to make bearish bets, xrt, that's a good place. >> looks like our time has expired. for more, go to our website, we'll see you next friday. meantime, don't go anywhere "money in motion" is up right after this break. stay tuned. ♪ [ cows moo ] [ sizzling ] more rain... [ thun

stuart: at the moment it seems like it's also rimm.rosoft, you have the apple iphone. these are really entrants and along comes blackberry as you said seven years late. i take it you are not real keen on blackberry as an on going profitable concern >> you know, it is interesting, i actually am with the key pad. i think the new model they are going to release with the key pad will be good. i think people who currently kept their old phones and have both phones, i think for them they are not looking to have two smart phones just like the iphone. when they think of blackberry, they are thinking of a key pad. so i think the whole -- people were thrown off yesterday with that launch, and granted the key pad is coming, but it's going to come out after. stuart: yes, but the key pad is what corporate customers want, so you can text and e-mail with your thumbs. >> yes. stuart: that's what i want. and you think i'm going to be satisfied with this? >> i think when the new one comes out with the key pad, but i think, i mean, i think it is not goin

you look at the stock option, early reminiscent we saw with rimm. it broke with $2 and doubled back to 4 where it sets last week. they reported last week, and up almost every category. no one was expecting it. i think the stock would have gone up more if they hadn't cut the dividend. if there was a stock that would shock people being relevant again, it would be nokia. when people snicker at a company mentioned, that's when you get people interested. there were huge differences and i have no idea whether the turn around will continue. >>> buzz-wise, anthony you are getting more with the blackberry 10. >> and those heading for our aarp card, they're buying these things. that wouldn't be these guy, you and i. >> you're and island. >>> and treasuries and 10 year, 2% on pit stops. you asked for it. we will deliver four trades with two stocks to make your next move. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them

john pretty clean slate for rimm and that they are going to change their name it blackberry as well. >> yes. that will take getting used to. here is the first blackberry 10 phone that's out. pretty sleek device. a lot of tnalyzz, both interus try analyst and stock analyst, positive on what rim rim has come out with so far. we will talk about next steps for them. z-10 arising in some markets. comes to the u.s. in early march. alicia keys has come on with rim, as creative director. we will see with what they add. also, blackberry devices throughout the year. not just this one, a keyboard and also trying to bring in lower priced blackberry 10 devices to expand the market. we will see if they are able to come out with those. big question for me in this and affecting the stock longer term is which consumers will bite. will it be the former core customer in the enterprise? mainstream consumer? we will have to see, sue. >> indeed. that's a good question. >> thank you very much. the question everyone want to know is whether the blackberry is a game changer. joining us on the phone is senior

so in an effort to stop the bleeding, blackberry's maker, a company called rimm, just unveiled blackberry i can't wait. it's going up against the android and the iphone and every other phone whipping its butt. they are buying a platinum super bowl ads that are 4 million bucks for 30 seconds. ali velshi got his hands on the new blackberry 10 and been test driving it for a week. this is what he thinks. >> no buttons may not be news to you but big news for blackberry users, many of whom won't know what to make of the z-10. canada's research in motion is counting on this virtual phone to allow it to live to fight another day. after a year long delay and years of neglecting the onslaught by apple and android based phones, they unveiled the new operating system and the first phone to run it. as a longtime blackberry user and hard keyboard lover, i've been evaluating the new phone in real world conditions. i'm a heavy user and a champion thumb typist. being new to the virtual keyboard world, my e-mail output has been cut in half while i got used to it. the company says the keyboard is easier to

institutional ownership goes from about 12% to where it is now to probably 60%, that's where it is in rimm. that could carry it to eight. >> the stock was as dead as a doornail not that long ago. >> yeah itches the chart for something thinking maybe i should get in here is scary,wise, weiss, don't you think? >> i'm not sold on it. significant discounting on the new phones, actually giving away some phone for free, so a lot of cost cutting, 2450e6 sold assets, the balance sheet is still a piece of garbage. i think maybe it gets through 5, but not a great fundamental short. it's a beta trade, a short covering osteo, that's it i want mark cuban sis his 920 blows away the iphone, and if that's the case and if folks who have been apple devotees switch over. that's big. that becomes that aspirational -- >> but they're not making any moan on it. the margins are down. >> now they're actually going to be making money. >> you can't make money on a phone when you good i have it away for free. they launched at christmas, they couldn't sell phones. they discounted them, significant discounts. >> if you

. >> >> >> liz: research in motion, rimm has been a tear but the rally actually creating a little concern for some investors. you know, charles payne was making this point. watch out for a rally because is there really sustainability here with the product line that's coming out? nicole: right. so here's a couple of factors. number one, the blackberry 10 comes out on january 30th. that's fact. that's tangible. what we're watching also though are the shorts are getting squeezed. these are the people who -- and we have seen the shorting interest really exploding since early 2011. those shorts are getting squeezed now as the shares continue to rise. you see those shorts, the people who are betting it was going lower are now getting caught and so they either have to buy back here at these higher levels, right, and so this is why you're seeing it continuing to rise. the question is, are there real buyers who really think it is soaring or is it just the shorts getting squeezed? in the meantime, there has been a lot of great talk about the blackberry 10. everybody's eagerly awaiting new apps. you

rimm. against it, i'm going to say 15, you want to pull the trigger because it will be perfect there. let's go to -- good, let's go to john in florida. john? >> caller: hey, jim, greetings from florida. my question is net suite, i got in at 23. >> i do like these plays, i like salesforce.com more than that one. jeannie in california. >> caller: i need a sweater for winter, ati -- >> no, the downgrades are so powerful, i have to believe there's something wrong with stainless steel. let's go to john in illinois. john? >> caller: boo-yah, jim, thanks for taking my call. calling about rlgy, realogy. >> okay, that is the best real estate play i know that is not linked to actual housing, and i want to own the stock. i hope it pulls back, but it doesn't, realogy's good. gary in south carolina, gary? >> caller: jim, congratulations on your super show. >> thank you. >> caller: my stock is mattell. >> hate to buy a stock at a 52-week high, but if it falls under 35, you want to own it. joe in florida.

. >> research in motion, rimm just days from releasing its highly anticipated blackberry 10 but will the hype? and of course all the expectations that are being built into the stock comeback as well. that's all coming up later on on "the closing bell." but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta

the latest on rimm and then pawn shops ain't what they used to be.ng more affluent customers. it's paying off for everybody, including investors. jane wells with the story next. at 1:45, the aflac duck was brought in with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. >>> welcome back. who knew that shares of pawnshops have climbed 10% in the last two months alone. 10%. jane wells has been checking out a popular pawnshop that is doing so well, it is expanding to new york. >> yes, after 75 years in beverly hills where they have seen it all, one thing is that wealthy clients are pawning gold and some

could be a make-or-break moment for the once very powerful blackberry giant, research in motion, or rimmeiling the long-awaited blackberry 10, it's also make blackberry its official company name. here's cnn's chief business correspondent, ali velshi. >> there's no buttons on the blackberry zen 10. >> reporter: no buttons may not be news for you, but it's big news for blackberry. canada's research in motion is counting on this totally virtual phone to allow it to live to fight another day. after a year-long delay and years of neglects the onslaught by apple and android-based phones, rimm finally unveiled its new black berry 10 operating system and the phone to run it. i've been evaluating the phone in real world conditions. i'm a heavy user and a champion thumb typist. being new to the virtual keyboard world, my e-mail output has been cut in half while i got used to it. but the company says the keyboard is easier to use and more intuitive than its virtual competitors. >> select it just by flicking it -- >> the piece deries tans from the keyboard is it grabs words from your device and name

that's been their strategy. >> i get it. >> not that there is anything to this, but if they consider rimmgoing to sell anything more to the chinese. it is something to keep in mind if you ever want to entertain these rumors. >> exactly. kayla, thank you. >>> to this morning's squawk on the tweet, a little something to do with netflix. what movie best describes the netflix comeback? tweet us @squawkstreet, your responses throughout the morning. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >>> we hoped to bring you glen silverlake. he had to cancel. we hope to bring him to you as soon as we can, but not today. to squawk on the tweet. netflix making a big comeback, shares soaring after surprising wall street with the quarterly profit. what movie best describes netflix's comeback? some obvious ones here. kyle, of course, "return of the livi