RIM insiders gaga over BB10

I was down Waterloo way on the weekend and chanced into a couple of old friends who are mid-level employees of Research In Motion.

They've used the BB10 OS and they're not rushing out to buy the iPhone 5. In fact, they're doubling down on their RIM stock holdings.

I've said it before; quite aside from the cash hoard that is growing even as BB loses market share, the intellectual property is easily more than the market cap at the current share price.

RIM is a buy even if BB10 flops.

If it's anywhere what these insiders claim it is, it's even more of a buy.