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BlackBerry Limited Message Board

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  • w_lred w_lred Nov 18, 2012 5:07 PM Flag

    Could open at $10 or 11 tomorrow?

    i agree with jag. what happened late on friday was very uncalled for. That was manipulation at its best... and its not stopping there... i believe there will be a huge sell off monday morn.

    Sentiment: Sell

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    • I wouldn't cal that maipulation; it's part of the process that short sellers will have to buy back the stock they shorted, at some time.
      I simply believe there wasa flurry of short-covering on Friday afternoon and it drove the price up at an abonormal rate.
      In the present uncertain financial situation, it could be they saw more danger in letting their short sit over the weekend and the price continuing to rise.

      Sentiment: Hold

10.39-0.09(-0.86%)Nov 28 1:00 PMEST

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