How come loser a company with no fundamentals get 5% stock rise evry day?
Only on BB10 hopes? come on....
This is a bubbly ride but could go till 15 and after results it will be 16 no matter how poor the earnings are...there are a lotta #$%$ who think this can beat iphone android and nokia ...wow....clueless #$%$...
because rimm will be a player in the phone game. They have 80mill subscribers..& people are familiar with rimm..They have a new & improved phone. The shorts have underestimated rimm. Just a fragment of market share can send them to $20per share... There are 100 million shorts getting squeezed. & rimm has too much momentum. They choose the wrong stock to Short..& the wrong time. Not only that But Iphone is #$%$. Govt agencies will be switching to bb10....and dont discount bb is popular in foreign markets such as mexico & central & south america.. All companies will be eating the pie...AApL been eating too long by there self
Well, they did LOSE 97% over a coupla years... wall street wrote them for dead.
Unless you think BB10 will be a total failure, this is still a bargain.
Billions in cash and 80 M users already?
LOL Suck it, shorts.
Still well below book value. People are tired of the itoy and the bb10 looks slick, classy and has a real following that will put them in 3 rd place. Only needs to sell 18 million units to be making money which would put it well over 20. I think you shorts are just struggling with your own realities that blackberry is on the up and up.
Pardon Andy typos. This was written on my iPhone ;)