If you bought at 16 or higher i would buy more at these levels. I wouldn't expect any real jumps higher (back to 16) over the next couple of weeks....if positive Sales data starts to come in or if there is some licensing news it will bump it higher. I think BB10 will sell enough to beat the estimates that are out there now. As GS said yesterday...analysts upgrading their estimates over next 2 quarters as sales data begins to trickle in will give the stock some opportunities to move upward....the real positive is that estimates for next couple of quarters are REALLY LOW and RIM should easily beat. I sold the other day and am looking to get back in...just waiting for some of the dust to settle....still heavily manipulated at this point.
I am buying at $13 . It was oversold at $12. There BBM App. Alone worth $20 and they are in talks of selling it. They have 5 Billion in cash in Bank and 80,000,000 subscribers. I think it will run higher but could go either way. I doubt will go back under $10 in near future. Apple and Adriod trying to buy BBM App. as I write this.
BBM "App" is not for sale....and not being allowed on iOS/Android as some had reported (Heins confirmed that yesterday. It is BB10 only for BBM video....BB10 has Skype and eVOO and also WhatsApp for cross platform communication. Keeping BB10 and the ability to "share screen" SHOULD be for BB10 customers only...great business and consumer tool and a selling feature for BB10...
$16 will look like a steal in the coming months, and make the buyers look like Warren Buffet in a year or two. Quite frankly, you have to be pretty dumb to not hold with this company. Its a repeat of Apple Computer in the 80's all the way down to the drop in pps and analysts, media, and competitor's users convinced the company is washed up.
Sentiment: Strong Buy
its possible. i remember back in the dotcom bust when it got down to 8 bucks(pre-splits) and then skyrocketed. i bought a little early, my bad but if its a really good ecosystem, it will come back. i don't agree with them lessening their dependents on the recurring service revenue though. they should be enhancing that.
seemed like a no brainer short to me, sell right before the news after the big rally from high 11's rumors...retail never learns and smart money always takes their money!
at least put a stop in before the launch at 16 after market opened up at 16.50 before launch...oh well
Will keep the shares for 1 or 2 years, I am looking BB to licence the QNS OS to other HW cell makers and change to as BB SW company, licencing OS would make BB make more money, let see when will have good news with partners to licence the OS