Seeking Alpha : There Are many Catalysts Making BBRY Go Higher. article.
BlackBerry: Where There Is Smoke There Is Fire
Mar 11 2013, 18:00
The U.S. launch is approaching. New launches are always a good catalyst for a rally, especially when BlackBerry is expected to sell most of its high-end Z10 units in the U.S.
Finally, I think that everyone by now seems to understand that while BlackBerry might not become Apple (AAPL), it will survive as a company and will not go out of business, as was the general perception several months ago. And depending on how the Z10 does, not only will BlackBerry survive, it will also thrive. And when Goldman Sachs has a $19 price target, why would anyone believe that this stock is going to $5 again?
Finally, where there is fire there is smoke. So far we only see the smoke and not the fire. We know there is a fire somewhere but we can't see it at the moment.
I think we will see the BlackBerry wildfire very soon, when short sellers capitulate and throw in the towel. And when that happens, you will see a fireworks spectacle like you have never seen before.