shorts are under the illusion that the shares they sold will be easy to get back since retail investors are the ones holding them on margin and will panic out during bear raids. So far their theory has worked. But can stop working anytime when a strategic investor buys a stake or on private equity interest or on news that ICahn has 5% of the stock. Several possibilities for their game to stop working. I am pretty sure one of the outcomes will happen soon and they will be caught offgaurd!
Sentiment: Strong Buy
Right its doubtful that RIMM has huge share price and EPS expectations otherwise there would have been a much larger effort for a product launch. Most likely they prefer to hang onto their business customers and if it grows in the individual category fine, probably awaiting the QWERTY sales results when it is released. Dont think they have ever been a big fan fare company. The value resides in its low relative share price and high short shares percentage though.
Good luck tracy I've been trying to explain shorts and squeezes to some of these guys since I came to this mssg board They just can't comprehend what they are dealing with.This company can turn around but one unproven phone will not send institutional shorts running in fear.The tradershorts are having to much fun here to leave either.BBRY will take time but it goes up and down enough you can always change your position if you want I'm long but I trade also.I've seen squeezes before and their great but something has to turn it around.I've been caught in a squeeze too and it's not fun.
Rest assured nobody will buy this dinosaur. The same technology aapl uses since 2008 and people ot bored already. What makes you think people will choose BB over an already proven technology?
clueless. company/stock may not make it, but it's not a 2008 apple hand-me-down. why would you by an automated word processor when you have a perfectly good manual typewriter...that's basically what you are saying.