I think F is as close to BBRY as you can get. It had poor management, fell behind the design curve, and lost market share. They then brought in new management and developed fresh new products which could compete. The brand name and customer loyalty would do the rest.
Ford's chart starting in March 2009 looks very similar to BBRY to early July 2009. It trippled in 2 months, then pulled back a little and consolidated for two months. Then it popped another 30%, followed again by a period of consolidation before trippling again over the course of the following year. I believe this stock is about to pop 30% and will settle around $20-22. In any event, buying and holding this for 2+ years will pay out big.
another terrible reference point by a rimtard scraping the bottom of the barrel for a bullish catalyst.
EVERY stocked popped in march 2009. like, that's the pretty much the universally accepted outside reversal for the entire market. rising tide lifts all boats.
and with GM going belly up, money moved into F.
I bought ford not long after our sorry excuse for a preseident told automaker executives they could not have private jets while begging the goverment for money.Ford told obama to keep his government money and they would keep their jets The others kept sucking his a zz and begging for money. I did well on ford stock. Ford apple and a few others changed me from one small retail acct to what I trade today.I was gonna really bash this post but I do agree to some simularities.
!. National pride Ford is an American Icon bbry a Canadian icon
2 from what I remember the trading range was about the same I sold somewhere around $18.I made one small trade since then with a small stop out loss I deleted ford from my screen and haven't really followed it since but I have'nt heard anything about it ever going to $18 again. I guess in that way bbry and F are simular.BBRY has never went close to It's high of around $18 either.
I did pick both of them to be turnarouds.BBry could go either way time will tell
Read your post and never seen the P.O.S. shorters you speak of. It's called IGNORE...lovely little device that wards off all fowl mouthed criminals. Life is Good.
Sentiment: Strong Buy