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BlackBerry Limited Message Board

  • rim4all rim4all Apr 19, 2013 11:33 AM Flag

    seeking alpha article

    Fundamental Review

    Fundamentally, BBRY has many positives. The company's profit margin is improving quarter over quarter. The company trades for 9 times free cash flow and 74% of book value. BBRY has no long-term debt. EPS is expected to rise by 64% next year.

    Technical Review

    Technically, BBRY has been in a long-term uptrend since hitting a low of $6 in late September. The stock is currently trading at the low end of the current uptrend channel. This has been the ideal time to get in historically.

    My Take

    The company has a large portion of the current subscriber base waiting for the Q10 phone with the QWERTY keyboard. I think this will be a big catalyst for the stock in the second half of 2013. The stock is a buy here, but scale in to the position over the summer months. The indiscriminate selling may just be starting.

    Sentiment: Buy

8.00+0.20(+2.56%)Jul 29 4:00 PMEDT