I think unit shipments will be announced the week of
the 27th of may and an earnings upward revision along with it. This is why nothing was said at the blackberry live event. I like many other longs will be buying more at any weakness next week. I feel for so many shares short.
And I might add that this will be the catalyst that will break the backs of the shorts and get the squeeze going. After conversations with investor relations from the company in regards to the annual meeting coming up in july, when I inquired about so many shares short the only thing that he said was I sure hope that they know what there doing.
more hoping and praying on the short squeeze thing cant you guys come up with something better say earnings,mkt share gains,better partnerships,you know the stuff that may actually get shorts to think about covering until something like that or the co buying shares,there is no reason for shorts to run for cover,one more thing,this mkt will correct and that will help shorts also,im betting when the mkt has to face the reality again of how messed up washington is
Shareholders meeting is in july. To vote, shares will have to be recalled, if lent out. So expect sometime over the next few weeks that to happen, causing massive short covering along with blowout earnings and then the launch of the q10 here. All the perfect storm to take this to fill that $30 gap down. Will commence over the next 2 months.
It does not matter how good the news is, Shorts will twist it around and weak longs will sell causing the price to go down. It has like this all along. The news will eventually be good enough for shorts to get burned but won't happen till August.