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BlackBerry Limited Message Board

  • georgew_dunce georgew_dunce Jul 8, 2013 12:08 PM Flag

    BBRY seems stabilized. May be time to get back in? Still watching it from the side


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    • bears saying tomorrow will make it worse of course. I doubt it will make it worse. Might make it a little better but not much if any and not quickly. Of course the shorts could simply short it some more if they simply don't hear anything overwhelmingly positive (they have a history of doing that). But the price level is kinda contradicting that. But on the actual fundamental news or statement front I think if there's a stock-moving event it would be more likely be a slightly positive one. (that again, the shorts would spin into a negative).
      In terms of longs, I think there are more like you waiting to get back in than there are those waiting to dump if they dont hear something monumental. I think there might be some support at 9.5 (for obvious reasons) and around 9. With first resistance at 10.5-prob weak with stronger at 11. Bet sellers would come out of woodwork at 12.

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