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BlackBerry Limited Message Board

  • trading_god trading_god Apr 1, 2013 6:08 AM Flag

    30% of outstanding (shorts) will cover next few weeks, it will get us in 30's. Here is why.

    Its got nice safe U shape turn around chart.
    No debts, billions of coin in the bank. Most important, makes a profit, and profit margin significantly improving.

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    • Q10 is going to FLY but you have to realise that with the sort of volume BBRY has seen in recent weeks, shorts could cover at 10 million a day without you even noticing and without the stock hitting $18

      The "short squeeze" is by and large a myth that deluded "longs" hang onto when they have bought junk.

      A squeeze won't get this out of the teens. Q10 in Presidential hands will..........

      • 1 Reply to somuchforyouz
      • racebill Apr 1, 2013 7:01 AM Flag

        The short squeeze is not a myth however with bbry the chances of a squeeze over $30 are about 10 %.The shorts are not covering they are adding to their positions. The only shorts that are covering are the ones who make money off bbry every day shorting the pops.I agree with you about some of the deluded longs on this board they think "the shorts" are the bashers they argue with on this board and have no clue about stock market.

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