You are a stone cold liar. Barrons did NOT recommend BBRY at all.
They merely reprinted what analysts are saying, MOST OF IT EXTREMELY NEGATIVE. Anyone who wants tod od their own DD, and not listen to this lying poster, click on "headlines"
to your right and read the article. EXTREMELY NEGATIVE!!!!: Here it is for thos who are too lazy to click on "headlines & read:
"Shares of BlackBerry (BBRY) are up 80 cents, almost 6%, at $15.25 following a report of an unexpected profit last Thursday, for the company’s fiscal Q4 ending February, and comments by the company that it is pleased with initial sales of its Z10 handset running the new BB10 operating system.
There were several notes today following the long weekend, and most involving some adjustment to estimates. There is still a fairly wide disparity among analysts in terms of revenue and loss estimates for this fiscal year ending next February. Some of the themes are a continuation of those raised in initial reports published Thursday afternoon: rising estimates, a more profitable outlook, and uncertainty about subscriber numbers.
Wells Fargo‘s Maynard Um reiterates an Outperform rating, and a $19 to $20 “valuation range,” writing “Gross margins were the biggest surprise in the quarter, beating even the most optimistic expectations, though we see this now as largely the cat out of the bag.
“We believe the implied revenue as well as breakeven EPS guidance for FQ1 could be conservative (we forecast $0.07 EPS),” writes Um, “And believe one key to watch will be the timing of new carrier launches, particularly for the Q10 BlackBerry with keyboard (early vs. late May).”
Passi cuts his revenue estimate from $12.7 billion to $12.52 billion for this fiscal year, but raises his EPS estimate to a 7-cent loss from a prior estimates of a 22-cent loss. The new estimates reflect “a conservative outlook on
BlackBerry 10 (BB10) units, declining hardware ASPs/margins through the fiscal