As a senior executive who manages over $3 billion in investments, yes. As to reality, I suggest you get out of your parent's basement to see the real world.
Because it's not just super powerful politicians who need this level of security. Many CEOs, and other high level execs of multinational corporations need super security to protect them from state sponsored stealing of intellectual property and strategic discussions. Get it?
If you're so frightened, why not just short the stock. Personally I loaded up at 19.50 this morning.
I said $11.25 close on Monday. I was off a bit. But it blew through that level today. Headed toward $11.75 by end of this week and new highs.
Chen, because of his Hong Kong roots, and long standing within the tech community, is being invited into many Chinese companies interested in growing their investments in the West. It is very likely that Chen will grow BBRY by at least 50% this year, and then one of two things will happen: (1) BBRY will begin to enter mega-partnerships and continue to operate as an ongoing company; or (2) BBRY will be sold to another company or Canadian private equity firm for at least $25/share within the next year. I'm betting that Chen sells the company and takes his quick $200 million from his personal stock sale, and moves on to his next venture. I just don't see him at 59 years old wanting to work a going concern until his retirement. 2015 will BBRY's banner year!
Do you not read the news. Please read and learn! And don't be lazy and ask me for the link. Try Google. It works wonders!
Would have thought it would have happened by now.
Watch and learn. Stock will be trading at $20+/share by end of 2015.
Absolutely amazing! This has the potential to make the enterprise part of HP a $100/share stock. And if they figure a way to make 3-D printing affordable to the average consumer, the consumer part of the spin-off could sell at $100/share too! We are entering new age of printing technology that could change the way business is done!
People don't realize that HP is turning itself around as IBM did years ago, when it looked that the latter might actually go out of business. I don't expect HP to be a $200/share stock; but $50/share at the time of spin-off is very likely!
Sales and services hitting on all cylinders. $40/share by end of year. $50/share by spin-off. More layoffs coming.
Buy 5 million shares at .02; sell at .04. Repeat.