Catalyst is that those in the 7 Calls, will be out. They will have exercised their calls this Friday. Come Monday, no reason to buy the stock. They will let it dump. And then, when they fell it has fallen enough, they will get into the calls, maybe on Wed, maybe not, and repeat the process.
This is how their game is played, and they personally make only themselves rich. Never the investor.
Of course, if the buyers are the same firms that are in the Calls... well, that makes a bit of sense.
But true, buyers and holders??? Doubt it. Come Monday, a massive dump.
Good bet. These guys know how to play the options. All this is. Someone told others about the Foxconn deal, and they bought those Calls for next to nothing. Then using other peoples money to pump this up.
What a fraud.
Yeah, just a Chinese loving, corporate patent selling, and working cutting CEO, is all he is.
What could possibly go wrong??? Selling everything here, and ONE Billion in debt now.
What a loser.
Sure would be nice to know how many firms bought the Calls from his bit of information.
Knowing that they would use other peoples money to prop up a stock, with the biggest loss in history.
One Billion in Debt now, and they are getting others to prop the stock up.
Sure would be nice to know how many he told before doing his song and dance, and he dances the company into it's grave.
And are now 1 Billion dollars in Debt. Soon, that will be 2 Billion, as more shares will be released on the market. Only trick they have left. That cash will be gone this next year, and they know it.
Truly bizaar action to be buying here. Goes to show you what happens when using other peoples money.
This is all I see. Some POS manager is using other peoples money to buy up the stock, in order to meet their 7 Calls they are in. Buying into something that will continue to lose money for years, makes NO sense, and this so called "3 Billion" in cash, is going to be gone in a few years. What a radical way to evaluate a company and buy the stock. Nice manipulation there guys.
Yeah, all of their cash will be used in 2014. What kind of Joke is this??? They will not be around in 2015, except as a software company. Reminds me of Nortel, one of the biggest Canadian companies ever, and even they lost everything. What a disaster.
Ha !!! Tell that to Half of employees he will be firing. Nice way to sell out to the Chinese.
Going to lose ALL of the company patents as Foxconn steals their information.
These guys are desperate. CEO has golden parachute and does not have to care. He is a loser.
Yeah, he can Execute a good Half of the employees now, and Will. Every smiling CEO is because of a nice Golden Parachute, and they NEVER have to worry about mortgage, salary, or existence. The real workers do.
All you had to do was put his name out there. Chen
Need I say more about someone intent on stealing their patents???
Hey, I like successful companies as much as anyone else. I even owned a Blackberry World Phone. However, this arrangement now puts this company on a fast slope to obsolescence. Already laid off a lot of talent, and going to have to do more. They are just going to lose everything, and fast.
If you can not see that Foxconn will just steal the BBRY patents, then you are Blind.
BBRY is now becoming a software company, and you can NOT build a phone without knowing how all the software works. This means Foxconn will take everything this company has, and use for themselves.
Been nice knowing you BBRY, but this is the final strategic blunder you could EVER make
If you could not see this coming. Anytime a software company (which BBRY is now becoming) gets in with a hardware company, they are just selling the crown jewels for FREE. Foxconn will just steal and use for themselves. If you can not see this, you are BLIND
Can not wait. And explantion of how 4 Billions disappears under his watch, will be laughable
Did I read that right??? 3/4 of handsets were Blackberry 7 which I guess is selling at a discount, and not many of new BB10 were sold. And people like this ???? Delusional
You have to spell "TON" correctly. Stop wasting our time with your rants.
Talking with local managers of a JCP store, they say the sales have been very good. Not the best in history, but better than they have been in years. I believe them. I saw plenty of shoppers in line, ready to check out, and buying many things. Can not wait to see the sales figures later.
Can not wait to roast these shorters. They have to cover some day.
Pure stupidity to short this now.