I agree. The key here is to stay out of margin because GS, CS, JPM and the likes pray on investors who rely on margin, forcing them to sell on storms like the ones we are now going through. This is the strongest and most promissing BBRY I have seen in recent years.
You are leaving due to emotions, because, fundamentally, this is the best BBRY has been in a long time. As for me, I picked up a few thousand shares at $8.76. It may go lower tomorrow, but that's fine, I'm happy with the current price.
a windfall for LL. Once they are cleared from wrongdoing, which I am almost certain they will be, they will be able to use the whole snafu as publicity. This will be the best publicity they could ever get. Get ready for the mother of all runs once this is cleared by end of spring. Take your positions now.
You are losing power. The shorts 15 minutes of fame are over. Cover and move on, uless you want to lose your shirt.
Yes, most of the software revenue go directly to earnings because there are no cost of goods sold related to it as is the case with sale of hardware.
Let me see if I understand your point. In a year the company will be making $600 million in software income, which according to your own number, will be $1.13 per share, which at a 20 pe will be a share price of $22.68. Not bad, if you ask me.
Google the topic to see the summary at Bezinga
He lamented that he could not respond due to quiet period.
The guy is a genious. This company will be sold for more than $30 a share down the road.
The real new news from this Presser is that Chairman Kaye of The US Consumer Product Safety Commission (CPSC) said that they will not use deconstructive testing to do the investigation against Lumber Liquidators that they announced today – as it is likely not the right method to analyze the safety of the product. The CPSC will use finished goods testing similar to Lumber Liquidators’ methodology during this investigation. This must make Lumber Liquidators happy, as they have used this finished good methodology and have shared results on their web site which shows safe levels of formaldehyde in their Chinese Laminate. Lumber Liquidators’ contention has been that finished goods testing is the proper test, as this is the way the product is used in consumer’s home. The CPSC apparently agrees with Lumber Liquidators’ contention…
Tilson will fry