That's the ONLY hope for this stock...not some "short squeeze"...there is a high short %, but it's not a lot in dollars and the shorts are likely right on this one.
I don't have a position, but this one interests me. Their products are out of favor with young people...a few years ago all kids I know wanted Blackberry...now iPhone and Samsung are so popular, Blackberry may never recover. They lost a ton of subscribers...the demand is "strong" because they delayed the launch and are channel stuffing. The large amount of shorts is misleading...this used to be a $140 stock, so at 14, short interest in dollars is a tenth of what it appears. They will likely be bought out, but at what price?
It has a Netflix option...I looked over the movie titles and the selection was so poor, I did not see one movie I would stream. Then I tried Amazon and was able to stream every movie I could think of...did I do something wrong on Netflix?
but why should I? The stuff is about 20% more expensive than Stop and Shop...and CVS always sends me 30% off if I shop online.
Anybody else see a business model about to implode?