BBRY should focus on building out the infrastruture, hardware and software of the BBM platform, and continue to enhance its privacy, security in order to roll out e-comm applications, video, and other features. Technically it can develop into a novel browser or parallel internet one day if it keeps going with quality.
That is where the future is for BBRY, the handset business will be denograted to markets such as India, China, and other 3rd world places.
The spin off will produce funding for the new venture.
How does a subscriber to a technology software program that distributes meaningless messages be equivalent in market share to a biotech company with potential to help humans.
This is a sick casino joke, and is exactly what is wrong with medium and long term markets. However since its a game, i think within 2 quarters if not sooner this will trade below $20.
Doesn't anyone want to comment ?
Again ! dummies on the board.
I predicted bankrupcy over 2 years ago, when shares were over $ 50 a share.
Finally the dangerous CEO was fired or let go, selfish morons running the company into the ground with their MBA employees from Waterloo.... Not a way to go i tell ya.
There needs to be a MASSIVE shakeout, and further cannibalizing of the company over the next year, or less, as they downsize, and up size their ideas.
I think that free spirit and closer cooperation among motivated employees along with a smart management team will continue development of the BBM platform and others, in effect they should just downsize and sell off the hardware business eventually.
The question is, will GOOGLE take them out by copying BBM technology, or will Amazon via OEM.
I think at a market cap under $1.5 B, BBRY could be a buy, but we are atleast a quarter away from the bottom, and in the mean time the share price will sink fast to probably about $4-5 range.
Who's the girl or guy behind the BBM phone calling technology, which is both high quality, and secure apparently ? finally with the new iteration of BBM they surpass both Apple, Samsung, and Google. That team should be working with the CEO immediately.
The government should ban 1-person opportunists who BS their way to legitimacy and profit. This kind of behavior creates inefficient unproductive and unstable markets, and tarnishes the main purpose of financial markets, and commerce. This person is simply using his rights. Its like pushing a few buttons on a wall and voila, its that simple to earn a Billion dollars in weeks using options, and financial instruments not accessible to the common citizen.
Earnings are softer, and at this point CAPEX spending will be on hold well into next quarter, even with a break through. The next 5 years of this recession will see the innovation, competitiveness, and prosperity start moving elsewhere.
The white boys in the hood stole the show, don't you know, since the 1980's, Astronomical bonuses, and Lobby Groups, and regulations, all on off shore accounts, and family dynasties.
The DOW should be 20% lower by now, there is NO deal, there is no growth, and there is no middle class growth, or prosperity, or equality.
Why is the DOW index even holding gains ? i have no idea.
Yes, but not all market participants need a MAJOR correction. Maybe if the market went down 20% then AA could go as low as $7. But not to the same degree as the DOW index inho.
Barring any massive market crash, i think AA has reached its 20 year lows.
Good time to accumulate over the next 2 quarter for holding several years out, as the demand for high end aluminum only increases.
This is a no Brainer at these levels.
The actions of Carl I. are not good for commerce, and especially not good for Apple. He represents opportunists and frankly hides behind the veil of what was once considered honorable, being a true investor and shareholder, holding "shares" and interest in a company, now he is acting like he is righteous, pompous and intelligent, oh such a privilege has been bestowed on him only because he bought shares. I highly doubt he even owns an iphone, or ipad or even uses itunes, or understands current business.
All this is show business, using CNBC and others as platforms, to get a message out in order to pump a "price" and make hundreds of millions of dollars for a few hours of work. The followers and "likers" are happy as they get what they really want, a potential share pop short term.
This is NOT in the best interest of wall street, nor is it in the best interest of the brand, or the company, and is a very sad situation, when one person just because they have billion of dollars, can change the direction or influence a company originally built on vision, innovation and entrepreneurship.
Probably there needs to be regulation in this area to mitigate activist shareholders from day trading, and manipulating the markets, which de facto is basically what he's doing, in order to make money out of thin air. This is not capitalism, is it ? or is it ? Does having several Billion dollars make one more of a human than others, should we as a society re-look at these types of situations more carefully now as times have changed?
The Chinese market is tiny, and different, and so is the market in India. The patent laws are not practical and the product would be too expensive in these countries.
I am sure he is referring to countries in the 1st world, maybe Japan or Eastern Block or Latin America.
You need to be very patient with this company.
When brother when ?
I think AAPL is worth $ 250 a share, if they can get their act together and provide faster quality updates on the desktop models, and iwatch including other wearable devices to compete with google glass, and apple TV to compete with netflix, then we are looking at $ 500 valuations.
Forget China, the government and cultural system in China would never allow growth of a competitor beyond 10% of market share, i just cannot see it, China is a semi-communist system run by corruption, billionaires and competing states/provinces... its huge, and a different unstructured market.