tradelogic, I bought a huge amount of DRL preferred today and continue to add to my FBP poisition. The Feds are comong, the Feds are coming, the Feds are coming...to the rescue soon.
...mark this post.
Up $100,000 on my March 2014, June 2014 and Jan 2015 calls and my common poisition. You have seen nothing yet!!!!!!!!!!!!!!!!!! Die shorts, Die!!!!!
Don't ask me why!!!!
Thus far today, someone has bought over 3 million shares at $6.48. These type of trades are usually put in place by the market makers, hedge funds or someone interested in making a takeover move. I'm buying cheap options just in case.
Someone is parked accumulating big time at $6.48 with a perpetual buy order of 500,000 shares in Level II. It has been that way since the opening.
You are a gentlemen sir. Never, ever been short BBRY, I'm a fan but my money comes first. I'll never be short BlackBerry...not in my blood.
Bought pre-market at $6.10. Pre-market trades are more desperate on bad news. Live and learn.
BlackBerry will survive because all the government pricks don't want to be snoop upon by the U.S., Russian and Chinese.
Nope, I sold all of my position at $15 and $14 before the earnings call that resulted in a $1.0 billion loss. That position was bought at an average cost of $12.65. Average cost now $6.33. Holding for the next 6 quarters.
...happy that the PE did not succeed in taking it private and that Chen is in-charge. Thanking my Z10s out of the drawer and will buy a Z30 as soon as the transaction closes.
Will continue to accumulate on opportunities.