Alot of smoke has to clear, before anything significant can happen. Day trading only right now. Even the Apple guy saidhe wasn't interested in the handset division. And by the way, everyone was interested in buying Blackberry, but the price was not right. It is ugly right now, and will be for a while. Going to take time.
beaver i know you're looking for attention. every lone soul craves it, needs it, longs for it, so i'll bite. Here you go, down and dirty, pulling no punches, Go F!!! Yourself.
p.s. lube that cucumber real good.
For what it's worth, and you always have to listen to the little people ( you know the ones that really keep comapanies going by buying their products in mass) so far this morning 6 friends and associates who have downloaded and are using the BBM app on their iPhones are ecstatic that they can BBM their other friends that are still using Blackberry phones. This is good enough for me. Tip of the iceburg here. This thing will be the most downloaded app of all time.
LMAO, Great movie. Everytime it's on I watch it. However hope you watched right to the end. He does screw the people that tried to screw him LMAO. Almost like the long/short, bashing, and claiming Blackberry dead.
But Great Movie "Trading Places".
BlackBerry – Bernstein upgraded the smart phone maker's shares to "market perform" from "underperform", saying any lack of credibility about the Fairfax takeover bid is now priced into the stock, and that there's a better than 50 percent chance it will succeed.
If a second bid comes in, and I believe it will, that the price will be begged at the the high of the 2 bids, and this shorting business will be over, real fast.
First of all they got the money don't worry about that. Second, lol, even Cramer admits the real gem is the security. You know who should buy them, the Government. Security, Security, Security.
No one ever wants to be the first bidder, unless they want something no if, buts or and's about it. So if parties interest in Blackberry, perhaps don't want the whole thing then it takes some time analyze. Now that something is out there then who ever might have been interested, has a guideline. Something else will happen, and soon. Look, Watsa, is doing this for money not for show. I think the $9 bid is real and the worse case scenario at this point. The stock price well manipulation. I wish i owned 20m shares, I would have some fun with this too.
It's all about percent average on a monthly basis, not the quick buck for the big boys.
If everyone on the street is treating this company as dead, and they think that Watsa's big is not real, then MSFT, YHOO, FB etc. should be able to put a real bid in for under $9 and reall get everything at almost nothing. Thats all that has to happen, and I believe it will.
Well this is scarey for sure, but one has to wonder, deal or no deal, mostly people see value in blackberry, the money for sure is having fun with this now, personnly I think today is the last of the big selling or covering. Friday is financials, something better than the pre-financials will pop up. Maybe not much but something small just enough to keep people in this stock. I would be surprised to see this close even today or maybe just over $8.53
I diagree, MSFT would be a logical choice for Blackberry. They bought only the handset disivion of NOK for more than this offer. They can get a whole company just by uping the bid a bit, including the Patents and cash that is really worth the money. The 70m subs and don't forget the assests, land and buildings, everyone forgets that.
I think more bids coming. Brobably will settle about the 6 bill mark. Think about it, you pay 6 bill for company less 3 bill in cash you just paid 3 bill for company. Then you have the restruturing charges, right downs which equals tax savings. Hell of deal all of a sudden.
Even if at the end they break it up and sell in parts, I bet they can make 1/2 a bill profit. Oh and if they keep the company, and start generating positive buzz who knows what they can make on it.
The betting has just begun. A bottom has been set.
YOu will know by the end of the day if these contracts will have any bearing on stock price. Keep an eye on closing price. Might still be red but if it closes close to high of Friday, then i would say you will see a pop tomorrow. Well how much who knows but enough to, scramble the shorts.
At this point analysts are saying that BBM is one of the few remaining pieces of the business that might be of interest to someone. What happens if they launch BBM on Android and iOS and it is a complete HIT, and everyone cares???
What happens to the value of BBM after the consumer LOVES IT on competing platforms?
hehehehehe This will end grea!!!!!!!
p.s. I just couldn't resist. lmao
I can fully understand why you keep being negative, and for the most part I would agree with you. If you want to do the day trading thing, then yes negative is the way to go, but you better put stop losses in.
At this point it is very clear that something is about to happen to Blackberry. Positive or negative, the individual has to decide for themselves. However, if you get rid of all the noise, I believe that the danger is in being short. Although I do not believe that this stock will go through the roof, $3 to $6 rise, when the sold sign goes up is do-able.
Play as you wish, say what you want, but I really think, and maybe not today or tomorrow, a pop is in the works. After that it's anyones guess.
below average daily volume, which means this run up there is no real short covering or short squeeze happening. I took some of my long position off the table this morning.