I am long and I have to say little by little inch by inch BBRY will secure their name as a player (even if 3rd fiddle). Remember they used to have a significant share and have lost a lot of it. All is takes is a few more publicized security breaches by IOS and Android and BBRY will win back share. A small % increase will move them significantly higher.
if you are downside nervous put a stop loss 10% (or whatever you are comfortable with) below current price that way you are protected
Feeling a bit more confident myself...including Credit Suisse Research has a $10 PT on this and are expecting a pop upon the approval. I'll buying in on Tue with a 1500share position. We'll see what happens if for some reason approval does not go thru i'm expecting a 20-25% decline. Upon approval i expect a 15-20% pop.
getty...like your enthusiasm but based on what other than you own ERB. I'm long too but let's be realistic...if it hits 7 by end of the month it will have gone up 450% in 3 months. If it holds momentum i think the big marker would be 5...even that would be outstanding.
yup filled and happy about it. ERB and GILD have been good to me. My remaining discretionary funds will be alloted to GILD that stock will (IMO) hit 150 before year end.
I wish I had more mullah to put into this gem. Any time it goes slightly down I feel that it's an opportunity to buy. Have to be careful not to get too heavily weighted in the winner. However with everyone screaming price targets of 150 plus very hard to resist...& i'll be kicking myself in as* when that happens and asking myself why i didn't buy more...even the great GILD needs to rest as was the case today. Next stop will be 115 before we see any slow down.
Well they did announce as per their march statement that they would as they put it "exploring strategic alternatives". Ultimately I would have to say that I didn't do as much DD on CONX as I should have...this was a spec play by me and well I guess I've been burnt harder (WAMU sent me to zero) so that fact that I'm down only 37% is not as painful. I guess my only question is how they decided the value from March whenever and took the avg price from the previous 90 vs. the last 90 days. which would give some cost ave in the .30's at least. Anyway I hope we all learn from this and am sorry to all that lost on this spec play.
Defn some profit takers today. This is a good thing. I actually have a buy order at the low of 3.65 yet to be filled. But as ERB is rising I expect a pretty rocky road on the way up as short interest will start to rise considering the rise in the last 60 days. But as the shorts are going to have to cover the move up's will start to get larger. If any institutions start to accumulate then we head north of 5 in a hurry! GLTL
dude what is your problem? why bother with all your crash rant? Seriously is something bothering you or did you get fired form the company...enough is enough
impressed with the volume/close today as well as the last month. Dr. Snowman how did you become aware of the IR Firm that Erb hired? Don't they have an internal IR person? In any case if it is for marketing purposes I'm really not what to make of it. Usually companies on the rise don't necessarily go outsource that b/c they want to control information.
There seems to be 2 articles for the SA Pro members. Has anyone on the board seen them/care to share any details? I've been long ERB for some time and have added to my position (cost basis around 2.30) I'm curious as to why such low volume. They seem to be a one stop shop for diagnostics and testing kits. I'm wondering if they just are not big enough in any one of their companies to make a meaningful impact. Where will their true growth come from if they are selling pennies to the big boys dollars? growing @ 10% a year will make no one rich.
While I agree that Companies can fail by working with governments the fact is that more and more of them as well as private organizations (auto industry/email & msg platforms) are adopting the bbry security features (ultimately licensing from BBRY). Additionally they had a chance to be bought out @ 9 dollars and refused to go private. Prem Watsa is not a dummy he too recognized that $9 figure to go private was not worth it and instead opted for 1billion loan converting to $10/ps...so nothing under that figure will recoup his investment. These guys are hunting for a 50-100% gain...to me all the underlying currents for BBRY since the loan have been positive. My guess is that MSFT will buy them since they now have phones via Nokia...all they need is the security and bam they will be again able to compete with AAPL and GOOG.
Chen is a pretty smart cat and I think that a buyout may be imminent. When he took over sybase (Oracle bought them out) that was his role. In the interim they have made some nice acquisitions to further enhance their security features. If a buyout doesn't happen I think they will only go up. Not only has he reduced costs he has been enhancing the overall value of the company. Hindsight being 20/10 I wish I had bought more when it had dipped to 9.20ish. I feel they'll be @ 15 by year end if not higher...that's my target. They have all the world gov't support as that is the only phone that provides the level of security needed and wanted.
if this hits 6 again i'm out...this technology is not getting mass adoption. if they get a contract here and there they will never sustain & the desal market cycle just takes too long...at best this has been a spec play. it's been pretty volatile over the last year. it's been making lower low's and lower highs...not a good trend
well we're down close to 40% from our 6month high. anybody have any thoughts on how this will ring for this quarter. Hoping for a surprise maybe we can head back to above 25+.
buyout would not happen unless 20 or greater...they will get back to their highs before 2014 is complete. Once the div is announced tutions will start accumulation...players like GE and HPQ are potential buyers as both are looking for 3DP assets.