The two day drop to $10 was engineered, as usual, by the hedge funds who sold options with $10 strike price.
Note how well the manipulated the stock price down and landed it right on $10.
BBRY will be back above $11 by end of next week and higher in the week after that.
" Tech watchers say this bug — which Apple quietly announced on Friday — illustrates that the company’s reputation for strong security may be overstated.
"People in general feel, 'It's Apple, so it's secure'," says Brian Bourne, co-founder of Toronto's annual SecTor cybersecurity conference.
“Whereas the truth is that Apple operates within the same bounds as every other software provider, so they’re just as likely to have security vulnerabilities as anybody else.”
Johannes Ullrich, dean of research for the Internet Storm Center, which monitors online threats, goes even further: he calls Apple’s security reputation “a myth.”
Apple’s latest security flaw became public on Friday when it released iOS 7.0.6, explaining that the newest version of its mobile operating system had fixed a bug pertaining to safe browsing."
Ford moving to BB's QNX in car communications system, has proved to be much bigger news than yet another flaw in Apple's substandard device OS.
Volume indicates to me that shorts are covering big time and unable to keep SP depressed.
Yes, shorts drove BB down this morning aided by currency fluctuation and they are trying to cover at around this price.
Volume on TSX is huge, 5million in first 2 hours.
You'd do well to be careful with your posts.
You could be sued for what you posted.
Racebill: " I remember when I left school, they said to be proud of who you are."
School principals say that to all the kids who can't graduate or are expelled. They figure it will help to keep the prison population down.