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BlackBerry Limited Message Board

leehab22 32 posts  |  Last Activity: Mar 31, 2016 5:42 PM Member since: Jan 25, 2006
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  • Reply to

    Why You Should Sell Now

    by leehab22 Mar 30, 2016 7:21 PM
    leehab22 leehab22 Mar 31, 2016 5:42 PM Flag

    Rich people are the stingiest people and that is why they are rich . Some investors do Not want to face reality . Look at Valeant and how investors have stayed with it from $250 to $28 . This stock has dropped from $100 to $40 . It is because you like to fool yourself and to refuse to face reality .

    Pier One was in the same boat . They went from $1 to $30 because they did exactly what this company has done but they crashed . This company has a huge inventory on hand right now that it does not know what to do with . That is why sales came so low because no body bought it .

    I suggest you buy all you can because you will never learn . CEO's use many excuses for poor performance . They never tell us the real truth . Again, the stock has dropped to $40 for a reason and many investors bought it on the way down thinking exactly like you and now they face huge losses

  • First I have no position . I heard the discussion on CNBC this A.M. Here are the sell signs :

    1- CEO is blaming the manufacturers not being able to ship . Really ?
    2- CEO said people did not respond to promotions . Very bad sign = people Not willing to buy even at lower price .
    3- AH the bulls buying 100 shares at $40.70 up .17 cents to fool idiots
    4- Window dressing by the bulls who most likely taking a beating to save face and curtail embarrassments

  • leehab22 by leehab22 Mar 30, 2016 3:25 PM Flag

    Made a small profit of .60 cents . Had high hopes for it but with competitors laying off high number of help means the future is very dark and earning will be bad and will push the stock to $10 . The game is over .

    This was another GoPro that has had its days

  • leehab22 by leehab22 Mar 28, 2016 5:56 PM Flag

    Short sellers attacked the stock today and they dumped very large blocks one after another . Dropping the stock is easy but if no one sells the short sellers are screwed which is the case here . So the short sellers can sell all they want but they will end up buying shares at a lot higher prices which is good for us .

    So I am happy about today's performance . The stock is worth at least $21.00 and for that reason I am adding more . Since last year , all short sellers have lost big time including Ackman shorting Herbalife . Idiot

  • AH 72,000 shares were traded at $5.38 but at the last second " 4" shares were traded at $5.30 down .08 cents

    Are short sellers that Stupid ? 4 shares so that the headline shows the stock is down .08 Cents in AH
    Wow, I just can Not believe it

  • leehab22 by leehab22 Mar 10, 2016 3:29 PM Flag

    Between yesterday and today short sellers have wasted many shares to drop the stock . Today , for example, Pre-Market they listed 27K at $5.15 then dropped it to $5.07 all to create panic and get retail investors to sell but soon they found out we are Not dumb like they are . The problem was , also, they found an analyst who downgraded the stock with the most stupid reasoning projecting what " might " Not " will "" happen in 5 years .
    3 weeks ago an analyst from Goldman came on CNBC and told every one to sell gold as it was going to $1000 but gold kept going up to near $1400 . Today the same analyst was on CNBC admitting to his bad call on gold .

    Bottom line is that Goldman analyst could not even forecast 3 weeks , yet we have an Idiot who could forecast 5 years . Really

  • Reply to

    Citigroup comments

    by smulloy98 Mar 10, 2016 9:31 AM
    leehab22 leehab22 Mar 10, 2016 10:54 AM Flag

    He had an agenda to drop the stock and he could not pin anything to present or near future and he cited something that might happen after 5 years . If you check remarks by CEO's recently they are saying they do not want to provide guidance any more as it can not be accurate . Now these are people who are actually running the businesses and not an outsider like analysts who are wrong with their forecasts 80% of times .

    My guess is short sellers are losing a lot and want to get out and teamed up with this analyst to buy shares at lower price and it back fired . I am keeping my shares and collecting my dividend

  • Reply to

    Wells Fargo Report 2 Weeks Ago...

    by goldinvestmentmanagement Mar 9, 2016 9:48 PM
    leehab22 leehab22 Mar 9, 2016 11:01 PM Flag

    Wells Fargo as a bank and consequently its research dept is far superior to that of Citi . Citi stock is still $4 ( Citi had a 10 for 1 reverse stock split ) whereas Wells Fargo is way up due to superb management and research dept. That is why Citi analyst put out 2 notes because investors did not sell when the first one came out . Timing of the note and releasing the 2nd note means the analyst had a motive . Was he paid ?

  • You bet . Here is why :

    Router published the exact note . The analyst said he "felt" the saving from the deal with Verizon may be lower than what the company had projected. So short sellers dropped the stock in hope to get people to sell . But no one sold and volume stayed very low . So now what . Then the analyst issued another report later today saying that the company may or may not be able to pay the Dividend by 2021 . Notice he said " may or may not " .

    First, no one can forecast the future by 5 years especially in this economy unless this analyst is a fortune teller and can see the future

    Second, does this analyst have nothing to do that he publishes 2 reports in the same day for a $5 stock ?

    Third, if he can see the future 5 years ahead, wouldn't he invest in some stocks and become very rich and quit his job instead of working for Citi ? Really , Citi

  • Reply to

    Their research-Dividend cut coming in 2021......

    by malboeuf1 Mar 9, 2016 4:30 PM
    leehab22 leehab22 Mar 9, 2016 5:21 PM Flag

    They can Not even predict next year , let alone 2021 . And he said " may be " . There was something fishy going on . The downgrade did Not propel real selling as volume was extremely light and the drop was based on short sellers selling . At one point mid day the trading came to a halt and then I posted here volume was too light, and then shorts sold more and toward the end shorts were posting 100K shares at the Ask side to keep the stock low .

    Short sellers in this stock are pure stupid and here is why :
    Each Q they have to pay the 10cents Div X 4 = 40cent a year X 179 million shares shorted = $72 Mil Dollars
    and the stock has been moving up a point on top of that which is another $179 Million Dollars Loss

    Plus, short sellers constantly buy shares in open market and sell them to the bid at lower price to discourage buyers which results in more losses . Wow, they know how to lose money

  • Reply to

    Citi downgrade

    by fwb54 Mar 9, 2016 10:09 AM
    leehab22 leehab22 Mar 9, 2016 1:54 PM Flag

    That is what short sellers do . They drop the stock in Pre-market to create panic . And the minute the market opens they sell in a rapid pace . But look at volume and how light it is . No body is selling . Company is on right track with excellent div

  • The stock is shorted heavily and today almost the float was traded . One trick they use is they buy shares on open market and dump it on the Bid and also they sit under the Bid at just a little lower price . So if the stock is trading at $13 shorts dump 50K shares to break it but they also put a bid at $12.94 . So they break $13 but capture some of their own shares and turn around and dump those too and that is why we see huge volume which is Not the real volume but trading volume . They lose some money on each trade but compare to 20 mil shares short that is not a big deal .

  • leehab22 by leehab22 Mar 8, 2016 11:14 AM Flag

    The company is in the perfect spot for growth for many years and new products will prove it . I had my eye on it since around $20 and today I decided to pull the trigger and got in around $13.10 . It should have no problem reaching $25 and beyond . Very excited

  • leehab22 by leehab22 Mar 7, 2016 7:27 PM Flag

    Buyers do Not wait to buy a company when it has moved up 6 points . Musk bought 100K around $17 and if he wanted to buy the company he would have entertained it then and bought it around $23 or so . Now he has to pay at least 25 or 26 . He is very smart and would not tell any one he was buying so that the price go up . Also he could have bought at least one mil shares instead of 100K . There is Not a chance any one would buy at this inflated price . Only fools are believing this rumor and you can bet Musk will wait for price below $17 . Watch and learn

  • I told you never trust Middle East . What they say is meaningless . Saudis have a mission to destroy Shale in USA because with Shale they will continue to lose market share and prices will remain low . Count on bankruptcies to start close to 2ed half

  • leehab22 by leehab22 Feb 18, 2016 4:18 PM Flag

    Oil should not be touched until late 2017 at best . Middle East statements or agreements can not be trusted . They say anything to jack up the price . Right now they can Not afford to cut . Too many producers who need money for survival and or to balance their budgets . Oil landscape has changed and every one cheats . FED said world economy is getting weaker that means earning will suffer .
    Buy gold . I bought GDX yesterday @ $17.45 and is already up 1.50 today . Gold will continue to surge

  • leehab22 by leehab22 Feb 18, 2016 10:51 AM Flag

    Some on this board who probably have bought the stock at lot higher price are trying to put a positive skin on such a lousy report . Company LOST .48 cent per share . They cut capital expense by 50% that is a disaster . Company sold $750 Million in assets . Company is slashing its production .

    When you add all these negatives , the result is terrible . Some funds who are in this heavily have tried many time to jack up the price especially in AH but all have resulted in bigger losses for them .

    The fund that sold 63 mil shares yesterday was smart and now that fund can wait a year and buy the same stock a lot cheaper without losing more money . Buy Gold while you wait . I bought GDX around $17.45
    & holding all my puts on this one

  • leehab22 leehab22 Feb 17, 2016 7:59 PM Flag

    Report was terrible . This report is for 3 month ago where oil was mostly around $40 not. $29 . Company is cutting capital expenditure by 50% damaging future growth . Also company is cutting oil production and with these low prices the revenue will suffer significantly . The real pain will start with next earning where it reflect oil at $29 . The fund that sold 63 mil shares today was smart as it won't get a chance to sell at these prices . Look at share price around June

  • leehab22 leehab22 Feb 17, 2016 2:55 PM Flag

    The action today is bad . A big fund is unloading lots of shares which suggest the future is grimmer than thought and bad news may not have been baked . A report yesterday suggested that by second half some 167 producers will file for bankruptcy . That is a lot . Even the FED today stated world economy is getting worse .

    I got in to GDX @ $17.45

  • leehab22 leehab22 Feb 17, 2016 11:05 AM Flag

    The deal they agreed was the worst as it freezes the production at the highest output . So it means there will be one million barrel will be added to the surplus each day . That is horrible . That does not include Iran . These people also lie and cheat and produce more .

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