Hedge Funds live by the money investors give them . Investors look for return on their investments and what happens when they see Negative return . They pull their money out which means they fire the hedge fund manager.
Today being last day short sellers had no choice but to drop the stock at any cost so that they do not look bad to their investors . But what are the investors going to see ? They see an Idiot who shorted a stock at a very low price and kept it while the stock moved higher . I would pull my money out and the investors would do the same unless they are looking for Negative return
That is exactly what I was saying . The shorts need real sellers who are absent .
They need to buy as many shares as they can today . Tomorrow will be a different story .
They know there is no stop loss @ #9.00 and they also know all weak hands have been shaken . In plain words there are NO SELLERS
Look at the volume . We did not sell . Only you, the short sellers , sold . So you sold shares cheap to create panic but failed, and now you will have no choice but to pay higher price for shares .
That my friend is pure " Stupidity "
Short sellers wasted millions and millions of share to get some people to sell but no one is selling except them .
Dropping the stock is not a big deal but if people don't sell then it will come back and bit you hard .
That is what is happening today .
Short sellers need shares to cover . Volume was drying and stock moving higher . So they dumped millions of shares to drop the stock to take stop losses out and possibly buy shares .
But does not look like any one has put a stop loss at $9.00 .
Again they come out losers . They sold shares at $9.00 and no they have to buy it lot higher .
But what can you expect from Idiots who shorted the stock @5.00
That is what short sellers are afraid of . That was the reason for the drop yesterday . Short sellers dropped the stock to shake weak hand and buy shares and this A.M. they tried to follow up on that but they have hit a speed bump .
The security company we bought is a game changer and is valuable and will attract more buyers and price will increase .
Short sellers will attempts today to drop the stock buy smart money is buying .
Also notice there are no sellers . Only short sellers are dumping shares
Stock has a short interest of around 95 Mil Shares and short sellers have been trying to drop the stock to hopefully cover at a lower price . But why now ?
Yesterday the company said that they will team up with a large company and are in talks with several companies . Short sellers know that the minute such deal is announced the stock will jump a lot higher and they will face a greater loss .
Also today the company announced they bought a German company specializing in eavesdropping which is a hot topic right now especially among governments of all countries . That made short sellers nervous and had to take action to shake weak hands .
Today short sellers were the ones dumping shares but they failed to create panic .
The new acquisition adds a lot of value to the company
Simply because you are an idiot short seller that does not mean we are . Nobody list 140K shares @ 9.95 15 seconds before the market close . Only you guys do that to prevent the stock from rising and you think stock closing below $10 is negative and may promote others to sell.
Look at the volume and how low it is . That means you wasted lots of shares and we did not sell .
Again 100 Mil Shares shorting is very, very scary
For the past couple of trading days short sellers have been trying very hard to try the stock . Today was no exception by posting 150K shares on the Ask side try to push small retail holders to sell . But it seems they are the only one selling . 100 mil shares shorted is very scary
Big players like Google , MSFT, HP, or may be Dell will Not let Apple to grab and run with the Enterprise.
Whoever buys BBRY will get a big head start and will kill the Apple IBM deal if it ever materializes .
The Apple/IBM deal raised the value of this company and that was the signal to buy as I said it at the time and I , also, increased my holding substantially. The stock is way too cheap for what it has
Or was it the short sellers trying to drop the stock
I am talking about real sellers . Short sellers constantly buy shares on the Ask side and sell it to the bid right away to kill the bid .
Stock dropped on low volume of 9 mil shares a day as short sellers tried to push it down . But no one was selling . Today we will have a great volume . Short sellers will no doubt will be selling all they can to keep the stock under $10.00 but that does not matter as they will pay a hefty fee to borrow shares .
Short sellers are desperately trying to drop the stock and preventing it to go over $10.00 as if we are going to rush to sell if the stock is kept under $10.00.
Short sellers can not post any thing negative so they are posting about Apple . Is this Apple board ? Why would any one post about Apple here ?
Look at the trading . Many times short sellers drop the stock and try break it below $9.90 by posting 70K shares on the Ask side to push others to sell . Really ?
The company just brought in a new COO with established proven records . This is the time to add to position
here is what it said"
“The news that Apple is partnering with IBM to expand into the enterprise mobility market only underscores the ongoing need for secure end-to-end enterprise mobility solutions like those BlackBerry has delivered for years,” said the company in a brief statement.
BlackBerry said it remained the leader in this market with the necessary software and network to secure data for enterprise clients"
Bottom line " We are the leader and you can bet we are improving on it very fast
The deal between IBM and Appl did one thing and that was it validated BBRY enterprise value . On that news smart people should have bought the stock .
Apple said they have been working on enterprise since IOS 2 . All right, just think about it how many years is it and yet they failed and now teaming with IBM and now CNBC is saying that these partnerships do not do any thing .
I added to my position this A.M. By the end of this year the stock will be over $15.00
I am glad this happened . Now Google , MSFT and others will rush for BBRY because they fear any one of them will buy BBRY and once that happens the rest become losers in this field . The analyst said it perfectly that this deal confirms the space has potential . Look for the stock to trade way higher
I agree 100% . Cook said they have been working on it for several years . Tomorrow the street will realize true value of BBRY