Yeah there is really no reason for this stock to be trading below book value.
You won't here that from my corner.
What you will hear is me calling you a moron for being short on the stock.
k, I'll be interested to see if I'm right.
Most companies when they beat by $0.50 the stock goes up....
But not BBRY because the shorts are selling millions of shares that they don't own in anticipation of the price dropping. But Institutional shareholders and retail longs aren't selling and that is why short interest continues to rise.
The truth of the matter is the ice is going to crack one way or another.
Either Blackberry does fail and all the shorts win, or they will be covering into the moon.
After today, the latter is more plausible.
even your comebacks are pathetic.
go fist your mother
I've bought and sold this stock more times than you can shake a stick at.
Only once was is for less than I bought it for. and it was 100 shares at $60
I #$%$ 6 grand...
Yeah, 2.9 billion in Cash....
The short thesis is over.
They are in big big big trouble.
Dude. It's unprecedented to have a company this large. With nearly 50% of it's market cap in Cash, with no debt being shorted so much to the extent of over 30% of the float.
Find me another example.
Until short interest comes out sometime in April and the number of shares short rises to 175 million or something stupid.