Heh. Actually in that math equation he used they were regarded as "safe"
I wouldn't count on tax refunds as Cash. It's reasonable to assume that they'll be able to maintain $2.6 billion.
They'll maybe brag about it's size.
The cool factor will die off. Nobody brags about how "cool" their TV is anymore.
With cynical #$%$ like you around its a wonder anything grows.
It's not though. A Blackberry phone can do everything an iPhone and an Android can.
You're propagating a myth.
Actually I looked again because Yahoo is a sketchy source. its $2.569 Billion including long trem investments
That $1.4 Billion dollar loss last quarter was a write down of Z10 inventory. So one would assume that any z10 sales after that quarter will be from previous inventory and have a 100% margin. I'm expecting Blackberry to post a profit, just because of an accounting trick.
Hindsight is always 20/20
You're only as good as your last trade
I made money being long on Blackberry last year. I told you a 1,000 times I bought at $9 and sold at $18.
I'm smart. I know what I'm doing. I have patience.
I'm not over exposed. I have 75% of my protfolio in Cash right now.
Because I see the market making a downturn. Probably in February with the debachery which is the US budget.
I can afford to see blackberry go to zero. But I can't afford to see it go back to $15 without being long.
So please just let me trade the way I want to trade.