Where are the BB Bulls..... this is sound logic which is why the down side has still 50% to run......under $5 by years end as tax loss selling pushes this down even further. A company that use to have 10 Billion in the bank is now taking out loans after taking 3 years to launch BB10 is not where you want to be!! More losses and writedowns to come!!!!
The simplest logic for blackberry is this................ Is it COOL to own a Blackberry? When is the last time someone pulled out their Blackberry and said "LOOK AT THIS COOL PHONE?"..... the answer is not in the last 5 years. They are SOOOO far behind Apple and Samsung it's really beyond imagination as they were the market leader once upon a time. Redesigns will not fix the issue now as Apple and Samsung are pumping so much money into R&D that their 6 month upgrade cycles are now making BB phones more archaic with each passing minute. They tried to sell the company and no one wants to buy them because they all know that without a 10 Billion dollar war chest for R&D and extensive redesign of the software, phones, apps, etc going forward they are dead money. You also have to remember that the current generation of users that are now 10 years old and up are now growing up using Apple and Samsung insignitated products so the brand power and recognition will only grow stronger as this generation grows up......NO ONE WANTS A BLACKBERRY AND IT ISN'T COOL -- this is what you need to fix. Image is everything in technology and the BB has loss the image battle which makes it dead money!!!!
Do the research when in history has the credit for buying a car been this loose??? 0% for 84 months??? And if the economy turns and people lose their jobs and you sold 15 million cars that now no one can afford?? This is another QE loose money nightmare!!!
Use your brains people all the cars sold are on expanded credit.....When the economy was actually healthy you had to pay 3% on auto loans due to the demand and the cost of money. The roles are now reversed where they are trying to push as many cars out as possible by offering no down payment, 0% interest for 84 months!!!! How can you let consumers finance a car for 7 years at 0%??? If you can't sell cars in this environment you never will. Only problem is that they are stealing from future growth as the jobs are now starting to drop like flies due to deflationary pressures abound.
LOL.....The is the Freddie Mac moment where you buy more when it drops 50%. And hold for 2 years. All part of the process of wiping out Mobclix and all their debt!!! Shares will still trade over the counter.
JMO. Someone wants this sotck lower and it usually happens no matter what they announce.
LOL.... The fact that your here bashing a 0.10 stock with a 10 million dollar market cap means that it's a buy. So much negativity means to jump in!!!
Use your brain how can this go lower than a 14 million market cap. Do you really think this is going to $0.03 because of tax loss season. Everyone that wanted to sell already sold. If Velti had no upside why would blackstone buy its debt and take some of their operations? for laughs and giggles? They obviously see a turnaround potential for the company or they would not be involved.
And on a side note the involvement of Blackstone is a win win. The fact that they are part of Velti means that they saw value in rescuing the company and in it's technology. The fact that they will run parts of Velti and make it proiftable going forward is good for the VELTI brand!!!!
Non-bankruptcy will be announced -- it's got a market cap of 14 million. If they announce that they are operating as normal and give the street guidance into 2014 the stock immediately doubles!!! Last Q they announced 31.2 million dollars in revenue -- so the fact the they can cut Mobclix and reduce debt as announced will be very favorable going forward.
It's Wallstreet bud they bring them down and them raise them back up. They don't care about us cronies. They we're shorting this at $5 and will now jump on the opposite side and go long the stock bud and push it up to resistance at $1. My best guess is spike to 0.50 before 2013 and will push it back to $1 after next Q.
The new CEO already told you that this is a 2 year turn around story so bascially you are stuck at the winding down unprofitable business period where they are going to announce monstrous losses and writedowns which will cut the stock in half in terms of valuation. They are pulling the phones in the UK and the US so sales will be abysmal and handset liquidation for this Q will be huge again. Buy this stock next October possibly for a bounce.
Yes because Sony is starting to gain market share!!!! Especially in Asia....... IOS7 is Junk and alienating old customers which will be Apple's downfall going forward. I'm expecting a horrible Christmas for Apple; watch next Q numbers.......negative growth trends will emerge.
Xperia market share gain is not being priced in, they are poised to move into third place behind Apple and Samsung as they are growing market share espcially in asia. PS4 is a homerun as well; I tried to buy one and can't; people are selling their units for $550 to $800 on Ebay which reflects the true demand by the public. Pre-orders are over subscribed and you can't even buy them anymore. Also the film business will turn in 2014 with the launch of Spiderman 2!!!! Tons of catalyst going forward. TV and camera business is stabilized at worst and won't continue to bleed in 2014.
No it's closing at $516 and tomorrow it will open at $500 after they announce IOS7 is the wave of the future. IOS7 is SOOOOOOO BADDDDDDD and this is the future of Apple??? How do you #$%$ off 75% of your old customers??? Launch IOS7 of course!!!!! If I were to type this on my Iphone 4 I would still be waiting for the words to show up!!!!
The fact that the Iphone 3 and 4's are now slow as mollases will not drive anyone to upgrade just long lines at the Apple store asking the blue shirts #$%$ happened to my Iphone!!!! Blue shirt tells me you'll have to upgrade ..... I just bought my phone year and a half ago...... OH??? Take the Iphone 4 and stick it up your.......