Should be going back down to 70 or so, but instead it creeps higher - allegedly undetected but anyone who watches paint dry can see this is creeping higher - Ackman has a huge position in here and some big institution bought a lot of calls of the March 80 expiration - so it may be a speculative play or they know it is heavily shorted and people can't get out of their shorts - and so they will drive it up and keep driving it up - watch this carefully. Of note, there is also a large play on the put side but in April.
I think we have reached the point of saturation in ground breaking smart phones, but what BB10 does offer is an upgrade to the 79 million, and a contract value that is more competitive or as competitive than other smart phones, while it may not have as many apps right now, that is irrelevant, because that will come in time, and the truth is that most of us use about 3-5 apps per day and that's it regardless of the number available to us. So, it just should not even being considered a metric. To that point, I think 13 is buy. With regard to a launch and not including the U.S., I think that is irrelevant. This is a world interdependent economy now, and the real metric is how many people worldwide switch over NOT if U.S. is a late launch or it does not sell well in the U.S. then it is doomed - that's not accurate. Apple is no longer selling well in China - so there you go - RIMM (BBRY) may - there are a lot of variables that gets blackberry back into the game - how they strategically play it now will be the difference of a 30 dollar stock vs. a 10. In the interim, in the wait and see trial, it should trade sideways from 13-18 in the next six months.
Factor in most of the loyal 79 million subscribers who will upgrade, then factor in the new people who will utilize it IF it offers a better "contract" value with carriers than the Galaxy or any Apple. The truth is that everyone can talk about the Apps in every phone, but most people use maybe 10 apps at best while 1,000,000 apps may be available to them. Its ridiculous - I mean how many people have cable TV today and yet still they watch only 5 - 10 channels - the rest are there because they are there - when they figure out their pricing model, and under cut the competition, I think you can easily see a short squeeze back up to 20 - I do not see this going below 13 in the short term. As far as a U.S. launch, who cares, when the world starts realizing that the U.S. is not the center of the world any longer, then analysts will be like -- umm, we should evaluate this based on number of people with smartphones in the world that can utilize them vs. those who do not - not what the U.S. does - just pathetic, these analysts - anyhow, my view is 13 is a buy and then you see how it plays out over the next six months -
This was a sell on the news event but for how it can be utilized will not be known in the US til early March - til then I expect this to steady around 13 - if it bombs in the US then it will go further down - if it finds new buyers then it should surpass 15 back to 20 or so .
Buy signal is here.
no one else falling for this - but in order to sucker more in - expect a move back down around 10 to 15 points and finish around 150 - then move back up to 190 in the next few weeks.
this is sort of a gift today - for those who want in at few $$ less, with sales navigator, their new product, Linked In, is getting better and better at bringing revenue into the company. I tried it out, and its fantastic. You can also put up company pages and ask people for recommendations - link it all together and you have some very powerful ways to get people to talk about your company.
no question - this is to scare investors out of the stock - they have an amazing product lined up - and this is more of a necessity to own apple products - great time to get in any time its under 530. like today -
David Boies, pretty much the premier corporate and govt lawyer hired to represent Herbal life in this -- Boies would have not taken the case if he did not think there was a case. He's very ethical. Ackman and Einhorn picked the wrong company and the wrong CEO to screw with. Let's see who goes to prison first - Johnson or Einhorn and Ackman first.
ckman added 360,200 shares of J.C. Penney at an average price of $38. Ackman initiated the position in the third quarter 2010 with 15,711,994 shares at an average price of $23. At the end of the first quarter he owned a total of 39,075,771 shares , or 17.9 percent of the company.
by other forms of communications - emails, texts, instant message, other lieutenants on their team. Code. This is so obvious. With a more than 2 billion net worth, Ackman can do what he wants, how he wants, and get away with it all without repercussion. Will he? Well who knows, but what we do know is that he did not tell the truth about his relationship with Einhorn.
well, they prefer you to be a distributor but if you really do not want to be one, you can still get the products without being a distributor - you are just not offered the wholesale discount of 25%
Oh, no takers? No SEC investigation into their investigatory and predatory practices? Funny.
its a total game -- Ackman was so bad in his decision making of JCP that he went after low hanging fruit and needed to put as much money to short it and then some to make up for the lost investment in JCP - this is so obvious. JCP may go further down...at JCP, Ackman authorized to give away products for FREE to grow sales and lure people in to then buy other things that they do not need. It takes a snake to know a snake and Ackman needs HLF to fall further this week - but if it does not, he will cover in my opinion to book his profits.
you can go the route of Not being a distributor and just buying what you like - whether it is an energy drink - or what have you - somehow this was not pointed out in Ackman's presentation. He makes it sound that they studied the company a long time in 7 years -- Ackman has crossed new territory in what he has done. He needs to be held accountable.
with a billion dollar buy back permitted and ready to fire at any time, Ackman is aware of this, so between him buying back his 40% gain, and the potential for it to go back to 40 in two days, with an aggressive buy back program - shorting now becomes far more dangerous.
well, maybe the using as little of the billion re-purchase line - but a billion investment would probably at least stable the stock around 25-30 for now.....probably why no one is shorting with conviction any longer.