Lenovo won't buy anything that has barely had the chance to prove itself.
Lenovo will want to see "proof" that the q10, z10, q5 have gained market traction.
It's better to wait and to pay more for the horse, than to pay less, for something that just got out of the gate.
Even though bbry has over 70 million subscribers, Lenovo will wait before making any offer.
Here is the quote "ITG says that initial cheks have indicated that the Qwerty-equipped Q10 have racked far fewer sales than its touchscreen sibling, the z10, in Blackberry's home country of Canada"
What that statement attempts to state is when comparing the initial sales data of q10 verses z10, that the sales of the z10, are far superior to those of the q10..nothing could be further than the truth.
Any judge will throw out the argument from ITG that the whole world misunderstood what it attempted to communicate in its report.
The purpose of the first sentence is to give readers and potential q10 buyers the perception that the device sales are worse than z10's launch launch sales.
The ITG report attempts to create doubt in the in the mind of the potential q10 buyer.
Since most smartphone buyers do not play the markets, they do to know that this kind of article was designed to manipulate them.
They do not know that billions of dollars are at stake for hedge shorts.
All they know is that somewhere they read that qwerty 10 sales are lower than z10 sales.
If they were thinking of getting a q10 device, now they may have doubt because in their heads they expect qwerty 10 devices to be more popular. So why are the q10 sales down? Maybe something wrong with the devices?
The manipulation attempt is two fold.
It tries to rob bbry of q10 sales by planting a seed of doubt in the head of the potential buyer
and it tries to paint the picture that initial sales of q10 in Canada are less than z10 and by saying this retail investors may revise the earnings umbels and decide not to buy or even sell their bbry shares.
ITG is guilty
Your report filled with lies is a blatant attempt to destroy public trust of the company's brand name.
Blackberry has been encouraged to pass the report to its legal department, the OSC and the SEC.
You are the hired hand of Pacific.
Your report is an attempt to deviate the attention of the SEC from
Looking into possible trade irregularities of your sponsor.
Your report is worth 0 on 10.
You get an F.
Even when you issue a corrected statement in which you disclose
That you made errors, the SEC will conclude that your sponsor benefitted from your article
And thus you could be charged for collusion and sued by blackberry
Content of blog, opinion and its conclusion ....is extremely naive
Who paid for the bloggist to write it?
None of the two will die anytime soon.
What a stupid headline!
If Samsung wanted to do it, they sure have the bank account to sponsor the services of hedge funds capable of orchestrating the greatest smear campaign that this market has ever seen.
Only in America.
No more uptick rules for shorts.
No rules for high frequency traders.
No accountability for journalists.
And a SEC that seems powerless, with no teeth.
If bbry was a Mickey Mouse start up with no sales, no customers, and useless products then bashers would have good reason to trash.
But this is not the case, yet the market makers are trashing it, day after day.
And I predict that , one the day of its earnings, when bbry will publish that it made over 1.20 eps in this quarter, I predict on that day, market makers will continue to trash this share, out of arrogant spite.
Because they have calculated that the fines that they will end up paying will be but a drop of water compared to the billions that they will be able to fleece before they finally get caught.
This company is an amazing company with an extraordinary future.
It will make a ton of money and they will prove it very soon.
But the cards are heavily stacked on the side of fleecers.
Any person who is thinking of buying bbry should wait carefully for next earnings report.
Until then, recent price trend for the share is down.
It has been oversold.
I would wait till the sp stops bleeding.
Since that answer came from alter ego also known as "mr sarcastic", you do not benefit from any scotch, and any hens today, tomorrow and the rest of the month.
In the corner
Don t buy any options .
Write out of the money calls instead
Then if the share crashes by another 20 percent you could buy to close the calls you wrote at a lower price and pocket the difference
You are kidding right?
We are still in a bear trend.
Buying calls is a total waste of money.
Even if you buy deep in the money,
you could be burned because of what hedge funds can do.
They dropped the share by 1.20 last week,
So the value of calls dropped overnight..
There was no bad news.
They killed it by 1.20
They allowed it to climb just a bit
and here we are again.
If anything people, buy shares...and after you bought the shares
write "calls" instead of buying them.
This entire hearing is an embarrassment .
Apple did what it did because of laws that existed at the time.
So what are we going to do now.?
Retroactively tax or fine companies because the administration was incompetent?
We blame companies for government law shortcomings?
We feed off company profits ; use their company situation as a political slingshot
so that we can score points by claiming that "we can reduce the deficit with what we collect?"
Or should I say steal?
A deficit is a deficit?
A deficit means that uncle sam is spending more than what it collects.
Maybe uncle sam should learn to spend less instead of expecting more hand outs from the people.
The magnifying glass, I say should focus on "government overspending" and if anything the elected should be held liable for creating new debt/overspending.
If any western leader would face jail time for over spending, how many countries from the west
would be in debt?
A freaken embarrassment.
An answer for the meredithian mangia-cake.
They go up when buyers believe that even at "market price" the share is underpriced and has room to climb.
I know the mangia-cake knows the answer.
He only asked the question to show people how condescending and arrogant and ill informed he really is.
And share prices go down, when there are more shares being sold at market price than there are bid offers to buy, which then can propel it down as sellers actually lower their price, sometimes lower than the market bid.
The total debt of a company means nothing as the share price is determined by supply of shares being sold and the market's desire to buy it or chase it up.
Recent shares of several solar companies have flared up for no apparent reason.
Almost all have debt and none have profits.
Some are trading over 30 dollars.
For as long as a company pays the interest on its debt, and for as long as eps is improving, and for as long as cash burn is reduced,and sales are going up, and cost of sales is reduced; for as long as margins are improved, then buyers invest on the expectation that a company will become profitable
and the market is a mirror of the sentiment.
Some days buyers are chasing.
Some days sellers are dumping at any price.
Hope that helps you the meredithian mangiacake and all of his students.
Next time if you ask a question do not shout it, or copy a stupid question that I would expect from a supermarket tabloid.
You can do much better than that.
Here have a scotch.
You can do better.
An amazing product and business services income plan.
But the company has yet to side up with "powerful hedge funds"
Profits will jump at a compound rate.
Share should have been at 20 months ago.
All this "ping ponging" as Cramer said.
It looks like this share has become a "wash trade target"
SEC should call him in , drill him on a lie detector test
I suspect he knows
Beware of those stocks.
None are making money
Over exposed to decaf coffee and to lie filled blogs, he sometimes knows not the difference between white and black. His recent post about the DOD is inaccurate and is based on overexposure to bloggists and analysts with deceiptful agendas.
If the content of the article has no links then copy and paste it here instead of the links. I do not like stockhouse is prone to pop ups