Revenue or Profit. If just revenue I choose BBRY...now turning a profit is a whole other discussion.
If this indeed the bottom and real organic growth is coming from BBRY...lookout: wall street loves growth and will pay up for it. However plenty of cases can be made that this company will continue to lose to the likes of Google Apple and yes even big softy. Notice some copying from google in their new OS.
GoPro will become a niche market before you know, BBRY has a better chance at succeeding with multiple revenue streams in the works.
Strong buy for now until something else changes. WS will also pay for optimism.
Sentiment: Strong Buy
Be patient. It's all good. Just shaking out weak hands.
I admit I am a little bummed I didn't drop out of my remaining share when it crossed $16.
This is fun to trade around a core position. We are very close to reversing the long term down trend.
I am little worried we will test $10 area one more time...hopefully not...if we do. I will be loading up as many shares as I can.
Successful post...Got people asking questions.
Why would they buy a phone company...it is not about the phones.
It is about the Intellectual Property, the access to DOD, other enterprises.
It is about the security.
I am wrong a lot and this will be no different...
It makes no sense for the likes of CSCO, IBM, ORCL, HPQ they already have enterprise access.
Imagine BBRY hardware running a modified Facebook OS/QNX, with a 500 million plus user base.
I am in dream land no doubt...but while I am there it might as well be outlandish.
Makes a little sense for FB to acquire a large secure enterprise presence.
A 94B valuation for FB? Seriously. Use it now before you loose some of it.
Cash and Stock offer to buy out markets to expand into.
FB already has plenty of users, probably topped out there...how else can they expand their empire. Enterprise. Many companies including the one I work for block FB because of security and time wasting issues.
Just saying Just my opinoin...it is only a rumor.
Facebook will be using their lofty valuation to buy up some undervalued assets. While some will argue BBRY patents are not worth much...FB has very few mobile phone patents in their war chest.
400 million shares traded in the last eight trading sessions.
This acquisition would give facebook direct access to DOD because of BBRY's enterprise business.
Gives Facebook better encryption methods.
Again just a rumor. JMO
Take out above $22/shr
In the scenario i eluded to Watsa is not the buyer. Therefore he will want to make money on his position. It will be difficult to take or buy the company without his approval/shares.
Above $22 is the number. Be patient. As a legacy bag-holder I am accustomed to waiting.
If and when a deal comes Watsa will want to make his cut.. After all he is in the business to make money. Not break even. I do not see an offer below a 30% premium to his average PPS $17. ~22.10 gives him that 30% premium.
Currently experiencing a consolidation of PPS. If we can get thru 13.50+ level this name should break out. Not likely to happen today. Although anything is possible with the level of short interest in this name.
Should find some shorts covering in that break out area...
Hold accumulate JMO
Will be holding till this gets closer to $20...Should be the next (big) resistance.
Got one right.