Sure, there is ridk but no risk, no reward. Long time proven company, knows how to weather a storm. Not much other opportunities out there that provide this reward ratio. If there is, please let me know. I've been in the Wall Street thing for 40 years. I'm quite comfortable here.
Creates soooo much opportunity. JCP ain't goin' away. Thanks, turdkeys.
If there was a long term chart. Question now is.....when to buy more. Look for signs of capitulation in the next few trading sessions.
All the press coverage on CNBC and HLN has to be worth something, doesn't it? With so many watching it, why aren't we shooting straight up? Don't other people like to make money?
They said the same thing about Google when it foolishly shot past $100. My foe shorted it at work. Then look what happened.
Normally I would take this reply negatively, but, as you can see, the stock has been rising since my original post. Let the light shine.
Expect new longs to be coming in heavy at these levels. This last earnings report should increase phone sales heavy for this quarter. It doesn't get much better than this for phone sales.
It really doesn't matter if you believe the theory or not. Fact is, the phones are selling like hotcakes at these levels.
The EPS miss is good for BBRY in that it will now allow more folks to buy the stock followed by naturally, a phone. The recent lower PPS is only the beginning of what this company has in store.
We'll see when the next sales figures are released. There have been a lot of new BBRY longs coming on board here since the stock's most recent tank. Each new long will buy a phone. You can't tell me this isn't part of the management plan.
Right now it will help get back all of the lost market share. A lower BBRY share price is not always good but at this point it is because it's all about regaining lost market share.
For those that do not yet own any shares, but still buy a new phone, they should provide a certificate for 10 shares of stock to get them started. Remember the slogan, "I'm not only a user...I own the company".
A lower share price is good for BBRY. A lower share price allows more investors to buy the stock. These new investors will then go out and buy a new BBRY phone and hype the product in an attempt to make the share price rise. The increase in sales is good for BBRY. The lower the share price, the higher the sales, which is good for BBRY.