The work done by investment bank was for Samsung and leaked before any offer could be made...so of course they can deny it. But Samsung confirmed talks of deeper partnership...at the least....now they must race to get some type of deal in place before inviting other bidders to compete....Evercore is for real...the report is real...sources of the paper have proven to be on point in the past when blackberry replaced executives and made changes, Don't forget Lenovo tried to buy company in 2013 but was blocked due to security concerns...now they show up in report again to take a minority stake in competition with Samsung..with 100 million shares short and some type of deal minority share, partnership, buy-out in the works right now...this stock has limited downside (Look at report for guidance on performance) so stock is going up no matter what for long-term investors and short term speculators could see $5 to $6 premium overnight any day now on any formal announcement.
but this is for real and the sources are credible ...read the writing on the wall and be rewarded...stock is in play!
They already denied it...how can a second denial be effective? It can't...they said haven't discussed offer because it wasn't made yet....but company in play now
They denied buyout had been discussed but confirmed interest in "deeper partnership"...everything is for sale for the right price...expect announcement in coming weeks and BBRY to go for $8 billion range or higher
and capex is increasing on the back of debt...I'm taking profits guys...glta
As described in my earlier posts, we bottomed out in the $45 to $46 range filling the six month gap...we are in range today clearing out large put and call positions...with large short position and what should be great earning in a few weeks...GoPro should run back into the high 50s to low 60s by earnings date
Agree,, as I posted this morning, it should fill 6 month gap around $45 to $46 and be volatile today with options expiring...looks like they helped out the puts and shorts early may close in the $47.50 to $49 range...maybe even $50...that way both the puts and calls clear out in that range and the short covering will kick in toward earnings release!
can unwind positions and cover...will be volatile day but will close around $45
It was provided in the company's comments on guidance within the last Q-3 report shortie...go do some real due diligence
agree best buy didn't help and spoked investors but low sell volume. all my high flyers with big profits took major haircut today
Where do you find such schedule of cramer's upcoming interviews?