another extra 125M from dispute - will add to rally today.
just wait for the 1.5B settlement from Aveya! same legal arguments as the Qualcomm suit.
short covering is in a full swing -this is the only reason why BBRy is still in $11s. There a couple of possible scenrious within next 4 weeks 1. the stock will be swinging in 10.8-11.7 range, then earnings and guidance will bring it $2-3 up until next portion of news. 2. the stock will be taken to $13-14 BEFORE earning announcement and then upon releasing news it will be fast or gradually brought down to 11-12 again with no respect what was announced. As for me it does not matter which scenario will be chosen: sooner or later BBRY will hit 30-35 and then a buyout in low 40s finishes this investment.
Was just wondering if someone with more knowledge can give their opinion on why we are heading down after high premarket and opening?
Nice piece of change to be added in the BBRY"s pockets. More to come from other sources. Improving business model and ensuing press should all help new funds to add and initiate positions and old time shorts to cover and go long.
Should have another step in the rally of the price. The settlement more than covers LT Debt, ST obligations and Cash needs during the turnaround. Blackberry, like Sybase, has some very interesting software and security solutions in the hot mobility space. Chen now has breathing room and the market knowledge to take the company into the hot, high growth segments. With SAP, he has endless funds for market research to understand the roadmap of technology for the next 8 years. Chen and Blackberry will be a successful turnaround. The stock should step and then start exponentially growing in 36 months.
QNX is the best man made software ever produced, period. With IoT plus security threat increases world-wide, it is a no-brainer: this stock is going to $100 very soon. At least, Trump removed any fear in businesses for the years to come so there will be no turbulence induced by fear. BB is a winner this and next year.
So getting 940MIL today was somehow bad news to plummet the stock from 11.50 to 11.08. absolute manipulation going on. market isn't even down. only blackberry
Should take it back today what it lost (-0.21$) yesterday, plus a nice gain today. Good luck!
This is an old settlement (previously announced) is it not?
the announcement adds 2.4% value directly to the stock... I'm surprised we see any red today on this...
We'll get a nice POP today. Buckle up. Good luck!
The news is great but overall expected. MM will stock the shelves very efficiently, there has already been great progress and far more to follow. Stay long and strong.
Volume really died today after the last few days... people must be digesting this awesome move the last 2 months
Short interest in BlackBerry has been declining while its shares have been rallying.The mismatch in trends suggests that market participants aren't betting on its stock to correct.Rally in BlackBerry
close around 11.9-12 by end of Friday would be nice week.
These words or phrases (downgrade, missed, gloomy, cloudy, spo, r/s, below guidance) are very disastrous in stock market. Once an investor saw these words in news article, they don't even bother to read the whole article- they will panic sell their shares. What a hyck!
This frkn Vetr Crowd issued Strong Buy on BBRY 3 months ago while the stock wasn't that bullish yet back then, and now it became more bullish he downgraded it to Buy. Very fvckyn inconsistent!
A New York bankruptcy judge cracked open telecom giant Avaya Inc.’s Chapter 11 litigation shield Tuesday, allowing a pair of defense motions to move forward in BlackBerry Corp.'s patent infringement suit against the company.