BlackBerry Limited (BB)

[TheFinalCD]

$BB RADAR))))) 50ma 2.74

Yuge disparity between the float$$KOSS 5m
vs$BB 579M pic.twitter.com/RYxJPwIMiA

— THE FINAL COUNTDOWN (@READY_2_PROFIT) July 5, 2024

[Nelson2]

Well, she’s holding at .4 cents….so far

GLTA

[Nelson2]

Up .5 cents premarket
Telling if it holds until close

GLTA

[Sideem]

It trades in its own strange rhythm. lol

[Nelson2]

Up & down we go
One of the craziest days for this stock that I can remember. Appears lack of conviction either way

GLTA

[Nelson2]

Not so much. :(

GLTA

[Sideem]

Yes I am glad to see it holding the price jump. I'm looking forward to the months ahead now. GLTA!!!

[Nelson2]

Appreciate that mate
The good news now is it held the jump in PPS
Years past it would tend to recede bag to some degree
Perhaps we now have a floor

GLTA

[looking 4 a win]

I’m glad you’re here Nelson, I enjoy your posts. I’m wayyy long on this and trying to add when I can.

[Nelson2]

All I want to see - progress

The Waterloo-based company's quarterly revenue stood at $144 million, beating analysts' average estimate of $134.1 million, according to LSEG data.
The company reported an adjusted net loss of 3 cents per share for the quarter ended May 31, compared with analysts' average estimate of a loss of 4 cents.

[Sideem]

Also I guess IOT and Cybersecurity are officially split even if there wasn't a formal announcement of its completion. That was one of John G's short-term goals.

[Sideem]

Maybe not at all! And I didn't realize full fiscal year 2025 ends on February 28, 2025. So they're talking that much in revenue in less than 8 months. Amazing!

[Nelson2]

Sideem. It’s been you and me my friend
Maybe we’re not crazy!

GLTU!

[Sideem]

Yup: https://www.prnewswire.com/news-releases/blackberry-reports-first-quarter-fiscal-year-2025-results-302183737.html

Omg loving the projected Revenue by end of year 2025. From $136 - $144 million during 2025 to $586 - $616 million

[Sideem]

Maybe some good news in AfterHours...one second stock was at $2.15 now it's at $2.31 and looks like chart shows it briefly touching over $2.40. As of 5:32 PM EST.

[Nelson2]

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company's software powers over 235M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy, and is a leader in the areas of endpoint security management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

[Nelson2]

Help me understand
$853 million in 2024 revenues. They are in 237 million vehicles
If you assume just $1 in revenue from each vehicle?! And that’s just QNX?

12 hours. Tick, tick, tick……..

GLTA

[Sideem]

Not the worst loss but fingers crossed they exceed expectations and actually have a .3. to 4. cent gain. Tick tock indeed.

[Nelson2]

24 hours. Tick, tick, tick………….

GLTA

P.S. Analysts are saying from .3 to .4 cents loss

[Nelson2]

I can’t tell you how many quarters waiting for good news that I always thought was coming
Bought another 1,00 shares at $2.23 today
Married to this stock. I could understand if it was over a crazy woman but the sex was off the charts. But…..so far no happy ending. :(

GLTA

[Sideem]

Hoping some positive news comes out of their Annual Meeting tomorrow.

[Nelson2]

Actually a 2 years ago when the meme kids ran it up to $22!

GLTA

[TRUSTUNITS1000000]

Had a great 👍 run decades ago

[looking 4 a win]

Very interesting

[Sideem]

Wish I knew but interesting Reddit post on top holders of BB. An outfit called Grace Partners owns over 55 million shares and it looks like according to the screenshot shared on the Reddit board, almost half of that amount (19 million) was purchased in recent days.

https://www.reddit.com/r/BB_Stock/comments/1dez4wv/top_blackberry_shareholders/
https://www.reddit.com/r/BB_Stock/comments/1dfmm5l/should_we_talk_about_grace_partners_of_dupage/

Also I want to believe this will happen but I'm not so sure these days:
https://www.reddit.com/r/BB_Stock/comments/1cskrhn/upvote_if_you_are_not_selling_bb_until_100/

But for better or worse, I'm still holding. Sounds like a marriage...LOL.

[Nelson2]

Anyone know why the high volume today and drop in price?
F—-!

GLTA

[Sideem]

At least the price is a little up today.

[Nelson2]

I believe I was in error. It is just the one woman

GLTA

[Nelson2]

I think lawsuit headline update in the news may be part of this dip. Now it’s referencing more than one woman
F—-!
Normally I would get out of a stock with this black cloud
Over it’s head. But I’m married to this one. I can only hope it just takes a little counseling and doesn’t end in an expensive divorce. Against my better judgement staying the course

GLTA

[db]

RoarKitty will be live streaming today and affected retailers should listen in.

2:25 PM EDT, June 06, 2024 (Benzinga Newswire)

Several meme stocks including AMC Entertainment Inc (NYSE:AMC), Koss Corp (NASDAQ:KOSS), BlackBerry Ltd (NYSE:BB) and Newegg Commerce Inc (NASDAQ:NEGG) are trading higher Thursday following a swift surge in GameStop Corp (NYSE:GME) stock. Here’s what you need to know.

What To Know: GameStop shares are soaring Thursday afternoon after Keith Gill, better known as “Roaring Kitty,” scheduled a YouTube livestream for Friday at 12 p.m. ET.

[stockanalyze]

can someone help with investment thesis here? what is to look for? watch out for? pros and cons?

[Sideem]

Good volume at least.

[Nelson2]

Don’t look now Sideem but I think the kids are back

GLTA

[Sideem]

The Meme crowd disappointed this time...LOL

[Nelson2]

Come on meme kids!
Let’s goooooo!!!

GLTA

[FlyingDutchman]

.

[FlyingDutchman]

MBIO

[looking 4 a win]

Agree

[Sideem]

Added more to my position as well at $2.93. They are slated to be profitable by Q1 2025. That's not too far off the horizon now.

[joyceschoice]

Added to my position at 2.96. Worth waiting for the turn back up here. Also have a couple of lower stink bids gtc. GLTA

[Nelson2]

In step with Gamestop
Meme takeover about done

GLTA

[usaphilippines]

Blackberry is the biggest piece of shit on the market. Lets see 2.70s so we can reload.

TURD

[usaphilippines]

Classic blackberry, they are taking it down to 2.96

[Nelson2]

Looking at the bright side we were at $3 before the kids acted up

GLTA

[Sideem]

That was short-lived...Uggh. Oh well.

[db]

It’s part of the process for companies to issues shares, it’s why they trade publicly. It’s okay for dedicated investors to buy Shaun companies they believe in but if you are trading and hold too long you are “donating to their cause”.

GLTA

[Nelson2]

I took some yesterday. Thank you
BB up premarket Gamestop down right now?

GLTA

[usaphilippines]

Burn you POS so I can get back in at 2.96

[usaphilippines]

Set your buy orders for 2.96 these crooks will whack it down. Its why I wont hold BB long term only flip. Its an atm with flipping. They will beat this down to $3 soon IMO

[usaphilippines]

Yes flip blackberry the criminal wall street shmucks will inevitably bid whack and short this down to $3 soon, at minimum $3.20 range

I will load again in $2.90s -3.05 area