BlackBerry Limited (BB)

[Nelson2]

Don’t think so
Still think triple witching
41 million share volume when average is 9 million
We will know Monday if I stole the shares or if they stick it up my brown eye - again!

GLTA

[looking 4 a win]

Reversal? Earnings?

[Nelson2]

Only had enough cash for (500 shares at $2.85
It’s a STEAL IMHO

GLTA

[Nelson2]

I believe it’s because of the triple witching day
We shall see Monday
Can’t reach anyone in my Brokers office to buy more. Pissed!

GLTA

[usaphilippines]

This is exactly why i flipped my calls, to mitigate risk.
trying to load my calls back but premiums still too high

[Nelson2]

WTF!
Now what’s going on?

GLTA

[Nelson2]

Well my friend. I it’s ok with you, No more blood
Been bleeding here since 2014!

GLTU

[usaphilippines]

lets bleed to 2.80s so we can load more before april earnings. $$$$

[Nelson2]

12% jump on 3X volume

Yea baby!

GLTA

[Nelson2]

Frost & Sullivan Institute Recognizes Companies Making a Positive Impact on Society and Addressing Global Challenges Enlightened Growth Leadership Awards, Driving Change in Sustainability. Enlightened Growth Leadership Awards, Driving Change in Sustainability.

Frost & Sullivan is at the center of an ecosystem of best practice coaching, executive peer support communities, and growth-oriented content that is singularly focused on reshaping the world through managed growth.
With over 1200 experts, growth advisors and visionaries throughout the Americas, Europe, Middle East, and Asia, Frost & Sullivan provides critical solutions to support clients growth strategies.

GLTA

[usaphilippines]

a pop on winning an award I suppose is a huge catalyst lol BB just been held down by wall street. This could be close to $4 next month

[usaphilippines]

Nice action today guys, sold some of my calls for 40% gains. Still skeptical
of why this is running on nothing except news Watsa is a disgruntled baggie.

Could push higher tomorrow, close above $3 a good sign.

Dummies didnt load in the 2.60s and 2.70s but want it in the $3s LOL CLASSIC!!

[Nelson2]

Up you to $3.09 mate!
Feel like we’re in an F35 just taking off from the runway

GLTA

[Sideem]

$3.06 now. Nice!

[Sideem]

We're more than ready. Good luck to us all.

[Nelson2]

Get ready to take a lot more. My Broker has doubted this one since 2014. He has been right——-so far

GLTU

[Sideem]

I'll take it!

[Nelson2]

This, just announced today? If so this must be a prestigious award

“Frost & Sullivan's Company of the Year Award recognizes the market participant that exemplifies visionary innovation, market-leading performance, and unmatched customer care. The accolade recognizes BlackBerry as a "preferred vendor for embedded connected and autonomous vehicle solutions."

[Nelson2]

Anyone know why the jump today?

GLTA

[usaphilippines]

IMO fair valuation here is at least $7-$9 a share if we bottom out here, lowball valuation here is in ghe $5s. If JG can bring this cash flow positive which surely cant be that hard to do with the right strategy, more $ will flood over to BB and put them in a much better position to be bought out. I really think they just need to off it for $7-$9 a share, 20 year lows hand off the wand even if it means the buyer breaks up the company and starts selling off portions. Titanic is an iconic brand too but is at the bottom of the ocean.

Ideally they come out with cash flow positive earnings, the stock jumps, and they announce they are seeking highest bidder. If they can get this to $5 a share its not unrealistic for them to get $10. This is a bullshit market cap and these dipsticks need to keep shareholders out of the dark on the path forward, I think thats soley the reason for the bleed along with a forced selling pressure from wall street so they can buy in cheap with retail owning 50% of the float.

[usaphilippines]

I like billionaires to be shareholders but not when they are sitting on the board, holding heavy bags, that are ready ink a deal better for him and worse for shareholders and peanut valuation. I am here for a swing into earnings with a few common, september, and January calls.

I usually never hold into earnings and sell on the anticipation I just dont see how this will have a massive miss on earnings, look at crowdstrike they had a huge beat. Election year all the democrats can do is rally the stock market, and inject money into the economy because it surely isnt their best suite with high gas prices, wide open border giving illegals free stuff, while Americans live paycheck to paycheck.

If earnings are a massive miss (I highly doubt) I will likely hold through Q2. This is a crazy low market cap and coincidentally beaten down as the market roars upward when retail owns 50% of the float seems suspicious at best. Sure revenues have been declining but they are way worse balance sheets trading at multiple x higher than BB is.

Wall street will pump this soon to $4s and the long term bulls will get bought out after this stupid low market cap comes up when they are in a better position to negotiate, perhaps when the stock is in the $5s with an earnings beat.

Patents alone worth hundreds of millions.

[Nelson2]

Crushed the cockroach! LOL!

“Watsa decided to resign from BlackBerry (BB) in connection with the company's repayment at maturity of its $150 million principal amount convertible debentures held by affiliates of Fairfax Financial (OTCPK:FRFHF), according to the statement. 
Watsa previously saw criticism from a BlackBerry (BB) holder who was concerned that the company could be a potential takeover target for Fairfax at an unfairly low price, according to Dealreporter. 
The latest takeover speculation comes after an August Bloomberg report that Veritas Capital had made overtures toward acquiring the once-iconic device maker.

[Nelson2]

Just another thief getting caught with his hand in the cookie jar
Biting at the bit for our April quarterly report. Been eyeing this one for a loooong time!

GLTA

[usaphilippines]

Watsa seems like a disgruntled bagholder that didnt get his way for not being able to takeover BB at pennies on the dollar so now he throws out a rant to his shareholders about holding hos bags after being forced out by the board. He was forced out IMO.

[Nelson2]

How many chassis units does Max Atlas build? Per their agreement

“BB radar costs between $544-800 per unit, you get a 36 month subscription, after that you must renew, so there are likely repeat customers every 3 years.

[usaphilippines]

Loaded more calls today, done loading until we break out of this downward channel to hold powder in case we dip below 2.55. BB is long due for a pop. Cry later when folks didnt load in the 2s
This will be a $5+ stock later this year when wall street con artists let it run

[usaphilippines]

Rock bottom market cap this is absolutely insane, volume 44% of normal at these rock bottom prices.

[usaphilippines]

Patents alone are worth 3x from these levels, not to mention the iconic brand, etc. Shorts are smoking some top shelf if they think they are taking this down to $2-2.25

A retest of $2.6s not impossible but I think we are going to hit $3 this coming week.

[Nelson2]

And

“With these strategic actions, BlackBerry is on track to reducing operating cash usage significantly, maintaining a favorable net cash position throughout the next fiscal year, and achieving operating cash flow positivity by Q4 FY25.

[Nelson2]

Trust the process

“Following a $200 million convertible debenture debt raise, BlackBerry has significantly reduced its debt by 45% compared to November 2023 and bolstered its long-term liquidity and stability, the WSJ wrote.

[usaphilippines]

Strong possibility of a takeover here, and we can all agree it will be in the $6-$10 range AT LEAST. Blackberry is an iconic brand with patents. I am doubling my position next week if we are still in 2.70s, will avg up.

[usaphilippines]

Big gap to fill in $3.50 range, it will fill. Folks are going to regret sleeping on this stock. Market cap is nothing. Pantents alone are worth several x from these levels.

[Nelson2]

Raise you to $2.90’s mate
Just give us a decent 4th quarter report

GLTA

[usaphilippines]

2.80s on deck, my calls looking great.

[Nelson2]

Heck once we announce we’re profitable we will be in good shape!
4th Qtr report…. let’s go!!!!!

GLTA

[Sideem]

CRM is offering a dividend for the first time ever in their stock. It got me imagining if BB ever gets to the point that they start offering dividends, I'll be sitting pretty.

https://www.barrons.com/livecoverage/salesforce-snowflake-c3ai-earnings-stock-price/card/salesforce-stock-slides-after-earnings-despite-new-dividend-and-a-10-billion-buyback-YVp263SfPtsKJkQzEW9n

[Nelson2]

Refreshing to see posts like this again
Already loaded to the gills. Been here since 2014

GLTU

[usaphilippines]

BB has been shorted to death, its time the bulls push this into $3s then $4s

[usaphilippines]

Load up! Reversal in progress. Should have loaded more at 2.62

[Nelson2]

Nuff said

They're (BB) really in a unique position as QNX really enables the applications that OEMs or third-parties create. And while QNX really is the clear leader here in the vehicle, their software is deployed on over 235 million vehicles on the road today. They work with more than 40 automakers globally. 24 of the 25 top EV automakers are using QNX. Basically all the Tier 1s also use them as well.

GLTA

[Nelson2]

The most positive sign of late is new participants here on IHub. Believe it is representative of an overall market awakening to BB. It’s been a long time coming!
All my greedy being wants is a positive 4th Qtr report.
SIMPLE
It will put us on our way.

GLTA

[9Coastal]

Blackberry. I don't care if you appear to be a buy out candidate. DON'T SELL OUT. Get back in the CELL phone game!! Blow Apple out of the water and make headlines again! Why... Would you not do what made you great? So someone in your company made a big mistake, so get back in the game.. and kudos to your cyber security! This IS STILL a dynamite class act company. They just need to reintroduce a sleek, innovative "I'll show you" line of cell phones and market the heck out of them with some classy high-tech commercials. BB needs to head hunt and partner with some super intelligent Israel tech companies. A business combination, yes, sell out .. NO! DON'T SELL! Don't let FAIRFAX eeeek you out! Stop thinking you need to sell out. Obviously you have something $$$$ moguls want. Think about it. You stay in control BB. Hang in there Blackberry!

[usaphilippines]

Agree, I am leveraging with options, something has to happen with this thing, crazy low beaten down market cap. $4s are coming

[Denisnj]

Too cheap to pass up.

[Sideem]

I keep hoping that Amazon would buy them out but that hasn't happened. At least BB looks to still be in a working relationship with them.

[Nelson2]

BB isn’t disappearing. Period

“This new partnership with SANS marks the first major milestone in BlackBerry's landmark cybersecurity deal with the Government of Malaysia, announced at the APEC Summit in San Francisco in November 2023. In addition to Malaysia's deployment of the full suite of trusted BlackBerry® cybersecurity solutions, BlackBerry is opening its world-class CCoE in the first half of 2024 in an effort to help Malaysia educate, train and upskill cyber professionals and grow the cybersecurity ecosystem.

[usaphilippines]

Good morning. Increasing to 10k shares today if I can get more at 2.64
BB is a solid buyout candidate I dont see why this is trading under $5.

I use ihub and X now because stocktwits bans people off their platform and then you have to message them to get it unlocked, done with ST

[Nelson2]

Welcome mate
Sideem I have been holding the fort until others starting showing up
Thinking your a good sign!

GLTU

[usaphilippines]

Follow the money. Watsa firm holding 47,150,271 shares. Makes up almost 10% of his companies portfolio. Billionaires didnt get their billions by being stupid.

[usaphilippines]

Market cap is piss poor doesnt make much sense with thd markets ripping. Really seems to be intentional wall street shakeout so they can gobble up shares and flush out retail before they let it rip. Retail dont want it now but will be happy to be loading the boat at $3.50, makes no sense.
Load up