Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
BBRY strong? wait till it gets close to $10.. all the stop orders will get triggered.. It'll he exciting!
That's part of the penny stock business. These companies print stock all day long in order to compensate themselves. And buyers out there create a path of liquidity for them Take a look at VENAF (VEM.TO) financials, its hilarious. The company CEO pays himself 400K a year, however, the company generates zero in revenue. The company prints worthless paper and sales tons of it to the public. As traders, you can benefit of the waves of the pump and dump but never get caught holding the bag. It's game over at that point.. Been trading now for about 20+ years and pretty much seen it all. If you have any questions. email mytypeofstocks@gmail.com
Hey, Did you receive my reply email to you?
I covered some of my short position on Friday. Great profit! The rest of my short I plan to ride all the way down.
oh this company has a few more pumps and dumps ahead lol
Strong support? this stock is for SALE!
You may get a buck or two but I would not hold this for long.. Many Institutions took big positions. I'm sure many of those trading desks will be unloading once those sell stops get triggered around 10
The many rips you're seeing on the upside are short covering (it does have a huge short interest) and of course longs are averaging down. I do not see this as a long unless you're scalping pennies -you do have great volatility right now. The company needs to hit the market with major game changing products to have a chance.
The CEO was to embarrassed to mention how many units sold. Even better they scratched plans to upgrade their malfunction tablet. On top of that the CEO emphasizes on the CORE (BlackBerry refers to its Cost Optimization and Efficiency) program. Bottom line, that none of you longs can't understand. the brand is severely damaged. Consumer sentiment is very low. The kiss of death will be Q2. Analyst at Morgan lowered expectations to 2 cents - obviously she was way off. I wonder what her dump ass prediction for Q2 is going to be. BBRYQ COMING SOON. I AM STAYING SHORT!!! 20 years of trading and counting. Any one want to reach out to me email me at mytypeofstocks@gmail.com Cheers to my fellow shorts!
Hello Kelvin, Hope you're enjoying your breakfast this morning. All the info you posted on shorting, you should put it to good use. I am making lots of $$$$ on BBRY.
good, i'll short it right to you
50% of what? Hope you're short. $5 by xmas and the way it looks - could be sooner.
Should I cover? LOL well, I did cover 4000 shares premarket. On the rest, I'll ride this pig to $5.00
BB reports first-quarter loss of $0.16 per share. Estimate was for a profit of $0.08 per share LMFO. Love the CEO comments
Great Article by Tony Bradley of Forbes
BlackBerry unveiled a variety of announcements at its recent BlackBerry Live conference. The one that’s getting the most attention, though, is the announcement that the popular BlackBerry Messenger (BBM) service will soon be available for iOS and Android. The move is intended to allow BlackBerry to extend its reach and regain some of its lost relevance, but what it really does is make it easier for businesses to transition smoothly to rival mobile platforms.
BlackBerry has plummeted precipitously from its once-lofty perch atop the smartphone market. It let hubris cloud its judgment–assuming the dominance of the BlackBerry brand was simply unassailable by upstarts like iOS and Android. That obviously proved false, and now BlackBerry finds itself in (a very distant) fourth place after falling behind even the struggling Windows Phone platform.
BlackBerry has only survived complete extinction because companies and government agencies had already invested heavily in the BlackBerry ecosystem. Businesses rely on the existing BlackBerry servers and services, which makes it difficult to just switch to iOS or Android. Organizations are still making the switch. It’s just more complicated, and requires more consideration and commitment as a function of how deeply BlackBerry is integrated into the environment.
Until now, that is.
The ship has sailed
Thorsten Heins, CEO of BlackBerry, said, “We are confident that the time is right for BlackBerry Messenger to become an independent, multiplatform service.”
He’s wrong.
The time was right about three years ago. BlackBerry was losing market share, but still had enough respect and credibility to command attention. BlackBerry Messenger was a leading messaging service, and a hallmark of the BlackBerry brand. Had BlackBerry (still RIM at the time) made BBM cross-platform then, it may have caught on as the de facto messaging service. Now, it has to compete with WhatsApp, and Facebook Messenger, and Google+ and a variety of other cross-platform messaging services that have far more users than BBM.
BEVERLY HILLS, CA - MARCH 22: The new BlackBerry Z10 smartphone is displayed at an AT&T store after it went on sale in the U.S. on March 22, 2013 in Beverly Hills, California. BlackBerry made a major shift in design by swapping its signature keyboard for a full touch-screen. The company is expected to launch its Q10 smartphone in the spring, incorporating both a touch-screen and keyboard. (Image credit: Getty Images via @daylife)
Back from the brink
The launch of the BlackBerry 10 (BB10) platform, and the BlackBerry Z10 smartphones have bee instrumental in the success of the company this year. While it’s easy to get excited about the initial popularity of the BlackBerry Z10, though, the spike in demand was primarily pent up demand from existing BlackBerry customers. Organizations and users locked in to BlackBerry watched the world pass them by and drooled enviously over iPhones and Android smartphones for years. The Z10 finally lets them experience some of those same features and capabilities, and uses were anxious to jump on the new BlackBerry smartphone.
The bad news for BlackBerry is that the popularity of the Z10 among existing BlackBerry customers won’t increase BlackBerry market share among the smartphone competition. Given a choice between an iPhone, an Android smartphone, and a BlackBerry Z10, very few (if any) people will opt for the BlackBerry. Once the initial wave of demand subsides, there won’t be anyone left to buy BlackBerry smartphones, and BlackBerry will be back at square one looking at the brink of collapse.
Stemming the tide
If Heins is hoping that a cross-platform BBM will attract customers to BlackBerry, he’s wrong again. At best, offering BBM on iOS and Android will help BlackBerry hang on a little longer with existing customers, but nobody is going to switch to BlackBerry as a result of BBM being offered on iOS and Android.
Essentially, BBM for iOS and Android is a tacit admission from BlackBerry that it recognizes its dominance is dead, and that the world has become irreversibly cross-platform. Organizations are embracing the BYOD (bring your own device) revolution and letting users choose their own smartphones and other devices. At this point, if BlackBerry didn’t start to make things like BBM work cross-platform, it would simply alienate customers, and marginalize the BlackBerry platform even further.
Coupled with the fact that BlackBerry already incorporated iOS and Android device management capabilities into BlackBerry Enterprise Server (BES), BlackBerry is giving its customers the tools they need to adopt BYOD and operate in the cross-platform world. Customers should be pleased, because BlackBerry is enabling them to leverage their existing investment in the BlackBerry ecosystem to work with and manage rival mobile platforms.
Ultimately, though, BlackBerry is oiling the tracks and making it easier for customers to transition completely off of BlackBerry mobile devices. Instead of ripping off the Band-aid and abandoning the investment in BlackBerry, companies can migrate at a more leisurely pace by attrition. BlackBerry doesn’t have a compelling offer, and it has lost the value propositions that make it unique. It will continue to lose relevance and market share despite–or in part because of–making BBM available for iOS and Android.
Price of the stock is already adjusted to the news. Latest info on the Z10 sales have been awful in the US, however, decent everywhere else. In addition, I've heard enterprise system is having problems. Their plan to use the enterprise system in order to leverage bb sales, won't work
Love watching this pig sell off!
covered half of my short from 14.98 this morning and took a nice profit $)
Did you buy my shares short this morning? LOL
I got off another few 1000 shares short on the open.. waiting for it to cracks 14. :)
lets be real. do you honestly believe apple and samsung customers are going dump their phones for a blackberry? Like I've said, two years to late. apple and especially samsung are launching major game changing devices. Keyboard is the wow factor? please! I totally understand what bbry is doing but they wont go everywhere with it. Again, we are short all the way to the pinksheets.
I found they generate zero in sales.. It's a shame, wish it was a real company. Only way the company owner makes any kind of income is by issuing stock to the penny promoters and dumping it.. One thing is for sure, you'll see some news come out from the company at some point. You'll have a chance to ride the wave but don't get caught holding the bag on the way down..
Rally to the news and then short some more.. BBRY hailmary will fall short :)
I have a better chance of success, if I produced a line of rotary phones, than this company succeeding with their phones.
No, I've made tons of cents shorting this overvalued company. YES $5 A SHARE BY XMAS!
fb should have purchased them two years.
this stock will be $5 at some point this year
When was the last time LUSI has filed? I gather the only thing of value for them is a stock symbol.
Does this company even manufacture and/or distribute those food products listed on their website?
i was thinking of buying shares. Is this company even real?