Dealing With The School of Hard Stocks
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And they also have a booth at the upcoming CES 2024 event in Las Vegas. Nice! They're in the top left corner of the Exhibit room.
https://intellias.com/ces-2024-intellias-answers-market-demands-with-new-generation-of-intellikit/
"Chicago, IL – November 14, 2023 – Intellias, a leading software engineering partner to automotive OEMs and solution providers, will showcase its expertise in HMI, digital cockpit, and ADAS integration at CES 2024 in Las Vegas, Las Vegas Congress Center, West Hall, Booth #7075 on January 9-12, 2024. The company will introduce the next generation demonstrator of its Automotive Portable Kit (IntelliKit), which is based on Qualcomm SA8295P 4th generation Snapdragon Automotive Cockpit Platform and integrates Rightware’s Kanzi One HMI kit and Blackberry IVY Connected Vehicle Data Platform."
Happy New Year! Here's to a great 2024.
I agree on the manipulation. I know there are tools out there to try and figure out potential manipulations...I mean directions... stocks may take but I haven't invested the time in being proficient at any of them. As a result I mostly do mutual funds. I do enjoy finding the potential unicorns though hence my investment here.
On the point of keeping costs down, I especially liked that they fully repaid $365 million of their 2020 debentures. I do believe it'll all come together. I am hoping for a great 2025 as well. We just have to get through 2024.
I forgot I had some cash in a retirement account, was able to get 1000 more @3.54. Hopefully it pays off someday. LOL
Cool.
Omg...too funny Nelson. But yeah it definitely looks ripe for the buying. Wish I had extra cash.
LOL I read 'sinks' as 'stinks'. But yeah wish the second part of that sentence was omitted.
Yeah we just have to continue to wait at this point.
Here's hoping Mr. Giamatteo is able to exceed the goals laid out for him. Maybe that'll help the Share Price.
The Cybersecurity revenues for Q3 was the best part from the report.
You know what they say about opinions....LOL.
Yeah I was thinking the same that Q4 outlook was not well received.
Maybe investors didn't like the projections for Q4....looked like Cybersecurity projections are down from Q3 and total revenues would be down at least $20 million. Everything else seemed positive. Will have to reread.
Wednesday is almost here. I'm assuming results will be posted after the close tomorrow.
ETA: Yes confirmed from P.R. it'll be at 5:30 PM. https://ih.advfn.com/stock-market/NYSE/blackberry-BB/stock-news/92743959/blackberry-to-announce-third-quarter-fiscal-year-2
Yes I meant maybe they'll present something together at CES.
BB's in good company at the CES 2024 event, I saw that Amazon Automotive, Kia, and Hyundai Motor Company also have booths as well. Maybe they'll do something together. https://exhibitors.ces.tech/8_0/floorplan/?hallID=NN&selectedBooth=4224
BB's gone up when NASDAQ was down too...it is dancing to the beat of its own drum...LOL.
But I'm hopeful that we're on the right train. Will see what Wednesday brings and of course Q4 next year will be great to see.
Blackberry is officially on the Exhibitor list for the Consumer Technology Assocation's CES event in Vegas 01/09 - 01/12: https://exhibitors.ces.tech/8_0/exhibitor/exhibitor-details.cfm?exhid=0013000001KaMWIAA3
Hope it means good news Wednesday.
Still green skies....
Yeah all about the timing. That is definitely a blessing. Hoping BB will allow me to join you in the M-club. Well technically I'm close with other savings and investments but to achieve it from BB alone. I definitely have boatloads of shares...
My Dad got laid off from there in 1978 so it was before you joined.
Yes I remember one of my first posts on BB was recalling my late Dad's time at Sherwin Williams during their disaster years. I do agree that Chen got things started and I'm hoping Giamatteo can take it to the finish line.
Interesting 8-K: https://ih.advfn.com/stock-market/NYSE/blackberry-BB/stock-news/92791068/form-8-k-current-report
Some items regarding agreement with new CEO John Giamatteo:
1) Annual salary of $700,000.
2) Can participate in both Sales Incentive Plan ("SIP") and Variable Incentive Plan (“VIP”) that offers bonuses of up to 50% of his salary.
3) If the business separation of Cybersecurity & IOT is successfully completed within six months time frame, he'll get a one-time $350,000 bonus. If he exceeds six month time frame, it can go up to 1.5 times original amount. He gets 50% bonus of that amount if the Company achieves breakeven or positive operating cash flow for the first quarter of fiscal 2025. (I hope they're being conservative and maybe they achieve this in 2024).
4) He has time-based restricted shares valued up to $2.7 million vesting over three years from grant date (wondering if vested date will be in January 2027).
5) He has performance-based restricted shares valued up to $3.3 million - 70% is tied to reaching certain shareholder return goals with a 3-year vesting period ; and the remaining 30% will vest on third anniversary of grant date depending on the Company’s achievement of an adjusted EBITDA margin goal.
It was an interesting read.
Views on new CEO from Reddit group: https://www.reddit.com/r/BB_Stock/comments/18fud9e/new_ceo/
Oooh I see they're dropping the IPO plan as well. Interesting.
No it's today.
Agree with the sentiment. I still believe the potential is there for BB 2 be great. They're getting all the accolades from different publications and they're still working with Amazon. Plus IVY should be creating revenue in the near future if all goes to plan. I'm glad we've stuck it out this far.
Welcome back 4's.
Can it break and stay at $4 and then keep going...that's the question? LOL
Wow. What a great close to end the week! Looking forward to next week.
LOL thanks for the laugh!!!!
LOL it's good to not be alone here. Good luck as well. Happy Thanksgiving in advance!
I do hope that after the next quarter, things really start to turn around. Hopefully I'll be able to scrape something to get some more shares before it finally takes off.
I hope so too.
BB's paying off those debentures. Like the sound of that. Looks like the market agrees...so far. LOL
I was referencing a post that was made on Oct 2020 where it was speculated to give BB five years for it to appreciate in price at least 5-fold. So basically it's less than two years left from that initial speculation.
Nice price action today. Good point that since Chen's time was running out that they would have to be looking for the next person. We shall see.