BlackBerry Limited (BB)

[FairviewInvestor]

As I said before the last Earnings Release....

that was a sink or swim moment. I'd been holding on a few Quarters with a $13.50 avg.. watching with intent

they really needed to show not only continued traction with their new business model but also a solid move away from the cash sucking old one.

the valuation on this company is still very high.

and it just didn't happen. the hope was there, but the reality of that call caused an understandable drop in SP from $12.00 PreMarket to the $10.00 tests we've seen.

BUT.. fast forward a few years and the true story line will be determined.

I'm not in big or betting the farm. few K shares with a long term view of $20.00+ on a good story line on next few quarters.

the real investment would be to hold for 5yrs to 10 yrs. Not even in the mindset of the average investor.. but years pass quickly and if you've got 20K - 30K that you wouldn't miss in your monthly life over the next couple years.. well I say.

It's a good bet, and a fun bet. EVERYONE loves the 'from the ashes', Phoneix story line.

IF they do deliver then sure, you could see a 2x-4x multiple over next 36 months. IMO

if that time frame just doesn't compute.. there are tons of small-cap and OTC plays where you can make that double in the next week or month that your Portfolio balance is so, very desperate for :)


Good luck!