To me, they've been on the scalable path from the day they emerged. They were overvalued for most of that time as was the entire industry. And there was no insurance it would ever be properly valued.
Then they were properly valued in the .20's as I see it. Margin of safety down there at .10, as I said before. Now, in grey area to me.
But they've ALWAYS been on the march forward. At one point, I got thrown off course by lack of data on Vincente Fox. But now I know he's been confirmed. And they've always been moving forward. The stock is not the company. It's just a valuation. A voting machine short term, a weighing machine long term.
And today, I just got another falsification delivered to me. Fairfax denies it is looking to take over Blackberry. I just had a knee-jerk reaction:
I just had a knee-jerk reaction to this bad news:
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.1
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.1
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.11
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.11
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.11
06/02/20 12:19PM EDT Buy 44 BB Jun 05 '20 $5 Put Executed @ $0.1
06/02/20 12:19PM EDT Buy 1 BB Jun 05 '20 $5 Put Executed @ $0.1
50 contracts on puts that expire in 3 days. I hope this causes depression. I can't predict my business partner's irrationality, but I hope this causes him to go into deep depression. This is actually a much better fortune for my long term aspirations, however.
That's GAMBLING. Not investing. Investing is going long on good value. As in HLIX at .11 cents. Somebody over there was saying not more htan 7 cents. Although, he claims he lost $100,000 that he bought at $2.00. So, don't look at me at all the illogical double-speak around here. :)
Some of us are consistent. Some, talking out both sides of theire mouth. Just do what you feel is right for you KMP, and best wishes!
