BlackBerry Limited (BB)

[Rave11]

I wouldn't say it's bad, but the negatrons aren't focused on the first half of the year. They are focused on the decline from last quarter. Yes, for the mid-year it's up, but fell sequentially from last quarter. And down from last year's Q2 as well. I guess they have concerns about its sustainability and intense competition.

It's really IOT, of which IVY is a part and a wild card, which I really like. I think it can carry the company if Cylance can just at least retain its market share. I'd love to see growth in Cyber, but I don't think it's absolutely necessary for the long term prospects. A lot of unknown acquisitions lay ahead too if they can get this patent deal behind them.

Just nothing to excite people this quarter, even though it was a beat on lower expectations. Frustrating beyond belief. And they can't get this darn patent deal done. Moving so slow on that part, but I think the future is bright.

And will be a while before they have free cash flow that can instill some confidence I think. But overall, I like it. Frustrated, but I think they are on the right path.