BlackBerry Limited (BB)

[usaphilippines]

I like billionaires to be shareholders but not when they are sitting on the board, holding heavy bags, that are ready ink a deal better for him and worse for shareholders and peanut valuation. I am here for a swing into earnings with a few common, september, and January calls.

I usually never hold into earnings and sell on the anticipation I just dont see how this will have a massive miss on earnings, look at crowdstrike they had a huge beat. Election year all the democrats can do is rally the stock market, and inject money into the economy because it surely isnt their best suite with high gas prices, wide open border giving illegals free stuff, while Americans live paycheck to paycheck.

If earnings are a massive miss (I highly doubt) I will likely hold through Q2. This is a crazy low market cap and coincidentally beaten down as the market roars upward when retail owns 50% of the float seems suspicious at best. Sure revenues have been declining but they are way worse balance sheets trading at multiple x higher than BB is.

Wall street will pump this soon to $4s and the long term bulls will get bought out after this stupid low market cap comes up when they are in a better position to negotiate, perhaps when the stock is in the $5s with an earnings beat.

Patents alone worth hundreds of millions.