![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, February 16, 2013 1:56:29 PM
IMHO, BBRY is a great long term bet. From right now till the time we see some sales figures, BBRY will trade between 12-17ish due to the amount of volume we've seen on the ticker since a few weeks before the BB10 launch. Traders are killing it on this. My friend has been swing trading this ticker for 5-10k profits every day.
If you think about the concept of trading and "investing" in stocks, you'll realize that the money you make comes from the pocket of someone else who bought the stock you cashed out. Right now, as the retail investor $$$ pours in on speculation, pros aren't taking any chances and are cutting profits every day. The PPS will break loose from this channel once sales figures come out and some big money comes in as INVESTMENT.
Thursday was a perfect example of what's going on here. Monday was red, tuesday red, and on wednesday, the former CEO unloaded the rest of his shares, causing even more red. Shorts thought this was too easy and many actually thought this would go back down to pre-hype levels... They were wrong. A gap down on thursday, followed by tremendous buying, triggered a nice short squeeze resulting in straight rallying all day to close 8% up.
Friday, the day before a 3 day long weekend, had no volume. A lot of people looked at the chart and thought Friday was too obvious and called a green day. AH on thursday made the price soar another $0.50 from the close. When the bulls weren't there, the all the remaining shorts were easily able to close their positions without chasing, none of these guys would old over the weekend, thats too scary.
Monday, I expect some more green, who knows, maybe all the retail speculators have put all their money in for now, but the current PPS still has $1.50 to go before it hits the top of the channel, so we might see some buying.
If you're going LONG and want to hold into some numbers, I'd look for a nice entry point around $13. It might not get back down there, we seem to be consolidating to $14.
I'm a BBRY fan, I used to own the tour and loved it until it started to shit the bed, and went with an iPhone. I don't like the fact that Android runs on so many devices, you'll never have software as robust as the software for BB's and iPhones, simply because there are too many devices to support.
I'm a software developer, I understand how these things work. The Z10 is essentially a Samsung galaxy s3 hardware wise, and software wise, is in no way related to the old BB7 that used to make the phones so trash. I haven't touched the Z10, but from what I read, they've stayed true to their fundamental beliefs, but have outsourced much of the design, hardware, and software to experienced and technology focused companies. As long as this new QNX software is robust, I believe BBRY should see an uptrend in sales, which means an uptrend in PPS. I believe, if successful in gaining market share, we could see 150% gains from these levels in a relatively short period of time.
Recent BB News
- Levi Strauss Falls 15%, BlackBerry Narrows Losses, Micron Issues In-Line Projections Post Strong 3Q Results • IH Market News • 06/27/2024 11:07:17 AM
- BlackBerry Reports First Quarter Fiscal Year 2025 Results • PR Newswire (Canada) • 06/26/2024 09:05:00 PM
- BlackBerry Reports First Quarter Fiscal Year 2025 Results • PR Newswire (US) • 06/26/2024 09:05:00 PM
- Dow Dips, Nasdaq Gains, Oil Prices Rise • IH Market News • 06/26/2024 11:00:03 AM
- BlackBerry Announces Election Results for the Company's Board of Directors • PR Newswire (Canada) • 06/25/2024 08:19:00 PM
- BlackBerry Announces Election Results for the Company's Board of Directors • PR Newswire (US) • 06/25/2024 08:19:00 PM
- BlackBerry Reports 40 Percent Increase in New Malware Used in Cyberattacks • PR Newswire (Canada) • 06/25/2024 10:00:00 AM
- BlackBerry Reports 40 Percent Increase in New Malware Used in Cyberattacks • PR Newswire (US) • 06/25/2024 10:00:00 AM
- BlackBerry to hold Annual Meeting of Shareholders on June 25, 2024 • PR Newswire (Canada) • 06/13/2024 09:05:00 PM
- BlackBerry to hold Annual Meeting of Shareholders on June 25, 2024 • PR Newswire (US) • 06/13/2024 09:05:00 PM
- BlackBerry to Announce First Quarter Fiscal Year 2025 Results on June 26, 2024 • PR Newswire (Canada) • 06/12/2024 09:05:00 PM
- BlackBerry to Announce First Quarter Fiscal Year 2025 Results on June 26, 2024 • PR Newswire (US) • 06/12/2024 09:05:00 PM
- Software Supply Chain Attacks Have Increased Financial and Reputational Impacts on Companies Globally, New BlackBerry Research Reveals • PR Newswire (Canada) • 06/06/2024 10:00:00 AM
- Software Supply Chain Attacks Have Increased Financial and Reputational Impacts on Companies Globally, New BlackBerry Research Reveals • PR Newswire (US) • 06/06/2024 10:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:29:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:29:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:29:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:28:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:28:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:28:33 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/17/2024 12:55:46 PM
- BlackBerry Recognized as a 2024 Gartner® Peer Insights™ Customers' Choice for Unified Endpoint Management (UEM) Tools • PR Newswire (Canada) • 05/14/2024 01:00:00 PM
- BlackBerry Recognized as a 2024 Gartner® Peer Insights™ Customers' Choice for Unified Endpoint Management (UEM) Tools • PR Newswire (US) • 05/14/2024 01:00:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/13/2024 04:23:36 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM