BlackBerry Limited (BB)

[JustForFun7]

my expectations as well. The shorts will try to hit it hard all week in order to get the price as low as possible so that when quarterly results are reported the price will increase from a low price level. The short case is that although initial sales are good, the sales will not last. That competition will kill BB sales and profitability in the long run as service revenue dries up.

They don't believe that sales will continue from new releases like Q5, A10 and other new models. They don't believe that BB will sell and new services and that QNX in other industries will get no traction. They also don't believe that the BB10 platform will get any better over time and that it is as good as it is going to get. They also don't think anyone will develop apps in any significant way for the BB10 platform.

Is BB really undervalued? Yes but the shorts are not going away anytime soon. It will take good back to back quarters to discourage them before they disappear in any measurable way.

JFF7