BlackBerry Limited (BB)

[chaostrader]

You have a two fold issue with BBRY
1. EPS expectations were way to high, which provided the ground work for the perfect short. The delay of the phone etc.. Great setup! I shorted from the highs till little less than $14.50.
2. BBRY business was no way going to turn around that fast. They have an overwhelming amount to prove.

How can you expect iphone and android consumer to abruptly drop their product for a Z10 that is somewhat at par? it's like owning a Mercedes and decide to trade it in for a Nissan Maxima.

BES and possible major contracts will come to them IF they can prove their business is viable.

Good Luck!