BlackBerry Limited (BB)

[JustForFun7]

There are a lot of people that made a lot of money shorting this all the way down. If they were smart enough to be out before the earning call...the recent 30% jump off the bottom would make this an attractive short to them again.

Also, although I saw 5-6 analysts report today, I didn't see many if any of the big houses. Like I said I think they like to save their down grades for when the shorts are ready to hit it. Usually a run will last 2-3 days and then it's open season.

The free BES trials finish this month. Next month you should see Blackberry announcing closing deals (if the customer permits it). If BBRY wants to keep moving up, that's the next piece of news they have to put out.

Remember that one analyst that said BBRY was worth 20 dollars just on BES fees if they cornered that market. Doesn't look like they have that market wrapped up even though they have the best product by far. Gartner and others sent out enough bad press releases on BBRY warning customers that Blackberry might be going out of business that lots of businesses delayed making a purchase decision and are seriously considering less robust platform solutions.

Strong BES 10 sales and related ongoing revenue streams are really needed by BBRY soon to keep this rally going past 8 or 9 dollars. There may be more upside (from a valuation perspective) before they have to show those deals to advance further. It depends on when the shorts play their hand.

JMO, JFF7