Replies to post #16109 on 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.

[usaphilippines]

IMO fair valuation here is at least $7-$9 a share if we bottom out here, lowball valuation here is in ghe $5s. If JG can bring this cash flow positive which surely cant be that hard to do with the right strategy, more $ will flood over to BB and put them in a much better position to be bought out. I really think they just need to off it for $7-$9 a share, 20 year lows hand off the wand even if it means the buyer breaks up the company and starts selling off portions. Titanic is an iconic brand too but is at the bottom of the ocean.

Ideally they come out with cash flow positive earnings, the stock jumps, and they announce they are seeking highest bidder. If they can get this to $5 a share its not unrealistic for them to get $10. This is a bullshit market cap and these dipsticks need to keep shareholders out of the dark on the path forward, I think thats soley the reason for the bleed along with a forced selling pressure from wall street so they can buy in cheap with retail owning 50% of the float.