RE: Canaccord admits it went too far in slashing B This idiot Mike Walkley must be thrown behind the bars for ruining reputation of BlackBerry. Canaccord has lost their credibility and market should not believe them at all. I mean what the hell he was thinking when he slashed his shipping forecasts to 300K from 1.5M? Iremember BB lost some $ 0.80 that day.
Hey you all Bulls out their, please ignore all these American Analysts and Financial Brokers. They are losing big times on their darling AAPL as most of them were dreaming that it will hit $ 1000 in March 2013 but tables are turned now. BB is set to give Apple a big fight in next two years. Most of American short sellers are responsible for bringing BB down from $ 26 to $ 6. Millions were shorted below $ 10
Jim Cramer said last night that BB would not go below $ 12. Again he is another fool who loves AAPL. Was he able to save Apple which dropped from 700+ to 418.65 ?
BB is has a strong balance sheet with zero debt and some 2.9 billion cash. They must have burnt some cash during BB 10 launch as super bowl ad alone had a price tag of more than 4M dollars. They will be back in black next quater. Everybody knows that they will report per share loss of -1.18 on March 28. Anything better and increase in subscriber numbers from 79M will be bullish for stock price.
I'm long and if it drops to $12, I will add 20% more shares. Yes I'm Canadian and I have faith in BB Management. They will do good with Z10 and Q10
God bless.