Bottom line as a LONGhttps://seekingalpha.com/article/1523752-blackberry-ceo-thorsten-heins-keeps-his-word#comment-20441632
I am long BBRY. I still respect shorts and want to read into their minds. The purpose of this forum is not that Longs should cheer each other and curse shorts and call them manipulators. They are investors like us- the Longs and trying to make money just like us. Shorts thesis is simply that BBRY has no future, the sales will go down after initial channel fills and company will fail and so on. I am long BBRY as my conviction is that BBRY will do great for the next 2 quarters, if for no other reason, then at least due to the pend up demand. So profitability and positive cash flow is guaranteed for the next few quarters. Then fast forward 6-8 months, and we have BBRY with 200,000 APPs (up from 120,000 APPs as of now), positive feedback from new BB10 customers, BBM on iPhone/Android, and other initiatives. This will cause skepticism related to new operating system to cede to zero. Long BBRY. To be fair, this stock may continue to be volatile next few months so the surest way for Longs to make money is to continue to be in the game. This can be done by avoiding the margin calls. So as a Long, I suggest we can not afford to buy this stock on margin money, do not panic if stock goes down by 20% after earnings call though I am giving a probability rate of 70% for stock to go up after earning call. The stock is volatile today itself and trading within 14.64-15.19 range as of writing of this comment. So bottom line is be long BBRY and avoid margin money and be patient.
I am long BBRY.