Return of the BB Moonshot Return of the BB Moonshot
DD
Author: u/JuvenileRockmover(Karma: 3320, Created: Jan-2019).
Return of the BB Moonshot on r/WallStreetBets
If you do not already have a triple layer of tinfoil strapped tightly to your skull, you should just skip this BB DD. For everyone else, it’s time to start traveling without moving. Part I concerns CEO moves, and Part II involves some good old fashion geopolitical conspiracy talk.
Part I – BB’s CEO is Ready
John Chen, the CEO of BB, is scheduled to present at a JP Morgan Auto Investor Conference on 8/11 at 3:30pm. https://finance.yahoo.com/news/blackberry-participate-upcoming-investor-conferences-120000809.html
So what? JC does not ...around with B. He has never presented at an investor conference, but now he’s so sure of his auto products that he’s ready to do heavy promotion. Believe me, JC is confident that profits are coming. On the day of Lyft’s IPO, JC was interviewed and stated, “Profits are important. Investors will eventually come back and want to know about the return.”
https://www.yahoo.com/lifestyle/black-berry-ceo-john-chens-cautionary-reminder-to-bullish-lyft-investors-180719087.html
John Chen is not going to go hype something that’s not a sureshot. He’s 66 and highly accomplished. He will not throwaway his reputation shilling for something that is speculative. BB’s CEO has always been positive about his company, but actively recruiting investors for the first time at a conference is a significant change for JC. In fact, the timing of his presentation appears calculated to make him look good, like someone that can move a stock. But how?
PART II – China Has the Autonomous Vehicle Lead, and BB is Essential to Catching Up
For all the people sweating under tinfoil right now, here’s that geopolitical conspiracy I promised. Baidu is going to release earnings before market on 8/12. The earnings will contain some real hype on the Level 4 autonomous vehicles (Robotaxis and Minibuses) that the public can use right now. The CCP is going to boast about these vehicles from now through the Beijing Winter Olympics in six months. These Level 4 vehicles, without steering wheels, are too big to fail for the CCP. It’s gonna f... work. BB’s QNX is the OS for these vehicles.
BB and AWS are now promoting IVY as a means of safely and quickly extracting data and making updates to vehicles on the road. IVY is the key to speeding up autonomous vehicle development. Here’s the promo piece that AWS is now paying to run in the WSJ: https://partners.wsj.com/aws/reinventing-with-the-cloud/transforming-the-driver-experience/?utm_medium=clientowned&utm_source=clientowned
Conclusion:
Starting on 8/12, there may be a BB pump related to Baidu’s earnings report. John Chen is going to get the credit for BB’s 8/12 movement due to having given a presentation on 8/11. The presentation may also have market moving news for BB. This quick play might work, but the real moonshot probably occurs over the next few years, when the profits actually come in.
Position: Some Real Heavy BBags
TickerDatabase entries updated:
Ticker Price
BIDU 165.55
LYFT 53.85
BB 10.37
JP 1.4
LEAD 55.3384
https://www.reddit.com/r/MillennialBets/comments/p25dry/return_of_the_bb_moonshot/