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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of BlackBerry Spark, BlackBerry SecuSUITE and BlackBerry AtHoc. The IoT business consists of BlackBerry Technology Solutions (BTS) and BlackBerry IVY. The Licensing and Other segment consists primarily of the Company’s patent licensing business. The Company’s core secure software and services offerings are its Cylance cybersecurity and BlackBerry unified endpoint management (UEM) solutions, collectively known as BlackBerry Spark. Its Cylance cybersecurity solutions include CylanceENDPOINT, an integrated endpoint security solution that leverages the Cylance AI model and OneAlert EDR console. The BlackBerry UEM Suite includes the Company’s BlackBerry UEM, BlackBerry Dynamics and BlackBerry Workspaces solutions.


TSX:BB - Post by User

Comment by Hedgetrimmeron Nov 16, 2021 12:57pm
84 Views
Post# 34132528

RE:RE:CRWD SSR aka Short Sale Restricted?

RE:RE:CRWD SSR aka Short Sale Restricted?
Yasch22 wrote:

The SEC said this about SSR (referred to as the “alternative uptick rule):

"This rule is designed to restrict short selling from further driving down the price of a stock that has dropped more than 10 percent in one day compared to the closing price on the previous day”

They say shorting is good for the stock market and economy in general so why not let it continue and we can all reach Shangri-la much quicker? Remember reading the Wealthy Barber who said , and I'm paraphrasing, that there's only so much money invested and at the end of the day that total doesn't vary much, it just changes hands. 

I wonder who the rule really benefits? If hedgers were smart they'd do 9% a day. However the SEC would probably change that too. Irony with this rule is the SEC admitting short selling is dangerous but not if under 10% daily. What a joke, just get rid of it altogether...lol

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