BlackBerry Ltd T.BB

From: wobblywheeler at ST

[dwolfenson]

wobblywheeler 47m

 

$BB Facts: 3) There could be many suitors for BB before the IPO...$APTV,$TSLA,$MBLY....PE...Veritas, TPG, Thoma Bravo,Fairfax (which I doubt)...and hostile takeover...but until this is public we shall not know so this is speculation...however, the facts are clear $MBLY is EV/price is 27X but BB is 8X in IOT, in CS, $CRWD is 57X but BB is 1X..this definitely willful by analysts who a) have to change their analysis which will definitely happen as Q3 and Q4 improve and become cash flow positive which has been verbalized by management over and over, b) if the analysts want the pie of the IPO they will chang their tune soon, 3) the backstop of unrelenting shorting which was the debentures ~60 million shares) held by RBC is gone and privately held and also Fairfax can buy on the open market so this instills a backstop.

 

[Joey67]

BB is 1X because revenues are still declining. From 20 billion to 500 million whereas those other companies have growing revenues. What would you pay for a company whose revenues are heading to zero. Exactly 0. 

[nellybb]

Brains aren't everything. In your case they're nothing.

[Joey67]

What happened to your $100 call on BlackBerry while Chen was around. I guess you were half right. He almost lost 100%. 

[Joey67]

What happened to your $100 call on BlackBerry while Chen was around. I guess you were half right. He almost lost 100%.@

[nellybb]

Brains aren't everything. In your case they're nothing.

[Joey67]

Glad I don't listen to your financial advice. You and Chen are responsible for  just as many bankruptcies as the last recession.