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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 worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Bullboard Posts
Comment by jastorontoon Mar 26, 2013 6:06pm
205 Views
Post# 21171165

RE: RE: short numbers

RE: RE: short numbers

I agree that at $ 20+ it will trigger lots of Buy on Stop orders for those hedge Funds. They will try their best to keep the share price below 17 dollar range and short it aggresively. Now it is upto the BB longs not to sell their shares at 17 dollars. At the mean time some institutional investors must pick up those shares shorted by Hedge funds. But the problem is that these hedge funds have too much cash available to manipulate any given stock. They will attack BB again on 28th March after the earnings release and will ignore good news. If subscribers numbers drop more than a million to 77 million, it will give them excuse to short BB.

Somehow, all BB longs should try to hold their position so that share price can move to 21+ which may create panic among all shorts and we will see a short squeeze.

 

Good luck.  

Bullboard Posts