RE: RE: Re subscriber base We all Bulls knew that shorts will ignore every piece of good news and find an excuse to sell of BB and that what has happened on 28 th. After the release BB was up 10% and then shorts launched an attack and were successful in bring the stock price down. As a matter of fact they are scared to death and these Hedge fund manangers will try their best to keep the SP down so that they can cover their short position.
Shorts and bears are debating that 3 million subscriber loss is a substential loss. Q10 will be relesed in 3 to 4 weeks. T. Heins said that 55% of Z10 buyers are people who switched fron iphone and Samsung. Most of the smart phone users are locked in for a 2 year contract with iphone and samsung. Slowly these people will break their contract when BB will give them incentives. Hopefully in Q1, 2014 we will see an increse in sunscriber base back to 80 Million plus.
Please don't sell your shares. You will see it moving to 20+ in next 4 to 5 weeks. Good luck. By the way i bought another 1000 shares at 15.11 on Thursday.