BBRY SHARES ARE BEING MANIPULATED I feel this stock is being manipulated by the deep pockets who got burned on their short position when the rumour first came out. They having to quickly cover, stop loss, all surely put them under water. I am sure some, if not all also reversed their positions from short to long that same day -only to see that also turned upside down the very next day.
So how do you recover those big losses? Pump up the stock again and bring it back down. Rinse & Repeat as necessary.
That said, I am sure there is something of substance to this rumour and in the end we will see BBRY bought out between $20-$25 (USD).
This once great giant is slowly but surely coming awake. BBRY is going to start picking up momentum by the end of next QTR and the competition is well aware. An offer must be compelling enough for a quick close and avoid any bidding war.
GLTA.
Cheers