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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

Post by Digby8on Feb 02, 2021 3:16pm
280 Views
Post# 32449192

Finding a trading range

Finding a trading rangeIMO, thanks to the WSB gang, BB is trying to establish a new trading range in the $15-16 area, possibly as high as 16.50 or so. The surge of buying pushed BB to unsustainably high prices given the heavy shorting and its "show me" status in the eyes of analysts. In the long term, I remain convinced that BB is going much, much higher, but it is going to take some time unless the shackles are taken off the WSB people. Until then, I think BB has to establish a trading range.
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