Bankruptcy or Buyout?As 2024 comes and starts to settle in, it will be a VERY interesting year on MANY fronts.........And for our ole friend BB as well. I had warned you guys, on many an occassion to stay FAR FAR away from this investment and if you were a s/h .......it may have been a good idea to unload it any where in the past few years. The only winners here are the professional shorts and BB's VASTLY superior compettitors.
The big losers? Well.......i guess you ALL KNOW who those are.......it's those with that false sense of hopium thinking poor BlackBerry could have recovered.....at some point.... and....who've been bagholding all this time. Actually it's a double whammy for those folks.......IF you account for all the lucrative opportunity costs they've missed with having their investments here rather than there!
So how those all this end for BB, as 2024 subtly comes in & setlles down? Imho, it's not looking too good for poor BB. And i strongly believe that in the next 24 months, one of two dismal fates awaits our poor friend BB. As the the title above says, tihs will end either in Chapter 11 BK OR BlackBerry selling itself cheaper than a stale bag of stinky peanuts. Either one of those two ends has an equal probability of happening, a VERY high probability of happening and both will be brutual for anyone left holding the stock.
Sure some might say a sale, even a very cheap one is better then ANY possi BK