There is nothing to see here folks, go away while the StreetPlays
Support $2.25
Resistance $2.70
BB is still a trade benefitting Shorts successful demoralization of investors.
Last week Shorts grew .21% or 1,711,000. Today Shorts have come off 59k.
December and March earnings calls are almost the only thing that matter, other than unusual and significant financial news.
An advantage of buying at these levels, if you are an investor, is that the company finally begins generating revenue from myriad of Dev Licensing announced over the past 6 years. The chart illustrates BB bottoming out and CRWD Internet boondoggle then subsequent recovery as the US War Machine continues to punish all things unAmerican while supoorting its own.
CRWD artificially High priced while BB punishingly 1/3 of its peer market value.
Many variable will affect BB over the next dark months, however the brightside of the story is investors today can take advantge of the multi billion dollar investments, that appear primed to pay out 3~5x on revenue successes topping the
profitability cherry mounding this April... the days are growing shorter for the Short trade, brighter days ahead for BB.
If JJG and Mattitus don't move the revenue needle all hell will break loose.