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Bullboard - Stock Discussion Forum BlackBerry Ltd BB


Primary Symbol: T.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... see more

TSX:BB - Post Discussion

BlackBerry Ltd > Shorts Cover 1/20th Today
View:
Post by BBLacksEmotion on Oct 23, 2024 1:48pm

Shorts Cover 1/20th Today

Shorts have taken off 600K today with 11,623,000 remaining.

The swings on zero news on an oversold, undervalued company shows the completeness of the Shorts Trade and its exhaustion.

5x ~ 8x is a true valuation as compared to peers at is lowest levels... the elastic down band can only be stretched so long for a profitable growth company.
Comment by vstar67 on Oct 23, 2024 4:00pm
To bad this is not a growth company and it is not profitable either.  Promised to be profitable but like all promises made by this management team will never come to fruition.  I'd love to see them pay some dividends with the profit.  Dividing a penny 580 million times could prove difficult. 
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