Post by
BBLacksEmotion on Nov 26, 2024 10:57am
Yesterday Price Up 10%
Yet Shorts only piled on less than 120K... unless there is an adjustment, the Shorts may have decided enough and an exit to the trade is on.
A few months ago, Shorts did reduce to10,325,000. Todays Short position is only 11,682,000, so it will be interesting to see the trade progression over the next 17 trading days leading up to Q3 earnings call December 18th.
To reiterate JJG should confirm the march to profitability continues and that outlook as there are just 60 trading days to the Year End Financials Report and 6 months to his Bonus Program that measures success with Profitability.
Profitability, along with revenue growth are keys for success, pretty much nothing else matters other than an acquisition to wipe BB away from current shareholders.
June 2025 is BB Day, one way or the other the next 110ish trading days will likely decide the future of BlackBerry.
Comment by
vstar67 on Nov 27, 2024 7:02am
Hasn't management already been compensated a billion dollars to deliver nothing. When will the madness stop. First we need growth and then maybe pay them. Enough at the trough. Since JG has been hired we have been diluted by over 8 million shares. Pure f*ckin greed!
Comment by
northernman59 on Nov 27, 2024 5:28pm
Guess that is why you do not manage a company.just negative does not make money