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Bullboard - Stock Discussion Forum 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... see more

TSX:BB - Post Discussion

BlackBerry Ltd > I can't comprehend that approx. 350 MILLION shares
View:
Post by sandysouci on Dec 02, 2020 8:34pm

I can't comprehend that approx. 350 MILLION shares

of BB changed hands in the USA yesterday... at a price of roughly $7/share, that's about $2.6 TRILLION of activity...

am I reading that correctly???... if so, that is positively *****insane*****

CHART LINK
Comment by RalphCramden on Dec 02, 2020 9:07pm
What you obviously can't  comprehend is the math....350 million x 7 = 2.3 billion ! Not trillion.  We are not talking about Trudeau covid relief package here ....
Comment by sandysouci on Dec 02, 2020 9:54pm
well I said I thought I might be missing something! (never get on SH with a drink in hand...............) regardless, $2.3 BILLION is a big ton of cash, and boy that means this company has a lot of liquidity and visibility -- especially with American investors... just what we need for a solid bull run... thank you!
Comment by bobismydad on Dec 02, 2020 11:23pm
chart reminds DAD of the Nortel caper----and me---with 5G, 6G, 7G comming on stream---are bb's patents worth anything  ???
Comment by blackberry on Dec 02, 2020 11:41pm
I read a month ago an estimate of $500 Million but I don't know how the analyst came up with that figure.
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