BlackBerry Ltd T.BB

From DavidJack on ST

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DavidJack

09:37 AM

$BB

  " I believe that growth rates like those at Shopify will soon be coming to BlackBerry." | " the latest quarter was actually a nice improvement. BlackBerry went from declining revenue to growing revenue. That’s huge." | "In my view, one of the most exciting growth stocks today is BlackBerry. Unlike Shopify, it’s a stock that does not get the respect it deserves. Nonetheless, it’s one of my top growth stocks." | Motley Fool is kind of ridiculous as most know and the majority of their writers seem to have no real investment experience BUT there is the odd exception. These quotations above come from a recent item written by contributor Karen Thomas. Unlike many of her colleagues she has credible experience. She has a CFA, a MSc in Finance from Concordia, and B Com from McGill. She also worked at very credible buy side institutions, helping pick stocks for serious portfolio money, such as OMERS. Her logic is similar to others world class institutions that have bought BB.

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BB's institutions ownership is around 45% for a long time, unless BB shows impressive revenue growth, Wall Street sharks won't jump in. Because they have so many other choices and for these sharks they know when they are in they will make sure SP go up to the absurd evaluations just like other companies you can name. Let's say Wall Street sharks enter BB at 50(one day let's assume)

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Just thought I'd check out the author, Karen Thomas. She's definitely legit: Click for Karen Thomas profile on LinkedIn