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

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BlackBerry Ltd > Scrap heap

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Post by EllieMae on Nov 06, 2023 9:37am

Scrap heap

Blackberry reminds me of a muscle car I once owned of which I had visions of grandeur in it's restoration. After spending thousands of dollars on replacement parts and hundreds of hours on attempted body and mechanical fixes I realized I was in over my head and sold it off for only pennies on the invested dollars and nothing for my time. Finally the tormenting had ended but the pain still lingers after all these years.

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Comment by Maxmoe on Nov 06, 2023 10:11am

So are you saying you didn't learn your lesson? If BB is a muscle car, that could be awesome. If you bought the right one. Like my 1969 GTO "Judge" which I owned for a month in 1977, and almost doubled my money without putting anything into it other than tires, battery, and supreme detailing. And it would be worth 10 times that today. If you bought a boring common Chevy nova that was ...more

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Comment by calgarykewlboi on Nov 06, 2023 10:28am

Parse it any which way you want but the only ones who made out well here are short sellers and the only longs that made money sold into that Reddit pump job. Other than that car analogies are useless here even if some parallels can be extracted.

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Comment by EllieMae on Nov 06, 2023 10:48am

Stop and think about what I said. Chen came in here as the white knight and was going to be the saviour. A good idea but it looks like he met his match. Did his age get in the way? That I don't know, but we all have a "best before date". Way too much damage had been done before his arrival. He couldn't get any traction and I am sure there were many high level disagreements ...more

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Comment by calgarykewlboi on Nov 06, 2023 11:59am

Hey you'll get no argument from me about Chen. I always believed he was overrated and that his turning around Sybase 25 years ago had little bearing on his ability to turn this dog around. As I said in a previous post he should've been shown the door here five years ago. Worst CEO in tech I've seen in near 30 years.

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