BlackBerry Ltd T.BB

BB share price complaints ....

[Pesyk1]

I will make a seperate discussion here for people who are complaining about the current share price and offer a simple solution.  BB price is currently @ 3.25 ( moving  up slightly pre market as of this writing) 

If you purchased BB at a much higher price , then the logical thing to do would be to purchase as many shares as you could afford to bring down the average cost in your brokerage account .  A lot of people purchased @ prices much much higher then we are currently at .  This process of dollar cost averaging is used by many many people who have lost ground on pricing a stock . I have used this technique a few time .
Personal example ..Nio the automotive company had shares priced at $50 USD + .I purchased a whole bunch and thought it was a great deal .  Yup it tanked worse then anything I had ever seen . I had taken a frozen boot to the teeth . In this case and similar cases such as BB,you always have to think positively. There are always solutions to every issue .  Nio dropped to 3 or 4 bucks /USD per share .  I went ahead and purchased enough shares to bring down the dollar cost average to $6.50/ USD ..  Nio had a spike soon after to around $ 11 .  Didn't feel comfortable investing in Nio, sold it all for a sizable profit ..
Anyone could correct mistakes in purchase price of Any stock on the market. It's a matter of affordability and having conviction to get ahead .  Every person reading this should dollar cost average down in BB.  It's an opportunity looking at you right in the eyes . 
Here is a hypothetical BB trading account..   you purchase BB at 10 bucks five bucks 20 bucks and your average is $15 per share currently or higher.  Go to your trading account purchase as many as you can afford.  Once your purchase is done you will notice that the average The brokerage calculates will drop. This is a solution that will in fact help 90% of people underwater . Lots of people don't understand this . Is why I gave an example.

[Pesyk1]

ALL MY QUOTES AND DISCUSSIONS ARE IN CANADIAN $ . 

[brewster123]

No complaints today so far - good volume and good SP appreciation.  What's up?

[Pesyk1]

Will continue higher , lookin at  $ 4.05 - 4.25 between now and Dec 19th  (very choppy though, shorters still in control ) .  Could possibly be a earnings surprise OR an announcement of some sort in regards to BB on Dec 19 or sooner . Good time to dollar cost average down your BB, before it goes too much higher . 

[bobbybittman]

agree 

[Pesyk1]

BB Price crossed the 21 Day and 50-day moving averages.  

[vstar67]

BlackBerry until it demonstrates growth can cross whatever but it won't cross $2.50.  sad what management has reduced this company too.  A blue chip company to an almost over the counter junk stock.