Post by
BBLacksEmotion on Nov 29, 2024 8:50am
Shorts took another 180,000 off the table yesterday
as the price rose another 1% on TSX... Shorts should have been adding to, not Buying out the trade!
Sure, a Bull Trap is forming just like all the others over the past 7 years, except, this time there is the promise of Profitability April 1st and revenue growth in so many nacent arenas.
Waiting for the next hundred million share trade day along with a double or triple value leap to match all the fresh business BlackBerry have sold Dev licenses into... the next Leg Up will hit hard.
Friday could be a mini bull trap, but moves on $2.75 resistance is next, supporting profitability and revenue growth magnify Short risk.