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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 > BB - bring dead money back to life ....
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Post by Pesyk1 on Dec 07, 2024 3:44pm

BB - bring dead money back to life ....

I have seen that a lot of people have purchased BB for much higher price than what it is at currently.  The term dead money was used amongst other things .  To reverse the dead money issue, it would be very wise to dollar cost average down asap to at least $4 Canadian ,then have a sell order in place for $5  or 6 cad, as the volatility will come back with a vengeance, most likely slowly starting next week as we are coming close to the quarterly report.
When you look at a maximum chart on your brokers website you will see that BB is at a 20 year low, or extremely close to it .  In all due respect those suffering from losses can reverse it by purchasing to cost average down.  Have faith, BB won't falter forever and for sure , expect the unexpected. 

In August of this year BB hit a 20 plus year low $2.89 Canadian. While doing this it created a 123 bottom.  Fast forward just recently it created a clean bull flag on a three month chart ,BB broke out of that bull flag last week a little bit. I predict a huge breakout to $5.20 at least ,  and as I have mentioned before there is a Gap that needs to be filled in and around the $5-$5.50 range. 

Disclosure.....I had dead money when I purchased Nio for $49 a share, yah crazy hey . It drops to five bucks a share.  I thought to myself this is going to be dead money I'll just sit on it and see how things go.  After 6 months I decided to purchase enough shares to bring the cost of Nio down to $6 a share.  Once I did that I sold it for $9.90 a share, and will never purchase into Nio again . Hope this helps those on this bullboard.
Comment by Maxmoe on Dec 08, 2024 10:14pm
In other words, both the recent and future performance of any stock has absolutely nothing to do with the past. Ie what you paid. Or what i paid. Or what anyone paid   If only investors could ignore the past and focus on the future. That's what will determine your results. So forget who paid $5, or $50
Comment by downwithdotcom1 on Dec 09, 2024 12:25pm
3.98+0.32 (+8.74%)
Comment by Pesyk1 on Dec 09, 2024 12:48pm
We are seeing the first leg up to $4.00 cad ,   lots more to come .  
Comment by DBNORTH on Dec 09, 2024 1:31pm
Nice call on the technicals - sold a trade at 3.50 back in Oct and bought back in today at 3.79.  No longer a trade - will build position - s/b pullback!  Wish I had been paying attention a few days back. FINALLY, Chen is off the radar.
Comment by Pesyk1 on Dec 09, 2024 2:01pm
There will be small pull backs all the way up to possibly $7.00 cad .   Those who dollar cost averaged down to correct earlier higher purchase prices of BB , their holding WILL be in a good place very soon .   Have patience and stay the course this is moving higher with increasing volume as well as a spike in volitility.  Salute .
Comment by northernman59 on Dec 09, 2024 5:55pm
Yep and nobody cared when I posted in July this stock was going to give me a great retirement 
Comment by Maxmoe on Dec 09, 2024 6:18pm
Feel free to use one of my favourite sayings. It's lonely at the bottom. Good for you. 
Comment by northernman59 on Dec 10, 2024 4:03pm
Your favorite saying is buy high sell low
Comment by downwithdotcom1 on Dec 09, 2024 5:18pm
close 4.15+0.49 (+13.39%)
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