Investing

The New Blackberry (TSE:BB, NYSE:BBRY)

  • Last Updated:
  • Sep 30th, 2017 4:01 am
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Deal Addict
May 28, 2006
2389 posts
179 upvotes
If you know the stock price is going to drop why not short it.
ValueInvestor wrote:
Apr 4th, 2016 1:58 pm


btw: It's nice that the stock dropped 3%+ today. As I have mentioned before, I will get in this week, and I bought 500 shares at $9.42. I will deploy the rest after the stock drops 10% or by the end of June 30th, whichever comes first. I only plan on buying $10,000 CAD worth of Blackberry stock.
[OP]
Member
Jan 10, 2016
313 posts
33 upvotes
Markham, ON
Psycho44 wrote:
Apr 4th, 2016 3:03 pm
If you know the stock price is going to drop why not short it.
I hope it will drop, not that i know it will.
[OP]
Member
Jan 10, 2016
313 posts
33 upvotes
Markham, ON
EmperorOfCanada wrote:
Apr 4th, 2016 2:54 pm
I wish you best of luck with your investment, but I am not convinced BB is going anywhere good.
Thanks, give it 2-3 years and see what happens.
[OP]
Member
Jan 10, 2016
313 posts
33 upvotes
Markham, ON
viiveyy wrote:
Apr 5th, 2016 11:39 am
OP is such a bad ass
why? BB is not that risky to me. At least that is how i feel. Although volatile, but not that risky. Volatility is not a risk.
Member
Aug 10, 2015
229 posts
143 upvotes
Toronto
ValueInvestor wrote:
Apr 5th, 2016 11:47 am
why? BB is not that risky to me. At least that is how i feel. Although volatile, but not that risky. Volatility is not a risk.
That's why.
Sr. Member
Aug 19, 2016
753 posts
260 upvotes
Which is a good thing.

I did some quick math with the data provided by OP's various posts in this thread, he should be holding around 1,123 of TSE:BB shares at an average price of $8.90.
OP will deploy $10k into BB.

First purchased 500 shares at $9.42. during this time, BB shares have dropped to low $8.xx. He/she said that he/she will get more after it drops another 10%. So the price of 90% of $9.42 is $8.48. Let's assume he/she spent rest of $10k (minus the original purchase) at $8.48.

With today's pop, he/she is sitting on a 20%+ gain. Not too bad.
Newbie
Sep 18, 2016
86 posts
23 upvotes
watching BB for now until end of 2017.

Apple swooped up around 12 people from BB's QNX for there own driverless project named Titan including the chief executive. Lets see how BB handles this loss.
"Just because it's illogical doesn't mean it can't continue to move up"
Deal Addict
Jul 3, 2006
1130 posts
175 upvotes
nice gain today.. Some analyst said $45 for share by 2020
Sr. Member
Aug 19, 2016
753 posts
260 upvotes
Just an update to my previous post. I think OP is sitting on 55% gain after today's gain.
I should have followed.

Anymore recommendations OP?

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