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| | 07-11-2014, 01:41 PM Thread Author #1
Seeking Alpha: "BlackBerry Back In The Black"
BlackBerry Back In The Black - BlackBerry Ltd. (NASDAQ:BBRY) | Seeking Alpha
BlackBerry is trading at a historically low price to earnings ratio, hovering at roughly 4.6. The company has found itself at an inflection point, one that will determine its fate. BlackBerry pulled itself out of severely negative profitability, picked up a new CEO, and found itself a new direction. It seems like a lot is hinged on John Chen, who seems competent and confident in his company's product line. I don't want to say BlackBerry is a buy, but if you believe in John Chen and his idea for BlackBerry inhabiting a security niche, then I would say that it's a good time to enter the stock.
I don't normally pay a ton of attention to Seeking Alpha items; SA is really just a forum where individual writers post their opinions and some are well-researched, some... not so much.
I thought this one was fairly interesting, though, since the author is Vlad Deshkovich. IIRC, he has been EXTREMELY critical of BlackBerry in the past few years in comments on SA, so this seems to represent an interesting change of heart.