1. jgrobertson's Avatar
    From Marketwatch, 7/29/2013, "6 gut checks before the stock market's opening bell."
    6 gut checks before the stock market's opening bell - Need to Know - MarketWatch

    The call of the day: BlackBerry BBRY -39.45% is not only here to stay, its poised to more than double within a year, so says Frontaura Capital analyst Tim Raschuk. Its a stock that Wall Street hates, with 38 out of 43 analysts rating the stock hold or sell. Their average price target is under $10 a share. Add to that the fact that more than a third of its float is shorted and Raschuk says the stock represents a unique opportunity to buy a firm at significantly below intrinsic value. Raschuk said he believes shareholders would likely recover much more than its current market cap, even in bankruptcy. His six-to-12-month price target is $19 a share.
    dusdal and kfh227 like this.
    07-29-13 11:56 AM
  2. BergerKing's Avatar
    Moved thread to the appropriate forum.
    07-29-13 12:07 PM
  3. Edward in Toronto's Avatar
    I agree 100%. I currently don't own any shares in BlackBerry. I'm going to buy shares, but now is not the right time. I have to see a bottom first. Right now the chart looks like a sleigh ride to hell.
    07-30-13 08:12 PM
  4. meltbox360's Avatar
    It's a fun ride. If you got in at $6 which I was thinking of doing but didn't being as brilliant as I am. Nothing to do but pretend I don't own any shares atm...

    Posted via CB10
    07-31-13 08:51 PM
  5. Andy321's Avatar
    Meltbox: don't feel bad, I got in at 7, watched it peak at 18, and then watched it come back down to just over $9. I think there is a lesson about greed in this for me. Guessing right on a bottom does you no good if you can't figure out when to sell.

    Posted via CB10
    BlackistheBerry likes this.
    08-03-13 09:19 PM
  6. 3_M4N's Avatar
    Sounds like you're still in a good position. I don't know how long term you were planning on holding, but I'd be very happy with the position you got in at. Cheers!

    Posted while peeking and flowing on my incredible BBQ10!
    08-05-13 07:04 PM

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