[Superfly_FR]

I know it's bad (to advertise based on a instant screen shot) ... but ... what a start !
edit/question: isn't that HUGE volume ?

[morganplus8]

OT: Loaded up on a bunch of HALO this AM at opening....

OT ALERT HALO !!!

bigbadben10 !!

You are one smart trader! You stepped in front of 20 million short shares and took their opportunity to cover away from them. Brilliant!!

I have to believe that the short traders wanted this stock lower, they have held it back for the past 6-months and yesterday was their day to crush any hope for the stock to rally. They managed to close it down $ .30/shr from the start of the week. So now they are sitting on 20 MM shares in the wrong direction and the news is out there, what to do?

When the company was asked what their burn rate is for the balance of the fiscal year they stated, "We are staying with our forecasted range of $ 45 MM - $ 55 MM for this year, but, that number could be below the lower range if we do a transaction before the end of this year" WOW!! Who says that they will spend far less money with only 6 weeks to go in the year "if" they do a transaction!?!?!

They are telling you two things, they are about to announce a deal, it is for more than a $ 10 MM up front payment ( I think it will be between $ 20 - $ 30 MM), they are heavily into talks with new players and they see cancer as their spotlight now. This company is not one where you want to hold a short position in 20% of the outstanding shares of the company. I smell some trading flesh burning in the days ahead.

Good on you and anyone else who saw through the fake trading yesterday.

[bbjdog]

Reading material!


COMPANY NEWS ALERT
BlackBerry set to map out enterprise strategy at San Francisco event (Thomson Reuters)
By Euan Rocha
TORONTO, Nov 12 (Reuters) - BlackBerry Ltd's strategy for serving big clients like corporations and government agencies will take shape on Thursday as it launches a new mobile device management platform, a vital component of its turnaround plan.
At a San Francisco event, BlackBerry will outline tie-ups with carriers and service providers that will be co-marketing the BlackBerry Enterprise platform, or BES 12, according to industry sources.
Analysts and investors are watching closely to see if BlackBerry Chief Executive Officer John Chen can kick-start revenue growth.
Growth will depend on the success of the BES 12, a system that will allow large organizations to manage and secure not just BlackBerry devices on their internal networks, but devices that run on rival operating systems such as Google's Android, Microsoft's Windows and Apple's iOS.
"It is an important event and we are interested in the company's comments around its enterprise strategy, but strategy alone won't lead to a full rebound for the company," said Morningstar analyst Brian Colello. "BlackBerry will have to execute flawlessly over the next couple of years as well."
Chen said delivering on balance sheet improvements and other pledges in the last year has given BlackBerry a degree of credibility.
"Last year, even if they liked our technology they didn't believe we'd survive, so they didn't want to commit to our technology. That is changing," he told Reuters.
BlackBerry has some 3.4 million clients provisionally signed up for BES 12 who are potentially set to become paying clients early next year. Despite this, analysts remain cautious, noting BlackBerry is competing in a crowded field.
"They are executing in a market that is home to a number of extremely formidable, motivated, capable, deep-pocketed rivals," said IDC technology analyst John Jackson. "On one hand you have Citrix, IBM and SAP, and on the other it is (newcomers like) MobileIron and Good Technology." These companies compete with BlackBerry in such businesses as mobile data security and mobile device management.
Despite BlackBerry losing market share in devices, Jackson believes it still has opportunities in the enterprise segment as demands for data security in a mobile world are growing rapidly and many enterprise clients have yet to adopt the systems needed to come to grips with it.
"The mobile revolution has come and gone, companies are only now tooling up for it and it is up to BlackBerry to bring the right tools to the party," said Jackson. (Editing by Amran Abocar and Jeffrey Benkoe)

[Tinomane]

um did we just pass the 52 week high?

[Bilaal]

Up up and away.

Posted via CB10

[jxnb]

We got within 10 cents of it. 52-week high: $11.65. Today's high so far: $11.55.

um did we just pass the 52 week high?

[morganplus8]

um did we just pass the 52 week high?

By the time that I type this we will probably have, the number is $ 11.65/shr. A very strong day indeed. The DOW has quickly flattened out, no sign of a sell-off there so the stock is turning its attention to tomorrow and the BlackBerry Show.

Update: We just missed on this run! Would be nice if the media had to state BBRY hit a "52-week high today". Looks like we triggered some sell-stops at the high. Time to regroup and press on again.

[bbjdog]

TSX Exchange high and low for BB.TO
Lets see if we close above the 52 week high.

COMPANY STOCK PRICE ALERT
BlackBerry Limited (BB-T) at $12.87: New 52-Week High
Last: $12.87 Net Change: $0.39 Change: 3.12%
Prev. close: $12.48 Volume: 1,049,989
High: $12.87 Low: $12.43
52 Week High: $12.86 52 Week Low: $5.79

[bungaboy]

TSX Exchange high and low for BB.TO
Lets see if we close above the 52 week high.

COMPANY STOCK PRICE ALERT
BlackBerry Limited (BB-T) at $12.87: New 52-Week High
Last: $12.87 Net Change: $0.39 Change: 3.12%
Prev. close: $12.48 Volume: 1,049,989
High: $12.87 Low: $12.43
52 Week High: $12.86 52 Week Low: $5.79

That's great!

FYI, even though a lot of us are on BB:TO Exchange, the quotes used in here are usually based on BBRY:NASDAQ exchange. As Morgan says, it takes out the currency fluctuations.

Someday I'll tell a joke about currency fluctuations.

[morganplus8]

Since that pop, we have formed an Inverted Head and Shoulders on the chart, I believe we are going higher from here.

[leafs123]

BB live streaming the event tomorrow.

November 13: Not an Update; a New Era for Mobility #BB4Enterprise | | Inside BlackBerry for Business Blog

BlackBerry Webcast

[morganplus8]

You've got a lot of good ideas here. Curious - do you trade at a professional firm? For your PA but work fulltime in another field? Do you hold a CMT or CFA?

I like seeing other members in the finance field here, offering real value around market activity.

I do have a background in finance, I hold 2 Economics degrees (BA & PhD), an MBA and a Mech. Engineering degree, I have all the licences to trade in every venue around the world, I have a CIM title but I'm not FCSI as I left the business. I was an options specialist for the largest firm in Canada at one time and trained traders back then.

My passion became engineering so I switched fields and never looked back. I'm also an licensed Millwright and Electrician (Red Seal); so how's that for not knowing what I really want in life?! None of this behaviour I can explain. Okay, the reason I picked up my Elect/Mill tickets was because engineers weren't allowed to work on automated equipment in a unionised environment so I solved that problem by getting those tickets so the unions had to let me do the hands on work. Simple solution!

Today I handle some private money for others and do as I please. Thanks

[sidhuk]

Awesome background, glad to see you posting here. What software are you using to track the market, drill into blackberry price movement/charts/fundamentals and to trade?

Think we could all learn a lot from you.

I would stay away from personal info which he has given many times here. Morgan8 is an important asset to this thread and I wouldn't tire him with too many personal questions.
With respect.


Posted using BlackBerry passport.

[plasmid_boy]

I do have a background in finance, I hold 2 Economics degrees (BA & PhD), an MBA and a Mech. Engineering degree, I have all the licences to trade in every venue around the world, I have a CIM title but I'm not FCSI as I left the business. I was an options specialist for the largest firm in Canada at one time and trained traders back then.

My passion became engineering so I switched fields and never looked back. I'm also an licensed Millwright and Electrician (Red Seal); so how's that for not knowing what I really want in life?! None of this behaviour I can explain. Okay, the reason I picked up my Elect/Mill tickets was because engineers weren't allowed to work on automated equipment in a unionised environment so I solved that problem by getting those tickets so the unions had to let me do the hands on work. Simple solution!

Today I handle some private money for others and do as I please. Thanks

Haha... so we have something in common after all - "not knowing what I really want in life".
In high school, the counselor asked "what do you want to in university next year?". I replied "I want to be an artist, an engineer, a neurosurgeon, and a scientist!". "All at the same time?" he asked. Yes, I said. LOL

[CDM76]

BlackBerry set to map out enterprise strategy at San Francisco event | Reuters

(Reuters) - BlackBerry Ltd's (BB.TO)(BBRY.O) strategy for serving big clients like corporations and government agencies will take shape on Thursday as it launches a new mobile device management platform, a vital component of its turnaround plan.

At a San Francisco event, BlackBerry will outline tie-ups with carriers and service providers that will be co-marketing the BlackBerry Enterprise platform, or BES 12, according to industry sources.

Analysts and investors are watching closely to see if BlackBerry Chief Executive Officer John Chen can kick-start revenue growth.

Growth will depend on the success of the BES 12, a system that will allow large organizations to manage and secure not just BlackBerry devices on their internal networks, but devices that run on rival operating systems such as Google's (GOOGL.O) Android, Microsoft's (MSFT.O) Windows and Apple's (AAPL.O) iOS.

"It is an important event and we are interested in the company's comments around its enterprise strategy, but strategy alone won't lead to a full rebound for the company," said Morningstar analyst Brian Colello. "BlackBerry will have to execute flawlessly over the next couple of years as well."

Chen said delivering on balance sheet improvements and other pledges in the last year has given BlackBerry a degree of credibility.

"Last year, even if they liked our technology they didn't believe we'd survive, so they didn't want to commit to our technology. That is changing," he told Reuters.

BlackBerry has some 3.4 million clients provisionally signed up for BES 12 who are potentially set to become paying clients early next year. Despite this, analysts remain cautious, noting BlackBerry is competing in a crowded field.

"They are executing in a market that is home to a number of extremely formidable, motivated, capable, deep-pocketed rivals," said IDC technology analyst John Jackson. "On one hand you have Citrix, IBM and SAP, and on the other it is (newcomers like) MobileIron and Good Technology." These companies compete with BlackBerry in such businesses as mobile data security and mobile device management.

Despite BlackBerry losing market share in devices, Jackson believes it still has opportunities in the enterprise segment as demands for data security in a mobile world are growing rapidly and many enterprise clients have yet to adopt the systems needed to come to grips with it.

"The mobile revolution has come and gone, companies are only now tooling up for it and it is up to BlackBerry to bring the right tools to the party," said Jackson.

(Editing by Amran Abocar and Jeffrey Benkoe)

[sidhuk]

Haha... so we have something in common after all - "not knowing what I really want in life".
In high school, the counselor asked "what do you want to in university next year?". I replied "I want to be an artist, an engineer, a neurosurgeon, and a scientist!". "All at the same time?" he asked. Yes, I said. LOL

And my answer was. " my time is too valuable for the school".
LoL.
Havnt regret for a second.


Edit: although finished my urban economics at the time when life was getting boring.

Posted using BlackBerry passport.

[CDM76]

BB:TO hit $13.08 today


Posted via CB10

[_dimi_]

Well the only thing Morgan and I really have in common.. is a deep, intense love for Maroon5.

Posted via CB10

[Superfly_FR]

Morgan, thanks for the details about you, yet, guys, let's prefer PM for this kind of stuff.
I've heard there are some a$$e$ or nasty regulation that could wound anyone, even loaded with the best intentions. (I've been warned recently about it, thx you-know-who-you-are )

So, as a rule of the thumb, let's remind we are virtual users and do not engage our personal responsibility here, nor take any statement, comment or opinion as gold or even an advice to act with our position.

Time to print the OP disclaimer again ...

Disclaimer : By no mean I intend to forecast a raise of the shares or any kind of advantage. You have to perform your own research. Positions, experiences, questions and suggestions made in this thread are personal views and NOT authorized investment instructions. Be aware that You can lose everything and neither I nor any contributor in this thread will be responsible for this under any circumstance.

[morganplus8]

Awesome background, glad to see you posting here. What software are you using to track the market, drill into blackberry price movement/charts/fundamentals and to trade?

Think we could all learn a lot from you.

I actually don't go into too much detail about my background, I never shy away from any question though. I have a philosophy that is premised on simplicity in finance, I have a short list of investment milestones that a company has to achieve before I will look at it. In addition, I do a tremendous amount of research on the company itself, in some cases I talk directly to management. I hold only a few positions and rarely trade positions as tax issues prevent me from that freedom (I'm considered a professional in the eyes of the CRA). As far as information about this company is concerned, the best source is this thread, seriously, there is no place on the planet where you can get this much timely information on BBRY. I have been an active member of many other sites and don't feel I get much out of them. Because I don't day trade much, I don't need to chart all day so software is not an issue. We have a perfectly good member on this thread, JLagoon, who pumps out a great 3-minute chart so why should I?

My humble contribution to this thread is to keep investment simple, not complicate it with too much data and to jump in there with some of my impressions of what "might" happen next. I don't want to pump a trade, and I don't want others to blindly think this is in any way easy. Patience and homework are the keys to beating the system and hopefully I show that in my posts. Don't know if I answered your question but the takeaway in all of this is to see as many CB members as possible, making money owning BBRY stock, using this venue.

All of my ideas and work is available to everyone for review so there is little to hide. A smart person would look at my experience, background, education and training while reading all of my posts and KNOW I haven't made millions on BBRY yet! Be cautious.

[Soumaila Somtore]

Well I just have a BAC G2, a DUT Compta (Superfly knowed what it is) and trying next week to take REG exam for the CPA, (wish me good luck please)

[morganplus8]

Well the only thing Morgan and I really have in common.. is a deep, intense love for Maroon5.

Posted via CB10

This is the first time I wanted to tell you to F/O !!! LOL

I hate them so much, I can't stand a band that pumps out retail garbage for the masses. Perhaps I'm jealous? Maybe, it's all about money and no creativity there. Thanks.

[Superfly_FR]

GL Soumaila !!!

edit : and sorry for the typo *blush*

[bungaboy]

Well I just have a BAC G2, a DUT Compta (Superfly knowed what it is) and trying next week to take REG exam for the CPA, (wish me good luck please)

Good luck! Sending positive waves and good vibes your way.

[Corbu]

Well I just have a BAC G2, a DUT Compta (Superfly knowed what it is) and trying next week to take REG exam for the CPA, (wish me good luck please)

Good luck et bonne chance, Soumaila!