[Corbu]

That amount would account for a bond conversion in this case, we need to know the date that they called the bonds in for stock.

Would this help to narrow it down?

Schedule 13D is an SEC filing that must be submitted to the US Securities and Exchange Commission within 10 days, by anyone who acquires beneficial ownership of more than 5% of any class of publicly traded securities in a public company.

We know they filed today.

2/27/2015 88,269,202 7,943,877 11.111602
2/13/2015 90,272,146 7,777,553 11.606754
1/30/2015 97,681,923 16,211,710 6.025393
1/15/2015 125,367,832 21,627,814 5.796602

The 27th of February was exactly 9 business days ago...

[Corbu]

OT:
SHAREHOLDERS RE-ELECT ALL 10 DIRECTORS AT THE WALT DISNEY COMPANY ANNUAL MEETING | The Walt Disney Company

Based on preliminary results, all Disney Directors standing for election were re-elected to the Board:

Susan E. Arnold
John S. Chen
Jack Dorsey
Robert A. Iger
Fred H. Langhammer
Aylwin B. Lewis
Monica C. Lozano
Robert W. Matschullat
Sheryl K. Sandberg
Orin C. Smith

[Munx]

Not so, you would see short interest drop as they remove the hedge and take up stock, short interest plunged in the second half of January/2015:

1/30/201597,681,92316,211,7106.025393
1/15/2015125,367,83221,627,8145.796602

Read more: BlackBerry Limited (BBRY) Short Interest - NASDAQ.com

That amount would account for a bond conversion in this case, we need to know the date that they called the bonds in for stock.

No. Short interst would have increased when the debt was issued if lenders were hedging around it. At the end of 2013 and throughout the first half of 2014 short interest either fell or was flat.

Posted via CB10

[Munx]

Would this help to narrow it down?



We know they filed today.

2/27/201588,269,2027,943,87711.111602
2/13/201590,272,1467,777,55311.606754
1/30/201597,681,92316,211,7106.025393
1/15/2015125,367,83221,627,8145.796602

The 27th of February was exactly 9 business days ago...

Where is the corresponding increase in short interest when they put on the trade? It's just not there.

Posted via CB10

[spiller]

I'm not too bright so someone will correct me

They owned $300M debt bonds. While they owned those convertible bonds they picked up 30M shares short to hedge their investment.

Now they converted debt to shares, thus covering their 30M shares short, which dropped the short interest 30M shares.

I think Munx is asking what date they hedged and went short, but that would be anytime since the bond offering over a year ago.

Or...I'm completely off


Posted via CB10

[Munx]

I'm not too bright so someone will correct me

They owned $300M debt bonds. While they owned those convertible bonds they picked up 30M shares short to hedge their investment.

Now they converted debt to shares, thus covering their 30M shares short, which dropped the short interest 30M shares.

I think Munx is asking what date they hedged and went short, but that would be anytime since the bond offering over a year ago.

Or...I'm completely off


Posted via CB10

Pretty much. It was meant to be a rhetorical question. The historical short interest data would show a sharp uptick in short interest which simply isn't present. Further, if they employed such a strategy it is likely they would have done so around the debt deal - short interest actually dropped around the debt deal (2013) and stayed flat for most of 2014. Finally, I would suspect that if they implemented such a strategy, the chances of other lenders doing so would increase and the short interest would have moved by more than 30M.

Nice theory but the data doesn't support it.

Posted via CB10

[sidhuk]

Any one remember that large amount of puts were moved forward? About the same amount?
And they suppose to expiring in march some times.
Posted with BlackBerry Passport

[W Hoa]

I would suspect that if they implemented such a strategy, the chances of other lenders doing so would increase and the short interest would have moved by more than 30M.

Nice theory but the data doesn't support it.

Interestingly the analyst we've all come to hate of late, Goldman Sachs analyst Simona Jankowski, would disagree with you:

With the shares up over 80% since the 2013 lows, short interest has declined significantly. Also, we assume that some portion of the shares that are short are for hedging the $1.25bn convert, making the “real” underlying short interest less than the 17% of total shares outstanding.

[Corbu]

BlackBerry vying to woo local retailers | The Jakarta Post

Canadian-based smartphone manufacturer BlackBerry Ltd. plans to heavily monetize its application services amid declining sales of its devices, with Indonesia becoming one of its most important consumer markets.

BlackBerry senior vice president for emerging enterprise sales, Matthew Talbot, said on Thursday that his firm was monetizing its services by partnering with advertisers from both brick-and-mortar retailers and e-commerce players.

“There’s a good opportunity to bring more and more merchants to the table as there is a large volume of retailers that are emerging in Indonesia,” he said, adding that Indonesia was the second fastest growing e-commerce market after China.

Indonesia’s e-commerce has been growing exponentially through the years, supported by higher Internet penetration in the country that will reach 55 percent in 2017, according to financial services company UBS.

The country’s e-commerce market is forecast to grow to US$25 billion next year, up from around $8 billion in 2013, according to e-commerce provider Vela Asia.

E-commerce marketplaces Qoo10, Tokopedia and Elevenia were among those that advertised through BlackBerry’s virtual shop as well as using BlackBerry’s e-money application dubbed BlackBerry Messenger Money (BBM Money), Talbot said.

Globally, BlackBerry recorded an average of 400 million advertisement requests per day in January, a surge from 300 million in December last year, he went on.

Talbot told The Jakarta Post that the monetization of BBM in the country had a bright outlook as it had a captive audience that continued to grow organically in the market.

While the firm’s share in the country’s smartphone market has been eroded by its global peers — such as Apple, Samsung and LG — its BBM application remained the most popular messaging application in the country. According to a Nielsen’s report published last year, almost 80 percent of the country’s smartphone users use BBM for about 23 minutes a day on their devices.

The figure is far higher compared to figures for WhatsApp and LINE, which netted 57 and 30 percent of smartphone users, with time spent on the chat applications at six and five minutes a day, respectively.

[awindsr]

http://www.cso.com.au/article/570295...bes-bb-10-bbm/


BlackBerry has no fix for FREAK in BES, BB 10 and BBM - CSO


BlackBerry has confirmed BlackBerry OS 10, BES 12 and 10 and other products are affected by the FREAK flaw, but it has no patch.

BlackBerry, it seems, is on the back foot in responding to the now infamous FREAK flaw.

Apple, Microsoft, Google and Cisco this week rolled out fixes to protect their products against a man-in-the-middle attacker that could force SSL connections onto a weak and easily broken cipher suite. BlackBerry however doesn�t have a patch yet and says it is still working to determine the full impact to its products.

BlackBerry products have been exposed to past widespread OpenSSL bugs like Heartbleed but the handset maker hadn�t until Thursday confirmed which products were affected by FREAK.

The response so far doesn�t support its messaging as the secure choice for the enterprise and to make matters worse, it hasn�t got a fix for consumer and enterprise products affected.

Brand Post Audits and Certification Not Enough When Managing Identity
More from NetiQ
Its advisory on Thursday confirmed products affected include BlackBerry 10 OS, BlackBerry 7.1 OS, all versions of BES 12 and BES 10, all versions of Secure Work Space, and all version of BBM on BlackBerry 10 and Windows Phone. Meanwhile, BBM for Android below 2.7.0.6 and BBM on iOS earlier than version 2.7.0.32 are both vulnerable. The full list of affected and unaffected products can be found here.

The FREAK flaw was disclosed by the OpenSSL Project on January 8 and was later explained in detail by researchers in France and Microsoft on March 3.

BlackBerry said there are no workarounds to fix the flaw and that it currently does not have a fix to issue customers.

�For those products that are affected, we are diligently working to determine the full impact of the issue and confirm the best approach for protecting customers,� it said in the advisory.

Read more After leak, BlackBerry yanks BBM from App Store, disables Android app
�BlackBerry may provide further updates as needed while our ongoing investigation continues. This notice will also be updated as affected BlackBerry products are fixed.�

BlackBerry also noted that an OpenSSL fix is available for BlackBerry products.

�This weakness could allow an attacker who is able to intercept and modify encrypted SSL traffic to force a weaker cipher suite. This weaker cipher suite could be broken by a brute force attack within a finite time. In order to exploit this vulnerability, an attacker must first complete a successful man-in-the-middle (MitM) attack. This issue was addressed in OpenSSL 1.0.1k and a fix is available for integration into affected BlackBerry products,� the company said.

The only upside for customers using affected products is that an attacker must successfully launch a MITM attack on a secure connection to exploit the vulnerability.

�For BES12, BES10, Blend and Link, this would additionally require that the attacker compromise the intranet,� BlackBerry said.

�This issue is further mitigated for customers sending data that is encrypted before being sent over SSL; for example, data encrypted by S/MIME or PGP will still be protected,� it added.



Posted via CB10

[awindsr]

http://business.financialpost.com/20...#__federated=1

BlackBerry Ltd lags Apple Inc and others in issuing fix for �Freak� security bug

BlackBerry Ltd. said Thursday it is working to update some of its products to fix a recently discovered software flaw called �Freak� that could enable hackers to access users� private communications or launch malicious cyberattacks.

Don't 'Freak' out over the latest Internet security scare

�Freak� is the latest security vulnerability to wash across the Internet. It affects a variety of platforms, including Google Inc.�s Android operating system, Apple Inc.�s line of iOS-based devices and also Mac and Windows computers.

But don�t freak out just yet because, according to a number of security experts, carrying out attacks related to Freak SSL exploits is difficult. Keep reading.

The Waterloo, Ont.-based smartphone company said it has not received any reports of attacks targeting its customers due to the security vulnerability, which came to light last week and impacts mobile and desktop web browsers from several major technology companies.

�BlackBerry is working on updates for impacted products,� BlackBerry spokeswoman Kim Geiger said in an email Thursday. �While investigations are ongoing, BlackBerry is taking appropriate actions to protect our customers from the industry OpenSSL vulnerability called �FREAK.'�

Apple Inc. and Microsoft Corp. have both released software updates to address the bug, and Google Inc. said last week it had developed a patch that it has provided to device makers and mobile carriers that sell products using its Android platform.

Researchers found the flaw allowed them to force weaker encryption standards on browser users visiting specific websites. After a site was compromised, they were reportedly able to crack the watered-down encryption in mere hours.

�Once cracked, hackers could steal passwords and other personal information and potentially launch a broader attack on the Web sites themselves by taking over elements on a page, such as a Facebook �Like� button,� the Washington Post reported last week.

Some security experts have downplayed the significance of the threat to average web users and insist launching an attack using the vulnerability would be difficult to carry out.

BlackBerry�s Geiger said in order to execute this type of attack on its platforms a hacker would have to �compromise a customer�s intranet� in addition to imposing the weaker browser encryption.



Posted via CB10

[awindsr]

http://www.avafin.com/articles/1039785.html

Examining Block Trading Activity and Options for BlackBerry (BBRY)

Block trades help investors understand the sentiment of large financial institutions. A total of 35 block trades were executed during the last trading session, typically at least 10,000 shares or more represent a single block unit. Further analysis reveals that 268.37K shares were bought and 300.51K shares were sold. The bought/sold ratio for shares of BlackBerry is 0.89, representing a negative net cash flow of $,320,363 out of the stock.

Institutional investors also took positions in options where a total of 14.22K contracts was traded. Specifically, 11.42K call and 2.81K put contracts were traded during the last session yielding a 0.25 put/call ratio.

BlackBerry (BBRY) opened today at $9.95 and is currently trading at $9.93, up $0.03 (0.30%) during last trading session. Within the last week, the shares have lost -8.67% of their value. The daily low is $9.90 and the high is $10.05. The trading volume of 7.37M is below the average volume of 9.24M shares. BBRY is trading above the 50 day moving average and higher than the two hundred day moving average. The technical momentum Relative Strength Index indicator shows oversold conditions. The stock's 52 week low is $7.01 and 52 week high is $12.63.

Posted via CB10

[awindsr]

https://n4bb.com/logintc-factor-auth...y-10-launched/

LoginTC Two-Factor Authorization App for BlackBerry 10 Launched

Security when using your mobile device is a top priority for BlackBerry users. This is specially true when you handle sensitive information constantly. LoginTC � world class two-factor authentication solution � has pushed their latest rebuilt app exclusively to BlackBerry 10.

The LoginTC native BB10 app is available for download in the BlackBerry World today, and it supports every BlackBerry 10 device released so far.

Check out the official press release below, and visit BlackBerry World for more information on LoginTC�s BlackBerry 10 app.

BlackBerry Users Get Enhanced Security and User Experience with Launch of LoginTC Native App for BB10

LoginTC � a leading two-factor authentication solution � releases new native app for BlackBerry� 10 OS in an effort to provide BlackBerry users with simple, secure, scalable & cost-effective 2-factor protection for access to online assets.

March 12, 2015 (Ottawa, ON) // BlackBerry users seeking enhanced login security via two-factor authentication (2FA) can now protect their digital assets without sacrificing an optimal user experience, as Cyphercor Inc. releases its native LoginTC app for Blackberry 10 (BB10).

Rebuilt from scratch, the new app, made exclusively for BlackBerry� 10 OS, is primed to provide the highest quality of performance � from stability to speed and resolution. All BlackBerry 10 devices are supported: BlackBerry Q10, BlackBerry Z10 and BlackBerry Passport.

An exciting key feature of LoginTC�s BB10 app is language localisation, which means the app is available in both of Canada�s official languages: French and English. The app will automatically detect the user�s language preference based on existing settings on his or her BlackBerry.

Also exciting, this release marks the beginning of LoginTC�s transition to user-empowered testing across all mobile platforms. User-empowered testing gives end-users who are not administrators the control to run diagnostics, which ensure the system is functioning properly, directly from their devices without admin assistance. The marriage between user and administrator powered protection further solidifies the security of any establishment on two levels: individually and as a cohesive whole.

�Our goal is to deliver an exceptional and safe user experience that meets our clients� needs, regardless of what mobile device they use � whether that�s an Apple iPhone, a Google-driven smartphone or desktop, a tablet or a BlackBerry,� says Hernan Matute, CEO of Cyphercor.

He continues, �That also involves appealing to both administrator and end-user so they work together to create the environment necessary for achieving maximal security.�

In a mobile market that prioritizes the development of apps for iOS and Android, Cyphercor is committed to ensuring that its BlackBerry customers, like all its customers, remain fully protected from the threat of cyberattacks and stay fully satisfied with the products they use to do so.

The app is available for download from the BlackBerry World app store for free at http://appworld.blackberry.com/webst...tent/59952837/.

About LoginTC

LoginTC is an enterprise-grade, cloud-based two-factor authentication (2FA) solution that leverages virtualization and mobile investments to complement and protect existing IT practices and infrastructure. It delivers an elegant and supremely secure online experience, scalable for millions of users, without significant costs. End-users install the LoginTC app on their mobile device (Blackberry, Apple, Android) or Google Chrome, converting their device or desktop into a second factor credential by loading administrator-issued tokens in the app. Future first-factor (username/password) access attempts to a LoginTC-enabled VPN or corporate application push a second factor request to the device. The rich app interface then prompts users to approve or deny the access request.

Companies ranging from SMBs to enterprises � including LTG Federal, Infostrada and Harlequin � as well as government organizations already trust LoginTC. This can be attributed to LoginTC�s unique and sought after characteristics: no Personally Identifiable Information (PII), secure remote password (SRP) protocol protection, push notifications rather than SMS for worldwide access, and fraud detection integration with dynamic CONTEXTUAL information for real-time threat alert.

Cyphercor Inc., the developer of LoginTC, is headquartered in Ottawa. For more information, visit https://www.logintc.com/.

Posted via CB10

[awindsr]

http://cnafinance.com/blackberry-bbr...portfolio/2205

BlackBerry (BBRY) Stock | Why It Should Be In Your Portfolio

BlackBerry (BBRY) stocks have been a major topic of discussion in the tech market lately. While the stock seemed to be doing pretty well, and the outlook for the company was moving in the right direction, Goldman Sachs downgraded its rating of BlackBerry (BBRY) to �Sell� and reduced their target price. Following the unfounded downgrade, BlackBerry (BBRY) stocks fell dramatically in value. However, it seems as though the company is back on the uptrend; as most investors expected it to be. So, today I thought it would be fun to point out the most compelling reasons that BlackBerry (BBRY) should be in your portfolio regardless of what Goldman Sachs says.

BlackBerry (BBRY) Stock Is Dirt Cheap!

Thanks to Goldman Sachs, BlackBerry (BBRY) stock is dirt cheap at the moment. Currently, the stock is under $10 per share following the downtrend we saw earlier in the week. However, over the next 12 months, the stock has the potential to rise to $17 per share if all goes right. That�s the type of price movement that would make just about any investor�s mouth start watering.

Invest Where The Big Money Goes

Big money seems to be making bets that BlackBerry (BBRY) stock will indeed turn around. As a matter of fact, in the last quarter, billionaire investors and hedge fund managers showed how interested they were in the stock. Here�s what we saw with regard to big money investing in BlackBerry (BBRY) in the last quarter�

Hedge Fund Managers � Nelson Obus, Paul Tudor Jones, Irving Kahn all either started investing in BlackBerry (BBRY) or increased the size of their stake in the company in the last quarter.
Billionaires � Prem Watsa owns a $512 million position in BlackBerry (BBRY) stock and Jim Simons increased his stake in the company; now controlling 3.3 million shares, a nearly $36 million stake in the company!
BlackBerry (BBRY) Isn�t Just A Cell Phone Company Anymore

When you think of BlackBerry (BBRY), chances are that you think of the old phones with keypads that brought light to the smartphone era. While BlackBerry (BBRY) hasn�t given up and probably will never give up with regard to smartphones, the company has grown to be much bigger than a cell phone manufacturer.

These days, we live in a world of the internet of things. Companies all over the world are racing to connect as many people to the online community as possible. This drastic change in networking isn�t all focused online. As a matter of fact, it takes both hardware and software to make this technology even possible. These open the world to an entirely new industry, the industry of worldwide networking.

In this industry, the demand is exponential, the supply is minimal, and the potential for profit is unreal! The best part in all of this is that BlackBerry (BBRY) has a very big hand in this industry!

Posted via CB10

[morganplus8]

I'm not too bright so someone will correct me

They owned $300M debt bonds. While they owned those convertible bonds they picked up 30M shares short to hedge their investment.

Now they converted debt to shares, thus covering their 30M shares short, which dropped the short interest 30M shares.

I think Munx is asking what date they hedged and went short, but that would be anytime since the bond offering over a year ago.

Or...I'm completely off


Posted via CB10

You are in fact right, Munx is a little biased here, thinks short interest can only go up without considering the current market at that time, or call/put options etc.. He needs to think outside the box. It is literally impossible to claim that short interest should have gone up therefore they didn't hedge. That's silly talk.

[kfh227]

lol how would that be illegal ? Anyone can buy any amount of shares on the open market

Intentionally manipulating the price of a security is not. And that is the scope of the question. It;s a grey area to say the least.


Manipulation - SEC.gov | Manipulation

Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can involve a number of techniques to affect the supply of, or demand for, a stock. They include: spreading false or misleading information about a company; improperly limiting the number of publicly-available shares; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security. Those who engage in manipulation are subject to various civil and criminal sanctions.

[Bacon Munchers]

as i understood that bond deal was 5 or 6 years. current share price is around $10.
1. either they need the money?
2. expecting share price to rise?
3???

edit: what would be really great if blackberry purchased these shares on the open market?

1. I doubt it

2. Absolutely!

3. BlackBerry may have an incentive in place for this move.
3a. BlackBerry knows that even with the extra shares now available to shorters through dilution, they are confident that they have enough plays in effect to chase away the short interest in the coming months.

4. (wild card) BlackBerry has on an awesome poker face.

[Heinz Katchup]

This Canadian fund manager is now BlackBerry Ltd�s third-largest shareholder - FINANCIAL POST

[Corbu]

FWIW:
Since we are talking short interest, this table shows it is at 16.69%, the lowest it has been for the longest while... certainly since 02.15.13:

[Shanerredflag]

OT: Here is to another great season!!







Classically Posted.

[spiller]

The SecuSuite deal closed in December, so that will be an acquisition for this ER I believe. How much do we think that is, and how will it impact the ER?

[Bacon Munchers]

Here comes a potential future partner of QNX:


http://video.cnbc.com/gallery/?video=3000361081


Edit: (not) the latest from the man. Thanks Corbu:



The girl tries to probe him. I like his smirk.
Judging from his candid expression, It is easy to think that we are is good standings for this ER.

[KenFletch]

Exactly what I was about to write:

Some 30M shares have been added to the pool, so shares have been diluted a bit now.
EPS will be negatively impacted. If JC was expecting to break-even, this extra 30M might bring our EPS down to negative

Yes but, the share number has already been factored in.

The debentures have beenacting as an anchor drawing the price back. It should float up a little better.

Also the dentures in a sense represent non-liquid shares. Now these ones are liquid.

I expect on balance this is more good than bad.

Posted with my flash Passport

[Munx]

Germany. Saturday....?

http://www.zdnet.com/article/is-bloc...might-just-be/

Posted via CB10

[Corbu]

The latest from the man:



The girl tries to probe him. I like his smirk.
Judging from his candid expression, It is easy to think that we are is good standings for this ER.

Thanks BM. Just for the record, that interview is from November 14, 2014.