[Charles Martin1]

What does background porno music sound like?? cough, cough...

Who's your daddy

[chrysaurora]

I hope BB announces a software update soon. I think stock will take care of itself as Z10 (an already awesome device) becomes even more phenomenal. Happy/Satisfied customers will contribute to positive buzz, create more sales and that'll drive stock price higher and higher.

[slipstream89]

phew we still above $13, enough to fight another day

[rocdynasty]

I hope BB announces a software update soon. I think stock will take care of itself as Z10 (an already awesome device) becomes even more phenomenal. Happy/Satisfied customers will contribute to positive buzz, create more sales and that'll drive stock price higher and higher.

i dont think a OS update will help the price of the stock.....

[leafs123]

Will BBRY please announce some hard sales numbers soon. We really need to know and every day that the vacuum exists is a problem. Come on, if the sales are that good, just tell us!

Nothing before March 28 is my guess. No point, focus on the US launch at the moment.

[morganplus8]

Are you serious??? Put aside the technicals my friend. There's a time when the ugliest stuff happens and it's called manipulation. I've been an economist for more than 15 years and I can assure you that the predictive potential from analyzing data from a stock like this is laughable.
Let's agree to disagree on that!!! I show my charts, post them to the board and they are there for everyone to see. So far, I trust my judgment. Not sure where you are going with the economic thought, my PhD is in Economics so please tell me what I don't know.

I am confident that big US business will drive this stock's price as far down as they can before the the release of hard facts that say otherwise. Even then they will smear any good news with their vile. The question for any investor is do you believe in this company and their potential to grow.

I absolutely believe that BlackBerry's rebirth is upon us and things will be looking rosie in about 6 months from now.
Couldn't agree more here.

Sounds like you have been burned pretty badly in the past. Let's call it a draw, I'll produce some charts for those who seem to want to see them, and you cover the economincs of trading stock. We are all in this to make money in the end here, cheers.

[drummer_god]

i've not seen BB close within $.02 three trading days in a row before:
$13.48, $13.48, $13.46

the corner of this wedge formation is really tough to get a read on.

[notfanboy]

morganplus8, are there peer-reviewed studies showing the efficacy of the kind of technical analysis you are doing?

I'll be honest and say I've always been skeptical of chartists. I pretty much think along the lines of Malkiel who opined that it's much like astrology. If there is scientific evidence for this, I'd of course change my mind.

[Shanerredflag]

Who's your daddy

[Shanerredflag]

morganplus8, are there peer-reviewed studies showing the efficacy of the kind of technical analysis you are doing?

I'll be honest and say I've always been skeptical of chartists. I pretty much think along the lines of Malkiel who opined that it's much like astrology. If there is scientific evidence for this, I'd of course change my mind.

There are "a couple" books on the subject
Amazon.ca: Business & Investing: Books: Economics, Management & Leadership, Industries & Professions & More

[hannakiel]

I believe that most of the research has shown that after trading costs, investing based only on charting does not out perform the markets. That being said it does not mean it is not useful because there is a good representation of market participants out there (including algos) that do incorporate charting in making their investment decision and if that is the case then you must respect it. IMHO, charting can be powerful when combined with good old fundamental research.

[lcjr]

Alicia Keys & the Keep Moving Projects with BlackBerry 10 - Ep. 2 - YouTube!

What the heck? She talked for 2 minutes and didn't say anything except how hectic crap is as she's on her personal jet. Must be real hectic having all those people falling all over you to do your hair and nails. Geeeez.

[kfh227]

All,

Realize that to many, investment is like religion. Don't say bad things about how someone invests. Accept it and move on. If not, be constructive.

My advice to those on the fence:
The speculators hall of fame consists of an empty room. However, I can point to many value investors that have outperformed the markets. Graham, Buffett, Klarman and our very own PREM Watsa.

[kfh227]

The reason stock splits can be viewed as bullish, the lower price allows smaller investors access to it. Of course 1 share at 400 or 10 shares of 40 are exactly the same, but if I have 160 to invest - now I can buy a few shares. It's that kinda thing. It's why Buffet came up with Berkshire Minis :-)

Are you referring to why two classes of stock. One being smaller than the other?

If so, the reason is that funds appeared that literally were nothing but shares of Berkshire that allowed smaller people to be able to buy fractional shares. Despising the fact that management fees were going to these funds, buffett created two classes of stock thusly obsoleting such funds.

[silversun10]

I believe that most of the research has shown that after trading costs, investing based only on charting does not out perform the markets. That being said it does not mean it is not useful because there is a good representation of market participants out there (including algos) that do incorporate charting in making their investment decision and if that is the case then you must respect it. IMHO, charting can be powerful when combined with good old fundamental research.

probably it is more like an art, a good artist(chartist) obviously way outperforms the market
also it is hard to copy what somebody else does considering things such as time frame, goals and personal psychology

[Shanerredflag]

I believe that most of the research has shown that after trading costs, investing based only on charting does not out perform the markets. That being said it does not mean it is not useful because there is a good representation of market participants out there (including algos) that do incorporate charting in making their investment decision and if that is the case then you must respect it. IMHO, charting can be powerful when combined with good old fundamental research.

Yes^^^...and here is a great read for anyone (everyone) should they be inclined...baiscally there are four stages, and things (indicators) to watch for and yes charts are used:

http://www.amazon.ca/Stan-Weinsteins...bUvbUpU8039630

Or, if you have a couple grand/month to subscribe to his news/chart letter:
Stan Weinstein, Secrets For Profiting


Everything should be taken into consideration and then it's still a crap shoot half the time IMHO but it has proven to work...huge funds pay Stan millions a year for his guidance

[Shanerredflag]

And here is the other M8 that dominates the ups and downs real well:

[Alexander Tran]

morganplus8, are there peer-reviewed studies showing the efficacy of the kind of technical analysis you are doing?

I'll be honest and say I've always been skeptical of chartists. I pretty much think along the lines of Malkiel who opined that it's much like astrology. If there is scientific evidence for this, I'd of course change my mind.

Honestly, I think that those who do not know technical analysis are missing out. As a charter, we can't predict the future 100%, but we can get a general idea of where the stock will go. Especially with patterns, we can come up with a 70% probability that a stock will break out in a specific direction to a reasonable target. Indicators are also extremely helpful, as they help you determine when a stock is overbought or oversold, hence allowing you to easily assess the risk and reward. RIMM for example, someone who doesn't know tech would be that one person who bought at $18 even though our indicators showed it was overbought. Techs also give us a heads up on when there's a reversal coming up. For example, before the stock market crash, technicals were already looking pretty ****ty. If you were a tech trader, you'd be already shorting the stock before regular investors even realize that we're heading into a recession. Especially with options where timing is extremely important, you need to know your technicals. Overall technical analysis allows us to pro-actively see a reversal in trend, assess the risk/reward, and acquire a general probabilty a stock will go in a certain direction.

[Alexander Tran]

Honestly, if technicals were bs, there would not be all these day traders and swing traders running around. There will also not be people who could make a living off a day trading career. AND! People will not be calling Morganplus8 the "Prophet" LOLOLOL.

[slipstream89]

i never really studied tech analysis but im enjoying it alot, might get into it as a career path. I'm already in investments shouldn't be a hard switch

[Sqoon]

Charts are awesome and pretty.
Drawing lines on charts make them even better.

Posted via CB10

[Nindia]

I believe all different types of ways of trading have their own merits. I'm a fundamental investor at heart, but I also use technicals to gauge volatility and whether or not it's "safe" to use a little margin.

It is what it is...I think to say that one way is better than the other is foolish.

In our case, I think BBRY is fundamentally sound...and if I had more time on my hands, I would use technicals as triggers to do more frequent trading. For the time being though I'm just holding heavy and holding long.

[_dimi_]

They'll release Q4 figures pre-market "to accommodate closed markets on Good Friday, March 29th."

Take it for what it's worth

[_dimi_]

Oh yes, and:

Scheduled Quarterly Results Conference calls for FY 2014
Q1: Friday, June 28, 2013, before markets open
Q2: Friday, September 27, 2013, before markets open
Q3: Friday, December 20, 2013, before markets open
Q4: Friday, March 28, 2014, before markets open

[abouthsu]

Yes^^^...and here is a great read for anyone (everyone) should they be inclined...baiscally there are four stages, and things (indicators) to watch for and yes charts are used:

http://www.amazon.ca/Stan-Weinsteins...bUvbUpU8039869

Or, if you have a couple grand/month to subscribe to his news/chart letter:
Stan Weinstein, Secrets For Profiting


Everything should be taken into consideration and then it's still a crap shoot half the time IMHO but it has proven to work...huge funds pay Stan millions a year for his guidance

:thumbup: would you say this is a good book and starting point of learning charts for a dummie like myself as well? Easy to read and understand etc.