[AngryEdmontonian]

He is wrong. ;-)

That would mean between institutions and shareholders like us, we'd own 134.7% of the stock...Makes total sense....NOT!

Doesn't shorting technically add phantom shares to the total?

1 share owned, 1 share shorted = 2 shares?

I'm slow though so I'm probably wrong, but I like arguing.

[bungaboy]

So Telus and BELL are ticked off that Rogers got the white Q10 it seems.

Bell also wants Canadians to trade-in their old BlackBerry

By Ian Hardy on May 23, 2013 at 3:42pm in Bell, Mobile News

TELUS was first to launch a promo that gave a $75 credit to customers who decided to trade-in their old BlackBerry device. There was a bit of speculation surrounding this promo as one would think it would favour customers to transition to either the new Z10 or Q10, but instead they directed the credit to users signing up on a 3-year contract with a purchase of a white “Samsung Galaxy S III, Samsung Galaxy S4, Samsung Galaxy Note II, Samsung Galaxy Ace II X, iPhone 4, iPhone 4S and iPhone 5. All BlackBerry models except BlackBerry Q10 and BlackBerry Z10 are eligible.”

Bell has now hopped on board the exact same promotion, with the $75 credit available on the following white devices “iPhone 5, iPhone 4S, Samsung Galaxy S4, Samsung Galaxy Note II, and Samsung Galaxy S III. All BlackBerry models except BlackBerry Q10 and BlackBerry Z10 are eligible.”

Seems like there’s possibly some serious tension of Rogers having the exclusivity on the White BlackBerry Q10.

Source: Bell

[bigbbrybeliever]

Ok so you've just confused me. If there was no short interest at all, and 60% is institutionally owned, we'd have 40% left over for the individual investor. Now add the short interest, in which the shares are spoken for but loaned out, where do you get 74.7% from?

Hope this will help you.
Say, at the beginning, a company XYZ issued 100 shares (outstanding shares). 60 and 40 shares were bought by Mr. A (institution) and Mr. B (folks like us), respectively.
As the trading going on, Mr. A loaned out 20 shares and Mr. B loaned out 10 shares to the short sellers who sold the 30 shares to Mr. C (other folks like you and me).
Now, the share ownership becomes:
Mr. A = 60 (note: he still owns the 20 shares he loaned out in his account) or 60% outstanding shares
Mr. B = 40 (note: he still owns the 10 shares he loaned out in his account) or 40% outstanding shares
Mr. C = 30 or 30% outstanding shares
While Mr. D (the short sellers) = - 30 or -30% outstanding shares.

A few things to add.
1. The sum of ownership is still 100% but the % shares shorted is negative % in the sum.
2. For institutions, they can receive certain $ for loaning the shares to the short sellers but they still report the loaned out share in their quarter report as owned.
3. For retail inventor like you and I, our shares are kept by the brokerage firms such as TDAmeritrade, Etrade etc. Those brokerage firms can loan out the shares without our knowledge and consensus and collect the fee from the borrower for the shares.

[JLagoon]

@ AngryEdmontonian

Right, a shorted stock is a borrowed stock from a different owner with the gambling intention that the stock would become less valuable, which the borrower would buy to cover. Essentially, making money by buying at a lower price to "return" the borrowed stock.

I hope, the daily chart cycle stays in course with the TA, as Morgan mentioned as well. We need news from Blackberry so bad.

[take99]

Which is why when a squeeze happens with the short interest so high it is usually epic in nature.....just sayin

[cjcampbell]

Hope this will help you.
Say, at the beginning, a company XYZ issued 100 shares (outstanding shares). 60 and 40 shares were bought by Mr. A (institution) and Mr. B (folds like us), respectively.
As the trading going on, Mr. A loaned out 20 shares and Mr. B loaned out 10 shares to the short sellers who sold the 30 shares to Mr. C (other folks like you and me).
Now, the share ownership becomes:
Mr. A = 60 (note: he still owns the 20 shares he loaned out in his account) or 60% outstanding shares
Mr. B = 40 (note: he still owns the 10 shares he loaned out in his account) or 40% outstanding shares
Mr. C = 30 or 30% outstanding shares
While Mr. D (the short sellers) = - 30 or -30% outstanding shares.

Thank you. I got how you came to your conclusion eventually

[Bugmapper]

Don't forget that about 30 million shares are issued but not part of the float because they are held by insiders so actual float is 494.5 million.

Posted via CB10 on a Z10 root device!

[BBNation]

Wooping over 180 mil short including tsx:
Shorts are confident or desparate. Who can answer it ?

Settlement Date Short Interest Avg Daily Share Volume Days To Cover
5/15/2013 170,632,578 29,749,364 5.735671
4/30/2013 164,664,363 25,624,110 6.426150
4/15/2013 164,340,145 35,892,399 4.578689
3/28/2013 155,699,090 67,075,106 2.321265
3/15/2013 155,005,574 53,212,793 2.912938
2/28/2013 147,214,984 45,208,011 3.256392
2/15/2013 136,511,698 81,221,373 1.680736
1/31/2013 129,491,496 96,276,614 1.344994
1/15/2013 135,121,295 50,178,584 2.692808
12/31/2012 137,065,866 51,326,252 2.670483
12/14/2012 119,621,568 41,062,428 2.913164
11/30/2012 113,693,228 57,474,757 1.978142
11/15/2012 104,202,426 23,119,389 4.507144
10/31/2012 95,397,618 13,252,696 7.198356
10/15/2012 95,478,104 23,520,126 4.059421
9/28/2012 87,545,698 44,631,517 1.961522
9/14/2012 82,637,081 16,214,596 5.096463
8/31/2012 87,479,971 12,013,429 7.281849
8/15/2012 86,666,209 22,117,373 3.918468
7/31/2012 89,556,616 16,988,533 5.271592
7/13/2012 92,143,011 28,181,362 3.269644
6/29/2012 85,415,857 25,280,116 3.378776
6/15/2012 73,419,586 16,658,064 4.407450
5/31/2012 66,789,478 16,119,081 4.143504
5/15/2012 63,494,931 20,741,140 3.061304

[Scott Lefebvre]

Theoretically how many more shares can be shorted? Can it reach 100% of
the free float? This sure seems to be setting up for a world of hurt for some.

[sparkaction]

I sorry for being "Debbie Downer" but remember that pooh pooh can happen and maybe us longs are the fools! Invest with your brain and not your love of the product. I have yet to see a Z10 or a Q10 on a daily basis in the wild.

Have a good weekend!

[Andrew4life]

So I haven't been updating the BBRY short interest chart as quickly and diligently as I used to but it's because it's the same old same old. The graphs you see below show that the short interest is going pretty linearly.

With 170 Million shares short, we now have 35% of the free float short. And with over half of the shares being closely held internally and by institutional holders, we're talking about very very intense months ahead of us. If we get good numbers in the next month, coupled with good reception of the Q10 after launch, we can start to see things get interesting.

We are of course not out of the woods and if things go badly, bbry could still crash. But with so many shorts, downsides will likely be less, but upsides are unlimited!

Good luck!

[cjcampbell]

I sorry for being "Debbie Downer" but remember that pooh pooh can happen and maybe us longs are the fools! Invest with your brain and not your love of the product. I have yet to see a Z10 or a Q10 on a daily basis in the wild.

Have a good weekend!

Pooh is gonna get stuck with his paw in the honey pot.

[Scott Lefebvre]

I sorry for being "Debbie Downer" but remember that pooh pooh can happen and maybe us longs are the fools! Invest with your brain and not your love of the product.

Have a good weekend!

True but the liquidation value of BB will never be zero, so the way i figure
worst case my loss will be 30% but the upside potential could triple or
more over the next year or so. Your wright invest with your head and
know there are no sure things, except of course BB.

[Andrew4life]

True but the liquidation value of BB will never be zero, so the way i figure
worst case my loss will be 30% but the upside potential could triple or
more over the next year or so. Your wright invest with your head and
know there are no sure things, except of course BB.

If BlackBerry gets into trouble, they could borrow money. In that case, if they do liquidate eventually, money will go to creditors and you won't get anything. Thats how it usually works.
Most companies don't just one day decide not to do business and sell everything and pay their share holders with the money they get from liquidation.

[Zarpan]

I sorry for being "Debbie Downer" but remember that pooh pooh can happen and maybe us longs are the fools! Invest with your brain and not your love of the product. I have yet to see a Z10 or a Q10 on a daily basis in the wild.

Have a good weekend!

The part about investing with your brain is good advice. However, it is also good to think rationally about how many Z10/Q10s you are likely to see in the wild on a daily basis anyway.

If BB10 devices had a 15% market share in Canada since launch, that would mean they've sold around 550,000 units in Canada to date.

This is based off of 1 million smartphones per month x 15% share x 3.7 months.

There are 25 million adults in Canada, so 550,000 units means about 1 in every 45 adults would have a BB10 device by now.

Personally, I only see a handful of phones in the wild on any given day, so I'd could go weeks without seeing a BB10 device in the wild even with a 15% market share since launch.

[Bugmapper]

The part about investing with your brain is good advice. However, it is also good to think rationally about how many Z10/Q10s you are likely to see in the wild on a daily basis anyway.

If BB10 devices had a 15% market share in Canada since launch, that would mean they've sold around 550,000 units in Canada to date.

This is based off of 1 million smartphones per month x 15% share x 3.7 months.

There are 25 million adults in Canada, so 550,000 units means about 1 in every 45 adults would have a BB10 device by now.

Personally, I only see a handful of phones in the wild on any given day, so I'd could go weeks without seeing a BB10 device in the wild even with a 15% market share since launch.

Depending on your circle of friends and colleagues..


Posted via CB10 on a Z10 root device!

[Zarpan]

Depending on your circle of friends and colleagues..


Posted via CB10 on a Z10 root device!

Oh yeah, I meant people I don't see often (for in the wild) - such as other people at the restaurant, on the bus, etc...

[Scott Lefebvre]

If BlackBerry gets into trouble, they could borrow money. In that case, if they do liquidate eventually, money will go to creditors and you won't get anything. Thats how it usually works.
Most companies don't just one day decide not to do business and sell everything and pay their share holders with the money they get from liquidation.

Agreed, but before that happens there should be plenty of signals to jump
ship before it hits rock bottom. Right now BB's cash reserves still seem
pretty healthy, I don't see them borrowing money just yet.

[take99]

Kinda like what bbry has been talking about, your personal cloud, now at a city level

Opting for On-Premise File Storage Over the Cloud

[leafs123]

If there was a time for BBRY to crash, it was 6 months before they had launched their platform when everyone thought they would burn through the cash and not make it to BB10. Here we are, 6 months later, with a brand new platform launched and I think they are over that phase.

I think the lack of action on the stock is a contributor to some of you talking about BBRY still crashing and to that, I say no chance. The company is newer, fresher and healthier than before.

[W Hoa]

Has anyone heard or read about why BBRY is changing the day it reports earnings? They have reported Thursday after market close since forever and are now reporting Friday before market opens. This will happen for the next several quarters.

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

[cjcampbell]

Kinda like what bbry has been talking about, your personal cloud, now at a city level

Opting for On-Premise File Storage Over the Cloud

Smart move. I'm not a fan of cloud storage for secure data. It's too much of a risk. Great for file sharing but if there's anything of real importance, how can one put there faith in an external server? Having it in house is the smarter way to go. It may be more cost intensive in the short term but could prove to be infinitely more valuable in the long term.

[cjcampbell]

Has anyone heard or read about why BBRY is changing the day it reports earnings? They have reported Thursday after market close since forever and are now reporting Friday before market opens. This will happen for the next several quarters.

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

Not sure why but it seems to have started on the last earnings. They cited the fact that it was a holiday the next day for the reason and had the schedule moving forward available then. I like it. On the Thursdays, it was always AM now it's done PM and gives the day, in real time, to react to what is announced.

[cubalibras]

E trade has no shares for shorting... I was curious..keep your toes crossed , god said I' ll be fine but he' s not so sure about bbt....

[Charles Martin1]

Has anyone heard or read about why BBRY is changing the day it reports earnings? They have reported Thursday after market close since forever and are now reporting Friday before market opens. This will happen for the next several quarters.

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

Gives the market a nice bit of time to absorb the news and perhaps stunt the volatility a little. BBRY is fighting a war right now.