[mrfreetruth]

chrysaurora!!!

Thanks for the question! There are normally open short positions in all publically traded companies these days. That's why when an offer is made to buy a company the firm that is in charge of retirement of stock also performs an arbitrage program to clear the short position at the assigned price. The original owners of the stock want to accept the current price, and for them to do so, the stock has to be made available to the shorts to close their position and move on. All of this takes place from the time the offer to purchase is first made, until the close of the offering. The shorts normally try to cover their position much earlier in the process, at a point when they believe that a deal is imminent. Today we are seeing some of those shorts stepping in to cover their position.

Our story is a bit different, we don't have a clue what the outcome of all of this posturing will be, we only know that BB is looking at all possible outcomes, some of which might leave present shorts in a good position. Suppose they sell off the hardware business as a going concern with Samsung making all future BB phones while paying a royalty to BlackBerry, if you were short you would maintain your position in this case. We really don't know what the plan is for BlackBerry and shorts might like to hang around and find out what goes down.

Today the talk is about valuation, many think a typical 40% premium would occur but few know at what level the stock will be trading at when that occurs. If you look at 40% of $ 14.00/shr which was the average 2013 trading range for BBRY, you are looking at $ 19.60/shr/US. Not bad.

As I have mentioned before, an offer is the result of certain laws that exist, Prem must state his intentions to the world, if he buys 10% or more of the stock. I think he is doing this now for several reasons. In Canada, if you own 10% of the shares you block the 90% rule from happening. Without enough shareholder approval, not many deals are going through and I think he wants to protect his investment in the company. So he might continue to buy shares knowing any offer will look like his recent purchases plus 40%. But there are several other ways this can go, the shorts, through short covering, could drive the stock price much higher before we hear of any deals in the works. Then we are looking at complex deals that could come out of the review by management. I think that up until $ 13.50/shr, there are a ton of buyers who will want to own some of this trade, I see us moving back up there quickly as no one wants to hand shares over to the shorts at todays prices..

Awhile back, I mentioned that the company was very quiet, no news out of them, then, Heins got his 3.5 million shares at $ 9.67/shr and sure enough now we are getting plenty of positive news. It's called getting all of your ducks in a row. Is anyone surprised that management is ready to see the stock appreciate here?

The shorts aren't really a factor any more, sure, they can retire some of their position and get us to $ 13.50/shr pretty quickly here, but they are out of the loop now as this isn't about subs, phones, enterprise etc.., nothing to bash here, it's about what others need to own. Shorts have no control over Samsung wanting to buy into BlackBerry's massive patent collection to stop Apple lawsuits every other day. How do you put a hard value on ending countless lawsuits?

I see us going higher from here, we have a huge gap to fill and I personally think the first deal is already to launch (that would be Prem, Teachers and CPP). I see a final offer North of the 52 week high. Best of luck and please do what's best for you!

Read it again shorts

Posted via CB10

[Kris Erickson]

Just look at what happened with Dell, being sold for Price-to-Sales of 0.5x.

I'm not up on Dell, from what I've read is that owner Dell wants to go private and sell(buy back) shares at 13.75/share Carl Icahan feels that is too low and wants more etc.etc. I checked, Dell is currently trading at 13.xx/share. So is Michael Dell wanting to give shareholders they current market vaule or is this 13.75 ON TOP of current market price ie 26.75 total/share?

Also Sleuth you forgot that Prem Watsa owns 9.90% of BB shares but at $17/share if I recall reading correctly somewhere. I seriously think he would not want to take a loss of $3/share so he can screw us small shareholders.

OH I see if he buys more to averages down. Ok so he has a bunch at $17 and say he buys tomorrow at say $11 that is average is $14. But buying that much spark a buying frenzy, there by diving the SP higher ? I don't know, my head hurts thinking about this now.

Can anyone clarify what would happen to SP if Prem goes out tomorrow and buys another 10% of available shares so he can average $14?

[cjcampbell]

Well there is no pleasing some people. So . . . . .

lmao.... Awesome!!! They don't make 'em like they used to.

[the_sleuth]

Premium is a relative term. If you purchased shares in the last two weeks then $10 to $14 bid for BlackBerry will be a premium to trading price. But long term shareholders will not see it this way. When a company is purchased below its book value, Wall Street calls this a take under. Take unders shaft small shareholders.

When we are talking about the premium at the current price, aren't we all confusing it too much with today's price?

To me, the current price means the price at the time of deal, no?
Or am I missing something here?

Or is it that everyone is assuming that the deal is already done today, with a premium on today's current price ... and just speculating on the percentage of the premium, without using the current price as a variable?

[leafs123]

Watching analysis on TV of today's BBRY news is like banging your head against the wall.

Posted via CB10

[the_sleuth]

Michael Dell is smart. He wants to take back his company at $13.75 from yes small shareholders and other long term investors. Remember Dell used to be $25 dollar stock not too long ago. Look at the chart:

https://www.google.ca/finance?q=dell...oiRMcaNqwHkvwE

Carl Icahn, this old sage, is correct, Dell company is worth a lot more. M. Dell and company are taking the company private for song and dance thus shafting long term shareholders.

I'm not up on Dell, from what I've read is that owner Dell wants to go private and sell(buy back) shares at 13.75/share Carl Icahan feels that is too low and wants more etc.etc. I checked, Dell is currently trading at 13.xx/share. So is Michael Dell wanting to give shareholders they current market vaule or is this 13.75 ON TOP of current market price ie 26.75 total/share?

Also Sleuth you forgot that Prem Watsa owns 9.90% of BB shares but at $17/share if I recall reading correctly somewhere. I seriously think he would not want to take a loss of $3/share so he can screw us small shareholders.

OH I see if he buys more to averages down. Ok so he has a bunch at $17 and say he buys tomorrow at say $11 that is average is $14. But buying that much spark a buying frenzy, there by diving the SP higher ? I don't know, my head hurts thinking about this now.

Can anyone clarify what would happen to SP if Prem goes out tomorrow and buys another 10% of available shares so he can average $14?

[bungaboy]

Premium is a relative term. If you purchased shares in the last two weeks then $10 to $14 bid for BlackBerry will be a premium to trading price. But long term shareholders will not see it this way. When a company is purchased below its book value, Wall Street calls this a take under. Take unders shaft small shareholders.

OK. How many shares you got, when did you purchase them and what is your average price?

[the_sleuth]

Nada, zilch, zero. I like the technology but I don't own tech shares. Tech stocks are not long term investments.

[silversun10]

It won't be a premium for small shareholders who purchased this winter and spring in $15 to $18. Also those poor souls whose average cost is in the twenties well good luck.
Prem Watsa will average down from his current average cost of $17 per share with a take under.

you were talking about buying now.

[silversun10]

Nada, zilch, zero. I like the technology but I don't own tech shares. Tech stocks are not long term investments.

you buy now you make money. tech stock or not.

[bungaboy]

Substitute "shorts" for "skunks".

[the_sleuth]

BBRY stock has gone from being a lottery ticket to a casino chip. If you want to speculate, be my guest. I invest my hard earned money not speculate. And yes there is a difference.

you buy now you make money. tech stock or not.

[silversun10]

When we are talking about the premium at the current price, aren't we all confusing it too much with today's share price?

To me, the current price means the share price at the time of deal, no?
Or am I missing something here?

Or is it that everyone is assuming that the deal is already done today, with a premium on today's current share price ... and just speculating on the percentage of the premium, without using the current price as a variable?

the current price, is the price Now

[silversun10]

BBRY stock has gone from being a lottery ticket to a casino chip. If you want to speculate, be my guest. I invest my hard earned money not speculate. And yes there is a difference.

Oh, now i get it. You got lost on the wrong discussion board.

[sidhuk]

Reminds me of one of my favourite songs.

there goes another 40oz of Jack.
thanks for the video.
song is good,
singer is better,
her style is best
feel free to make changes to my observation.

[bungaboy]

Oh, now i get it. You got lost on the wrong discussion board.

Shhhhhhh . . . . . . you gotta wait until they are completely out from under the bridge before you out them, dangnabbit.

[the_sleuth]

Berate me if you want. I am entitled to my opinion. I have been following this forum with amusement as most speculators here have lost money on BBRY. Here's another view of BBRY:

BNN Video Player

Oh, now i get it. You got lost on the wrong discussion board.

[bungaboy]

BlackBerry Should Leverage Patent Portfolio in Seeking Strategic Options

BlackBerry Should Leverage Patent Portfolio in Seeking Strategic Options

[bungaboy]

Now they send in new troops to stir the pot and start confrontation and try to get the thread shut down.

Don't feed them. Expand your ignore list.

PS. Hint: Check the names who are thanking their posts.

[bungaboy]

Berate me if you want. I am entitled to my opinion. I have been following this forum with amusement as most speculators here have lost money on BBRY. . . . .

You are just here to stir up crap. Read the thread title please.

UPDATE:
After reading many of your other posts in several threads my suspicions have been confirmed.

Welcome #30 to my list.

[BlackistheBerry]

the current price, is the price Now

I know, but this is what I was referring to....

Today the talk is about valuation, many think a typical 40% premium would occur but few know at what level the stock will be trading at when that occurs. If you look at 40% of $ 14.00/shr which was the average 2013 trading range for BBRY, you are looking at $ 19.60/shr/US.


That's why I was trying to differentiate the current share price from today's share price.

I guess I didn't explain it as well as Morgan does.

[Shanerredflag]

And that is a realistic level imo.

Posted via CB10

[take99]

Berate me if you want. I am entitled to my opinion. I have been following this forum with amusement as most speculators here have lost money on BBRY. Here's another view of BBRY:

BNN Video Player

So you've never lost money on a stock and you find it amusing when other people lose money? Wow, didn't take long for your character to come bubbling up.

[Kid Vibe]

Completely OT but this is awesome...


A letter from JP Morgan CEO To Gold Diggers

- A letter from JP Morgan CEO To Gold Diggers

[FocusedBerry]

The ones that bash the stock/company don't even own the product or stock. Find a life.

P.S - My metal frets on my Q10 is worth more than your android device