There is no way that they pay very much up front. No way at all.
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There is no way that they pay very much up front. No way at all.
Just to make sure, which head were you talking about? LOL...
But it looks like it's just based on the same report he sent out a few weeks ago, with those channel checks done in stores that didn't even sell the phoe yet. The bears have a tendency to keep reusing the same old things over and over again as we all know.
Attachment 173192
Somebody's getting tired
Already confirmed Q10 apps will run on Q5 without any tweaking / recompile / resubmission to App World
That's why the report did not bother me. What worries me is what it would do to DB if they are indeed shorted heavily on BB, if ER is a blow out, SP makes a huge run and DB is forced to cover. I'm sure they have all sorts of mechanisms to insure themselves from catastrophic losses, but this would not be the first time i'll hear major banks/investment firms lose billions of dollars from one trade.
Remember they are horribly under capitalized and have no margin for error, as per FDIC vice chair.
Not in a good position to be.
Disclaimer: I am no banking expert so I probably don't know what I'm talking about.
What what it means for sure is that "channel checks" of demand and supply chain slowing were inaccurate. He heard from suppliers mouth that 2-3 quarters worth of forecast already in the books.
Posted via CB10
My response/comment to the article: If I was this guy�s supervisor, I would be asking for proof of a high school diploma. Either the entire bank is in on the shorting or supervisors aren�t paying attention to what employees are posting. Not only does his math not add up, but he uses the same data for his argument that he used previously.
Well, in ten minutes it will be one more trading day closer to the truth (ER). I told you it would get interesting and exciting, just wait to see what the bears post tomorrow. I tell ya, this is quite the adventure! :)
Very unlikely that DB has any of its own skin in the BBRY trade. If it does, it would be a very small fraction of what they do. They may go down for other reasons - which I think would NEVER be allowed to happen, but it ain't gonna be BBRY that brings them down.
Didn't we read not long ago that one of the leading German banks bought Blackberrys for their employees? I'll try to find that but DB rings a bell.
A bank wouldn't normally do an equity position like shorting a stock at anything approaching a significant number.
The under capitalization issue at DB is on a different order of magnitude scale anyway. We are talking about being short billions, not 10s of millions. DB's traders running DBs money shouldn't be taking any significant position like a short in any sort of large volume. Maybe they could have 100 million short. That is real money, but it wouldn't solver or hurt their capitalization issues. Also I wouldn't get too worked up about DB's capitalization since they can safely assume they would be bailed out by their government if anything bad happened. With that kind of credit standing behind them, DB is basically final as far as capital.
They switched from BlackBerry to Apple.
If it is DB then Blackberry should wait until their cheque clears the bank before shipping those particular units!
They are way to large to go down on a single BBRY trade, and I think he is mostly trying to save their clients positions. It has been noted that several of the small bearish bucket shops like Pac Crest, Canaccord, Detwiler have connections to DB and to each other, all these firms are the ones that make the most ridicoulus reports, not trying to be a conspiracy freak but they have been proven to be connected with several people involved in these bearish reports working together in the past.
Ha! I thought I remembered a German bank switching to Blackberry. My bank I used while living in Germany did. Sparkasse!
Sparkasse M�rkisch-Oderland - US
No, it was another bank Sparkasse. Another super huge banking chain. So, the loss of DB isn't that bad a deal if other German banks are using Blackberry.
noticed BNP - Paribas also on the list there, they had a bad report on BBRY last month I believe.
Uhhh... ok. So when you are going down to the bank to pay a bill do you say you are going to the Spark-asse?
+1, Nothing to recompile, nothing to send, not even something to tick in the app management panel (unless you want to exclude Q5 from your target device). By default, all Q10 apps will turn "Q5 compatible". In fact, I believe it is already updated automatically.
Dutch police: 30,000 BlackBerry root devices.
BlackBerryOS.com - Dutch Police Will Use BlackBerry Phones To Identify Suspects
Ba$****$!!!:D
yeah saw that this weekend, you would think they would want to hype that up a bit? Hello investor relations????? PR dept?????
Dang! Haters all around me!! :laughing: Just kidding, but Sparkasse was a really good bank and we never had any problems using them. Glad to see they're using Blackberry and I'll keep tabs on if and when they upgrade to a new device.
Speaking of which, didn't Blackberry get a new PR team??????? :eek: