Well that's a great surge up already!!!
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Well that's a great surge up already!!!
BBRY up $1.03 at this point
Wow...huge volume for premarket.
Posted via CB10
question is will it hold? Maybe im just playing it down to keep myself realistic, but im not convinced it will
up in pre-market is only the beginning. can't wait to see how the street takes this at the open.
What's to be surprised about? We beat all the bear prediction, beat wall st estimates, and most importantly in the black; technically speaking my share is now 18 (book value). Q 10 aint even out yet
Up, Up and away we go!
They turned a profit. That's awesome and that's what really matters. That wasn't expected for another few quarters yet.
Smart people believe and don't get caught up in the manipulation, and we're making money. Others fail to realize that. Let's keep this going!
Posted via CB10
Surprise! BlackBerry Defies Pessimism, Posts Profit
CNBC.com | March 28, 2013 | 07:32 AM EDT
BlackBerry [ BB-CA*14.80* +0.00 (+0.00%) ] reported quarterly earnings and revenue on Thursday that outpaced market expectations, boosted in part by the launch of its new BlackBerry 10 smartphone that analysts view as a make or break moment for the beleaguered company.
The company formerly known as Research in Motion posted fourth-quarter earnings of 19 cents a share. Excluding items, BlackBerry made a profit of 22 cents per share excluding items, down sharply from 80 cents a share in the year-earlier period.
Those figures, however, were far ahead of what Wall Street was expecting. Analysts had expected BlackBerry to report a quarterly loss of 29 cents a share on $2.85 billion in revenue, according to a consensus estimate from Thomson Reuters.
After the earnings announcement, the company's shares surged by more than nine percent in premarket trade. (Click here to track the company's shares in trading before the opening bell.) [ BB-CA*14.80*+0.00 (+0.00%) ]
All depends on the call boys...history repeating and all that
Posted via CB10
Im all about the profit, dont get me wrong, I would LOVE for a massive uptrend. just skeptical is all. esp with how BBRY has been trading
Some of you guys need to look at the big picture here, what killed the stock last quarter was Enterprise falling out of bed, we now have Enterprise and Software (80% margins) back above $ 1.05 billion!!!!! I factored Enterprise at a drop (5%) and it is higher, this is huge as that argument is heading for the exit today. We have software as a plus (3% of revenue) and without software we held on Enterprise. And so how do you rate a stock a "Sell" and $ 7.00 target with $ 2.9 billion in cash amd the product launched already? Revenue is down by only $ 80 million when we all know consumers were waiting for the Z10 launch. The rest is great news, 40% margins because of CORE, 1,000,000 Z10's including mine, and a tight operation that isn't expected to lose again in Q1 FY 2014. I'll take these numbers any day. The rest of the story will have to come from Heins.
So far . . . . . so GREAT!
No BAD news is great news. I think we are looking at a good day for BBRY
I like the number all around. They beat expectations when everyone assumed for a loss. The Z10 sales number is higher than 600K, when one silly analyst thought it was 300K. Goes to show that the lines and channel checks they're doing aren't accurate. The sale of 1 million in a short time is respectable. The sub loss to be I guess is only blemish but again they still have a loyal base of 76M. Imagine if they didn't lose any subs. The profit would beat for sure. Te stepping down of Mike may be looked at as a positive thing.
Bottom line is that things are looking up we are not bleeding any longer. We sold 1 million at that point, which means Apple sold 1 million less phones. Plus Thor now has a good crack and is very credible.
End of quarter and funds will have to window dress this stock into their portfolio. Good luck everyone.
22 cent profit vs 29 cent loss is HUGE. I remember when the street thought netflix was going to post a 15 cent loss but they posted a 15 cent profit and that itself ran the stock up with a short squeeze.
Now it all depends on which part the street wants to focus on again....
Where's DUDE!!!!!!
Someone bought more than 400 k shares at 7:30 AM.
damn, its 4:45 am and IM PUMPED
Wow... already back to close to yesterday's close. I'm so confused with this damned stock.. lol
EDIT - falling faster....
Hmmm... how is the SP dropping now?
and we are negative .22$