View Poll Results: Did you buy shares ?

1110. You may not vote on this poll
  • Yes, I'm acting now !

    694 62.52%
  • No

    416 37.48%
  1. Bugmapper's Avatar

    BlackBerry Announces Preliminary Second Quarter Fiscal 2014 Results and Provides Business Update

    WATERLOO, ONTARIO--(Marketwired - Sept. 20, 2013) - BlackBerry Limited (NASDAQ:BBRY)(TSX:BB) -

    Company expects GAAP net operating loss of approximately $950 million to $995 million; loss includes a primarily non-cash, pre-tax inventory charge of approximately $930 million to $960 million resulting from the increasingly competitive business environment impacting BlackBerry smartphone volumes, and a pre-tax restructuring charge of $72 million

    Company expects to report revenue for the second quarter of approximately $1.6 billion; recognizes sales of approximately 3.7 million smartphones in the second quarter

    Company to refocus on enterprise and prosumer market, offering end-to-end solutions, including hardware, software and services

    Future smartphone portfolio will transition from 6 devices to 4; focusing on enterprise and prosumer-centric devices, including 2 high-end devices and 2 entry-level devices

    Company announces restructuring plans, including reduction of approximately 4,500 employees; targets reduction of its operating expenditures by approximately 50% by end of Q1 Fiscal 2015

    Company sees increasing penetration of BlackBerry Enterprise Service 10 (BES 10) with more than 25,000 commercial and test servers installed to date, up from 19,000 in July 2013

    Special Committee of the Board continues to evaluate strategic alternatives

    BlackBerry Limited, a world leader in the mobile communications market, today announced certain preliminary financial results for the three months ended August 31, 2013 and provided an update on business operations.
    09-20-13 03:35 PM
  2. rebekahlynnharrison's Avatar
    If ever there was a sign that I need to implement my plan B, tis now.
    Randeman likes this.
    09-20-13 03:35 PM
  3. JLagoon's Avatar
    At least, this part is good: Company sees increasing penetration of BlackBerry Enterprise Service 10 (BES 10) with more than 25,000 commercial and test servers installed to date, up from 19,000 in July 2013.
    09-20-13 03:35 PM
  4. blink333's Avatar
    Told you guys it would be bad. There's a reason TH was hiding.

    Man, what a loss for me. Still holding 20,000 shares.
    09-20-13 03:35 PM
  5. greyw0lf01's Avatar
    It's down 20%
    09-20-13 03:36 PM
  6. m1a1mg's Avatar
    If this was a horse, they'd shoot it. I'm out. Lost ~$5 per share.
    09-20-13 03:36 PM
  7. rebekahlynnharrison's Avatar
    tis straight freaking down. gahhhhhh
    09-20-13 03:36 PM
  8. Bilaal's Avatar
    Who's selling?
    09-20-13 03:36 PM
  9. rebekahlynnharrison's Avatar
    Who's selling?
    can't and won't....yet.....
    09-20-13 03:37 PM
  10. leafs123's Avatar
    Oh man. Investors edge on CIBC crashed.
    09-20-13 03:37 PM
  11. Kid Vibe's Avatar
    Who's selling?
    ****. I think I might.

    Honestly, is this company just going to go and truck on or are they at all going to get bought out? Not a good Friday.

    Edit: Ah, the original plan was to wait until Dec anyways, I guess I should. Still turning around this company.
    09-20-13 03:38 PM
  12. blackberrymight's Avatar
    You might.....

    Stop perpetrating....
    09-20-13 03:38 PM
  13. bigbadben10's Avatar
    Who's selling?
    Not me!!!
    bungaboy, sidhuk and rarsen like this.
    09-20-13 03:39 PM
  14. ibpluto's Avatar
    now's not the time to sell. There will be value buyers Monday. Speaking with some anlysts, many still feel a buyout of $14 to $16.
    Foliebergere likes this.
    09-20-13 03:40 PM
  15. sidhuk's Avatar
    LoL, looks like right after Nokia earnings announcement.
    Not selling. gonna stick with the plan.
    bungaboy, gg22 and rarsen like this.
    09-20-13 03:40 PM
  16. silversun10's Avatar
    wow, straight down to $8, wow, at least the selling will stop at the end of the day. classic Friday afternoon bad news dump, at least they got that right
    Bugmapper, bungaboy and sidhuk like this.
    09-20-13 03:41 PM
  17. abouthsu's Avatar
    Not me, as freaking scary as this is. Im thinking to just put in some more orders to average down.
    09-20-13 03:41 PM
  18. leafs123's Avatar
    Sorry it didn't work out to make the money back.
    09-20-13 03:41 PM
  19. djnick's Avatar
    now's not the time to sell. There will be value buyers Monday. Speaking with some anlysts, many still feel a buyout of $14 to $16.
    in your dreams
    09-20-13 03:42 PM
  20. richc3's Avatar
    Admittedly, I sold.
    I could buy back into things in the coming week, but I'm too uncertain of what the bottom is right now.
    09-20-13 03:42 PM
  21. gohan_bcc's Avatar
    It is sad to do a beloved company turn to the **** show of the news and everyones favorite company to bash for it's continual poor results.

    Management should have changed a long time ago and TH was not the CEO to take this on. They needed someone to radically change what was happening at BB not continue to make the same mistakes.

    it's sad to see because every bone in my body wanted BB10 to succeed but I had little faith in TH for good reason. Tis a shame a great company is going to be gone soon.
    09-20-13 03:42 PM
  22. spiller's Avatar
    There will be a buyout and the buyout might have just gotten cheaper.

    I said I expected a 20% loss if bad ER and planned to get out on the 26th. Didn't expect this. Might have to throw more in to average down and wait for the buyout at $12. I fully expect someone to buy this out before the next ER. Within the next 2 trading days I think it will bottom.
    09-20-13 03:43 PM
  23. take99's Avatar
    I just sold out my position and lost a bundle. Live and learn.
    09-20-13 03:43 PM
  24. greyw0lf01's Avatar
    Those Jan 5 2014 puts I mentioned for people looking to hedge their long exposure should things be terrible would be great right about now.
    09-20-13 03:44 PM
  25. Im Mo Green's Avatar
    Scale down blackberry. Get focused on Enterprise services. This is what needs to be done. Forgetabout the price action today, they are enterprise service company going forward
    09-20-13 03:44 PM
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