[leafs123]

Day low of $5.69. Is that accurate?

Posted via CB10

Wow...it says so but I didn't see lower than $8.05.

[Bugmapper]

Who knows... the market might even like some of this news.

[cgk]

You have it right, they are moving away from handsets and toward software and Enterprise just as many of us hoped they would.

Say what? I've been saying this for month - this was "trolling", you say it and it gets a load of likes - no wonder people were losing their shirts on this company.

[Warlack]

And the stock is rising already..... meaning many shirts have closed their positions....

Posted via CB10

[morganplus8]

[QUOTE=plasmid_boy;9201371]

If you want to walk across the border, we have a pretty decent guest suit for you...and your wife to stay

Thanks, we have lakefront property facing the US so I'll be heading there for a few days. Don't tell her where I am! She will kill me when she finds out the news, until she sees what price I paid for those shares. Women!!

[Bilaal]

I bought back at $9.07 on the TSX I lost out a lot, but I'm here till the end

[silversun10]

Did you read the press release?

Posted via CB10

did you?

[Warlack]

Day low of $5.69. Is that accurate?

Posted via CB10

And the stock is rising already..... meaning many shorts have closed their positions.... thus is how it looks then...


Posted via CB10

[greyw0lf01]

So the company launches the Z30, why would anyone buy it immediately after this news?

You can easily wait a few weeks before prices start getting slashed. 30 days out it’ll be free on contract.

[spiller]

Well only 16% down. That's not too bad. Don't have to worry about the ER now. Sorry for all the losses today but I'm holding.

Will add another 10% to my BB holdings on Monday.

[greggebhardt]

So who won the contest guessing the number of units sold?

[s7khan]

Since my ASP is 11.8, I pretty much screwed myself when I didn't sell it when it went north of that. Guess I'm long term holding this now, hoping for a 2012-like surge :S

[fin2007]

So the company launches the Z30, why would anyone buy it immediately after this news?

You can easily wait a few weeks before prices start getting slashed. 30 days out it’ll be free on contract.

They prepared for tthe z30 way more than 3 months ago.

[dusdal]

This bit from the release:

"For the second quarter, the Company expects to recognize hardware revenue on approximately 3.7 million BlackBerry smartphones. Most of the units recognized are BlackBerry 7 devices, in part because certain BlackBerry 10 devices that were shipped in the quarter will not be recognized until those devices are sold through to end customers. During the second quarter, approximately 5.9 million BlackBerry smartphones were sold through to end customers, which included shipments made prior to the second quarter and which reduced the Company's inventory in channel."

[spiller]

And yes...I think this will mean the bottom for the shorts. They were waiting for the ER as a buyout was not coming before then. ER is now come and gone.

Shorts won this round. Longs for the next round.

[take99]

Bought some halo...

[greyw0lf01]

*canada's moore says `our thoughts are with' blackberry workers

[bungaboy]

It's only money. Win some . . . . . lose a lot! LoL

At least we are civil, even in down times, and don't attack people when they are down like the trolls here do.

I guess its a good thing most of them are lined up waiting for their iThings. Can you imagine how bad it would be if they weren't?

[kfh227]

did you?

Yes, that's why I wouldn't say$3b anymore

Posted via CB10

[kfh227]

Read:

http://www.investopedia.com/terms/w/writedown.asp

Posted via CB10

[JLagoon]

I am crazy, added at $8.72.

[rebekahlynnharrison]

Well, I sold 1/2 of our holdings and put it straight into ***. Had to be done.
Like ripping off a bandaid. But at least now, there's some balance as we were overweight in BB stock.

[greyw0lf01]

Guess all those evil shorts were right.

[kfh227]

This bit from the release:

"For the second quarter, the Company expects to recognize hardware revenue on approximately 3.7 million BlackBerry smartphones. Most of the units recognized are BlackBerry 7 devices, in part because certain BlackBerry 10 devices that were shipped in the quarter will not be recognized until those devices are sold through to end customers. During the second quarter, approximately 5.9 million BlackBerry smartphones were sold through to end customers, which included shipments made prior to the second quarter and which reduced the Company's inventory in channel."

Ummmm what. I'll have to read that again

Posted via CB10

[danprown]

What does that mean? They have been recognizing "shipped" and now a mix of "shipped" and "sold through?" Do they not think they will be asked on the conference call? Why not get out the bad news now and then deal with it. Why leave TH to equivocate again on the conference call...

This bit from the release:

"For the second quarter, the Company expects to recognize hardware revenue on approximately 3.7 million BlackBerry smartphones. Most of the units recognized are BlackBerry 7 devices, in part because certain BlackBerry 10 devices that were shipped in the quarter will not be recognized until those devices are sold through to end customers. During the second quarter, approximately 5.9 million BlackBerry smartphones were sold through to end customers, which included shipments made prior to the second quarter and which reduced the Company's inventory in channel."