View Poll Results: Did you buy shares ?

Voters
1104. You may not vote on this poll
  • Yes, I'm acting now !

    693 62.77%
  • No

    411 37.23%
  1. b121's Avatar
    Thanks Corbu! Much appreciated.
    Corbu and Superfly_FR like this.
    04-03-17 12:48 AM
  2. W Hoa's Avatar
    BlackBerry upgraded to Outperform from Neutral at Macquarie Macquarie upgraded Blackberry to Outperform and raised its price target to $9 from $6.95 following the strong Q4 beat on strong revenue software. The analyst believes FY18 Street consensus estimates are achievable and expects RADAR to be a material contributor this year.
    04-03-17 08:43 AM
  3. Corbu's Avatar
    04-03-17 09:07 AM
  4. world traveler and former ceo's Avatar
    "BlackBerry QNX is the world’s leading developer of software for automobiles, supplying software for car computer systems to almost every major automotive brand on the market today"

    I like this message..... going forward as one of the new pillars for BlackBerry.....

    Posted via CB10
    04-03-17 09:27 AM
  5. W Hoa's Avatar
    The view of BBRY must really be changing to get this kind of comment:

    NEW YORK, NY / ACCESSWIRE / April 3, 2017 / The two tech giants have found different ways to expand their reach and increase revenue streams. Apple won an important court case, while BlackBerry made itself available to automotive companies and enterprise businesses.
    04-03-17 09:47 AM
  6. Corbu's Avatar
    BlackBerry Ltd upgraded as turnaround gains traction | Financial Post

    BlackBerry Ltd. now appears to have less risks associated with its turnaround efforts, prompting a upgrade at RBC Capital Markets.

    Following the Waterloo, Ontario-based company’s fourth quarter results that demonstrated it is no longer dependent on service access fee-related cashflow, analyst Paul Treiber upgraded BlackBerry to sector perform.

    He also raised his target price on the stock to US$8 from US$7.50, noting that liability from BlackBerry’s hardware business has largely been eliminated.

    The recurring service revenue BlackBerry received from its older smartphones was once its most profitable segment, but it has fallen into decline, forcing a dramatic strategy overhaul.

    “Investor focus will shift to the growth of BlackBerry’s software business,” Treiber told clients. “New opportunities are emerging, but they are difficult to value at the moment.”

    The company expected software revenue to climb 13 to 15 per cent in fiscal 2018, as growth is anticipated to come from its professional services business, initial handset licensing, and a revenue contribution from the Radar trailer tracking service the Internet of Things platform.

    Treiber also highlighted the potentially large opportunity BlackBerry could have in the automotive market, as the company shift from infotainment to telematics and connected vehicles.

    “The Ford agreement is a tangible sign that BlackBerry is becoming more strategic with automakers,” the analyst said, adding that chief executive John Chen believes agreements will follow with other automakers.
    04-03-17 11:01 AM
  7. fanBBRY's Avatar
    BlackBerry Upgraded By Macquarie Following Encouraging Earnings Report

    Macquarie's Gus Papageorgiou upgraded BlackBerry's stock to Outperform from Neutral with a price target boosted to $9.00 from a previous $8.10. The analyst's upgrade also applies to BlackBerry's Toronto-listed stock with a price target increased to C$12 from a previous C$10.80.

    http://m.benzinga.com/article/924898....google.com%2F
    04-03-17 11:37 AM
  8. masterful's Avatar
    All the upgrades still not reflecting the stock price!
    But it goes south when there is a downgrade.

    A big WTF
    CDM76 likes this.
    04-03-17 01:02 PM
  9. morganplus8's Avatar
    All the upgrades still not reflecting the stock price!
    But it goes south when there is a downgrade.

    A big WTF
    You are missing the whole point of the trade, it doesn't go straight up just because the news was good, it takes time. We had an end of week trade, end of quarter trade, end of options trade, and we went through 3 levels of strike prices trading over $ 8.00/shr. The general market closed the books on a three month or quarterly period as well as there is a ton of shorts in this play in Canada and the US. So it makes sense that the stock would come under some selling pressure as the indexes were grossly over-bought. The shorts need to stop the rally for now but they can't stop it once things settle down. Today, the DOW Jones dropped below its 50-dma which sets it up for a more important sell-off. Against all of this, BBRY is now about to turn positive again this afternoon.

    Here is a chart of the 5-minute movement in BBRY:

    The BBRY Café.  [Formerly: I support BBRY and I buy shares]-bbry-5-minute-april-3.png

    BBRY tried to close above $ 8.00/shr, got knocked back, fell into a downward channel to work off the gain and right now, as it trades above $ 7.68/shr, it is breaking out for another run. So sit back and watch the TA on this one, is is trading extremely well and I'm not hearing anything negative so far from analysts. If the DOW holds its 50-dma, BBRY could close positive on the day and base for a rally in the days ahead.

    So far, the stock is doing extremely well and expect it to continue.
    Corbu, kadakn01, fanBBRY and 11 others like this.
    04-03-17 01:34 PM
  10. Corbu's Avatar
    04-03-17 01:48 PM
  11. Andy_bb_king's Avatar
    Hi M8,

    Could you please further elaborate why the stock doesn't go straight up?

    For example, AMD, NVDA or ECA in the past couple of years, they have gone up 3 or 4 times, and like you said, they didn't go straight up. I think some big buyers knew or believed they would go significantly higher, so they must have kept buying, but isn't it there is one seller for each buyer? If some new buyers suddenly shows up and keep buying, why the sellers would like to sell in low prices if he knew it go higher?

    For BBRY at this stage, looking at the volume today, I believe there must be new big buys from either existing or new big buyers. But who would like to sell in big volume then? If it were the shorts who wants to control the price, how can they do it?

    What I am so curious is why a stock goes up and down in short term and in a few months or years, it goes up a few times of the original price already.

    Can you please provide your thoughts if you know what I mean and thanks in advance !

    Posted via CB10
    04-03-17 02:04 PM
  12. Corbu's Avatar
    From last Friday:
    Rising tech firm that could fill BlackBerry's shoes - Video - BNN

    Gus Papageorgiou of Macquarie discusses BlackBerry's earnings and its ongoing transformation under CEO John Chen. He also talks about Shopify, which some see as the next juggernaut in Canada's tech space.
    04-03-17 02:14 PM
  13. Corbu's Avatar
    Just now:
    Benj Gallander - Top Picks - Video - BNN

    Benj Gallander of the Contra the Heard Investment Letter shares his top picks: Wi-Lan, BlackBerry and CDI.
    Happy to hold it, confidence in JC, smaller company, Fairfax, "I can see this one doubling", huge analyst covering, etc.
    04-03-17 02:24 PM
  14. morganplus8's Avatar
    Hi M8,

    Could you please further elaborate why the stock doesn't go straight up?

    For example, AMD, NVDA or ECA in the past couple of years, they have gone up 3 or 4 times, and like you said, they didn't go straight up. I think some big buyers knew or believed they would go significantly higher, so they must have kept buying, but isn't it there is one seller for each buyer? If some new buyers suddenly shows up and keep buying, why the sellers would like to sell in low prices if he knew it go higher?

    For BBRY at this stage, looking at the volume today, I believe there must be new big buys from either existing or new big buyers. But who would like to sell in big volume then? If it were the shorts who wants to control the price, how can they do it?

    What I am so curious is why a stock goes up and down in short term and in a few months or years, it goes up a few times of the original price already.

    Can you please provide your thoughts if you know what I mean and thanks in advance !

    Posted via CB10
    The market is a mix of various characters, some like to trade for the short-term, others, like Funds, are in it for the long term, 5-years or more. A short-term trader is following the 3 to 5-minute chart patterns looking for reversals. We have highly competent traders on this board who chart the 2 - 5 minute trading patterns in BlackBerry for this very reason. Both groups can influence the price of the stock in both directions, they have large amounts of capital and analysts and TA specialists to guide them. I often say that the market trades far to long, that we could shorten the day to under 1 hour and get the same result. It is because it trades for 6 1/2 hours that the market needs some time to back and fill movements and to start new trends. Shorts will try to stop a rally by selling stock they don't hold, by purchasing Call Options to protect their positions and by effecting trading when light volume occurs. I would think that shorts stopped Friday's rally, so did some profit-taking from non-believers, cash traders etc.. As well, TA specialists sold the stock when it met their targets. And so in the short run, you have a great deal of money moving in and out of a play. If I was a large Fund, I wouldn't hurry to buy the stock on Friday, I would sit before a board and discuss the investment first and come back this week to start my purchases. Rarely do Funds buy the news that day.

    But in the long run, you also have a group of investors who take their cue based upon how the story is developing. One of the three examples you gave, ECA saw its underlying commodity base out and start to rally again. The commodity moved up, the thought that OPEC might cut back on production put a floor under the sector as a whole and we all know from analyst accounts that ECA is great at managing costs and therefore they are highly leveraged when their core products start to raise in value. Large Funds buy and hold, they set bench marks too, when ECA reports earnings they expect that through leverage ECA will post superior earnings, and if that result occurs, it sets the stage to at least hold onto ECA or add more. Of the 10,000 stocks to buy, only 1% or 100 of them are really moving in a predictable way. The rest tend to trade sideways while the company pulls together an investment "story" of their own. We have watched BlackBerry develop that story for 3-years now, and this quarter, it is paying off. The stock is seeing long term money move into it as Funds buy stock at least 2 quarters in advance of what they are forecasting for the investment itself. BlackBerry is now within that small group of companies with a story that investors want to believe in. Chen did a remarkable job of telling a story that includes several balls in the air with one or more of them about to go viral. The three stocks that you mentioned, began with a story, they delivered on that story with positive results each quarter and the story remained intact. And now we see that energy has topped out, ECA has topped out and the volume of sellers and buyers has shifted to neutral. They are slowly rotating out of the investment in ECA today.

    Large investors are buying BBRY today, the volume is amazing, TA investors are trading BBRY today, they are moving in again because the stock is turning positive in the short-term. For all of these reasons, the stock is going higher. The shorts have to cover, they have no choice as there is a story behind BBRY now and it is a risk to be short the stock. Chen just has to announce another "Ford" or another "Radar" contract or partnership and the stock will rally hard from here. The Funds need to get into it TODAY if they are right about the higher valuation 6 months from now. In conclusion, you will see these stocks rally, pause to refresh, confirm the story set out by the CEO and rally higher until the formula is cracked in some way. Friday was a big day for BBRY and John Chen and now long is the direction to be in; until he slips up. It is difficult to stop a stock from dropping when the world hates it and the same is true for a story that people love to hear more about, and BlackBerry, not unlike your other three ideas has a story now and investors are beginning to really buy into it.

    I rarely ever post a 5-minute chart but I did it this time in protest to the thinking that BBRY is a poor trade at a time when it is really doing something special now. That downward channel has been broken and that should signal the end to the downside for this one. If the general market can hold its 50-dma, BBRY will do very well.
    Corbu, tmurphx5, rarsen and 12 others like this.
    04-03-17 03:19 PM
  15. rarsen's Avatar
    04-03-17 03:44 PM
  16. Corbu's Avatar
    Late day upgrades:

    4/3/2017 TD Securities: $13.00
    4/3/2017 Scotiabank: $10.65
    4/3/2017 Raymond James Financial, Inc.: $12.50

    Plus this morning's:
    :4/3/2017 Macquarie Upgrade Neutral -> Outperform $8.10 -> $9.00 Medium
    04-03-17 04:17 PM
  17. bbjdog's Avatar
    confidence in JC,
    What are you drinking, because i want the good stuff! LMHO

    Cheers mate!
    Corbu likes this.
    04-03-17 06:02 PM
  18. Andy_bb_king's Avatar
    Thank you so much, M8! It clears a lot of things in my mind. It is crazy to think that current price is still below last time it reported earnings. Isn't it unfair for savvy people who jumped in now and enjoy gains in the future while we have had struggled for 3 years?

    Posted via CB10
    dalinxz, morganplus8 and alludba like this.
    04-03-17 06:54 PM
  19. Corbu's Avatar
    http://www.msn.com/en-us/money/techn...ors/ar-BBzheix
    BlackBerry Ltd (BBRY) Stock Is Being Underestimated by Investors
    bbjdog, alludba and sidhuk like this.
    04-03-17 07:37 PM
  20. bbjdog's Avatar
    I believe that title should read " Most analyst are underestimating BlackBerry"!

    Reminds me of closet Leaf fans! LOL
    04-03-17 08:08 PM
  21. app_Developer's Avatar
    Isn't it unfair for savvy people who jumped in now and enjoy gains in the future while we have had struggled for 3 years?
    I don't think you can say it's unfair. Every position any of us take is a judgement, and timing is a part of that judgement. At this point we would all be just happy if this is truly the bottom for BBRY and it grows steadily from here.

    If two years from now we're worried about who got in too early and who got in too late on the turnaround, that will be a nice problem to have, won't it?
    vasilisiou and rarsen like this.
    04-04-17 12:10 AM
  22. Corbu's Avatar
    04-04-17 08:49 AM
  23. morganplus8's Avatar
    If you are sitting around the screen and need to know how your stock is trading at all times, try this site:

    https://www.tradingview.com/chart/fwf1y5pn/

    You can sign up for free, type in BBRY, set it to 3 minutes to five minutes, or sooner if you need to see a chart and forget it. Each day it will update the chart in real time and give you a real time quotes on the stock too. My chart from yesterday, you know that one that predicted the bottom in the stock and its eventual rally? Well everything updated nicely and today I can watch as the stock breaks out on a run while the rest of the market stays in a coma.

    Here is the latest 5-minute chart in real time:

    The BBRY Café.  [Formerly: I support BBRY and I buy shares]-bbry_20170404-094214.png

    So sit back where ever you are and watch BBRY trade in real time! You can mark up the screen with as many lines as you like too. Have fun.
    04-04-17 09:46 AM
  24. ZayDub's Avatar
    [QUOTE=morganplus8;12826666]If you are sitting around the screen and need to know how your stock is trading at all times, try this site:

    https://www.tradingview.com/chart/fwf1y5pn/


    Thanks for sharing M8!


    Posted via CB10
    04-04-17 09:50 AM
  25. morganplus8's Avatar
    (And we have already hit his 12-month target!!!) BS

    Globe says RBC considers BlackBerry turnaround complete



    2017-04-04 06:39 ET - In the News


    The Globe and Mail reports in its Tuesday, April 4, edition that RBC Dominion Securities analyst Paul Treiber says BlackBerry's turnaround is complete. The Globe's David Leeder writes in the Eye On Equities column that Mr. Treiber, believing BlackBerry's focus now shifts to the growth of its software business, removed the "speculative risk" qualifier from his "sector performer" rating following better-than-anticipated fourth quarter 2017 financial results. He says: "The risks with BlackBerry's turnaround appear to have diminished. The company is no longer dependent on SAF-related cash-flow, and the liability from hardware has been largely eliminated." On Friday, BlackBerry posted quarterly non-GAAP revenue of $297-million, a drop of 1 per cent from the previous quarter and a 39-per-cent decline year over year (all figures U.S.). However, the result topped the Street's projection of $289-million and Mr. Treiber's estimate of $276-million. Adjusted earnings per share of four cents topped the projection of both Mr. Treiber and the Street of nil. He hiked his share target by 50 cents to $8, matching the average target of analysts.
    04-04-17 10:20 AM
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