[FocusedBerry]

That rumor about the z10 returns gave us an opportunity to buy some cheap shares. Glad I did.

Posted via CB10

[q649]

Alright the waiting until $18.00+ a share is getting old. It "looks" like the day traders may have surrendered and moved on to something else. Just initiated a transfer into my trading account to buy 500 shares. We will see when it hits my trading account and when I can get in. I was going to wait until $18.25 and wouldn't mind buying on a dip in the next few days, but either way we shall see...... I will warn you on when I buy as the price will likely go down for a few days after that.

Can you remind me why you were waiting to buy in at a higher price again? Were you waiting for it to breakout of the current TA resistance? Do you want to buy my shares now for $18.25? I don't want to sell, but if it makes you feel better about the purchase I will sacrifice my shares.

[zyben]

Slightly off topic, but it's no surprise to see CNBC, the PR firm parading around as a financial news network, continues its march toward irrelevance:

CNBC Viewership Plunges To Eight Year Lows | Zero Hedge

CNBC Viewership Plunges To Eight Year Lows
Submitted by Tyler Durden on 04/24/2013 11:00 -0400



By now it is well known that the ubiquity of central planning (not to mention the persistent threat of HFT flash crashes as exhibited by yesterday's twitter-driven #Hash crash) in capital "markets", has made trading stocks in a rigged casino a sucker's game - one that retail investors have decided to shun, and nearly 5 years after Lehman have still to come back in any size to the stock market.

One of the main, unintended consequences of this development to prop up markets at all costs, even if it means removing all logic and reliance on fundamental data, has been the complete evaporation of interest in any finance-related media, forcing the bulk of financial outlets to rely on such cheap gimmicks as slideshows, pictures of kittens, trolling and generally hiring liberal arts majors straight out of school to copy and paste articles while paying them minimum wage, and providing absolutely no insight (and then wondering why the Series ZZ preferred investors will never get their money back, let alone the A round).

However, nowhere is this more obvious than in the relentless imploding viewership of once financial media titan, CNBC, which lately has become a sad, one-sided caricature of its once informative self, whose only agenda is to get the most marginal Joe Sixpack to dump his hard-earned cash into 100x P/E stocks, and where according to data from Nielsen Media Research, the total and demographic (25-54) viewership during the prime time segment (9:30am - 5:00 pm) just tumbled to 216K and 40K - the lowest recorded viewership since mid 2005 and sliding.



So why the relentless collapse in CNBC viewers, which in turns leads to plunging ad revenues (aside from our observations from last summer on just this topic) and which has forced the station to even resort to muppets as a cheap ratings-boosting gimmick? Perhaps it has something to do with outbursts like this, where 13 minutes into the clip, one Jim Cramer tells the camera point blank when discussing daily market gyrations, and with absolutely no remorse, that "i want everyone to play that game at home by recognizing that fraud is part of the equation and the government cannot stop it."

That's right: on one hand CNBC's most overcaffeinated anchor admits that the market is nothing but uncontrollable fraud, and on the other he beckons viewers and listeners, usually with the assistance of assorted bovine sounds, to "buy, buy, buy."

Perhaps the greater fool is truly dead, or simply the embedded hypocrisy of the CNBC stock "infomercial" is so transparent that nobody really cares what the Comcast subsidiary's paid entertainers have to say any more.

[OMGitworks]

you succumbed to the peer pressure and the koolaid offered on this thread. Shame on you. just kidding....welcome aboard! LCJR you need to hook him up with the rose coloured glasses now

Actually last night my 13 yo daughter asked to borrow my phone to surf the net while we were in the car. SHe put down her iphone 4S to do it and told me my phone (z10) was faster and cooler.... It must have been a sign from God - no????

[lcjr]

you succumbed to the peer pressure and the koolaid offered on this thread. Shame on you. Just kidding....welcome aboard! Lcjr you need to hook him up with the rose coloured glasses now

bam!!!

[gohan_bcc]

pushing for 15 again cmon baby!

Viagra doesn't last forever!

[take99]

too true, after 4 hours we should have called a doc

Viagra doesn't last forever!

[OMGitworks]

Can you remind me why you were waiting to buy in at a higher price again? Were you waiting for it to breakout of the current TA resistance? Do you want to buy my shares now for $18.25? I don't want to sell, but if it makes you feel better about the purchase I will sacrifice my shares.

Yes I wasn't convinced that BBRY was headed higher and was willing to give up the gain from 13/14 to $18.25 or so and "proof" at least in my feeble mind. That would also take out the pre-launch high. The high volume day trading and volatility worried me. This is not completely speculative money, and I have much more stable investments elsewhere, but I'd like to keep it.

[Charles Martin1]

BlackBerry: Bulls Won't Regret It, And Neither Will You - Seeking Alpha

[cjcampbell]

Viagra doesn't last forever!

Well there are some instances where you're "supposed" to see a doctor after a while but what's the point.

[richc3]

In some ways, it seems that blatantly fake news story about returns really helped drive some of the shorts away.

For the most part, I've seen a lot of reasonably positive articles since then.

[OMGitworks]

Well there are some instances where you're "supposed" to see a doctor after a while but what's the point.

Depends what she looks like.... Headed to a baseball game. Hold down the fort.

[Shanerredflag]

Yes I wasn't convinced that BBRY was headed higher and was willing to give up the gain from 13/14 to $18.25 or so and "proof" at least in my feeble mind. That would also take out the pre-launch high. The high volume day trading and volatility worried me. This is not completely speculative money, and I have much more stable investments elsewhere, but I'd like to keep it.

Sound reasoning...there are a ton of large firms waiting for the same TA breakout...it will get there, just don't know when.

Posted via CB10

[tygros]

The "Shorty" report (due out at 4:01et today) - not the shorty report in terms of Chica's at a bar in case some of you are reading this at an early happy hour, but rather number of oustanding short positions in BBRY - will be as of 4/15 when the stock was trading in the upper $13's. So it should be higher than 155MM IMHO

[lcjr]

The "Shorty" report (due out at 4:01et today) - not the shorty report in terms of Chica's at a bar in case some of you are reading this at an early happy hour, but rather number of oustanding short positions in BBRY - will be as of 4/15 when the stock was trading in the upper $13's. So it should be higher than 155MM IMHO

So, who's interpreting that report for those of us who aren't analysts??

[cjcampbell]

And once again, the stock held it's own going into the end of the day securing us with a near 4% gain on the day. Time for a beer

[lcjr]

$14.90 at closing. Tomorrow will be an interesting day. Something to ponder over tonight...

[AngryEdmontonian]

Just so we're all on the same page. I'm hoping this isn't fodder for the bears seeing how they love the million dollar order. There can't be more than a few thousand people attending BlackBerry live, but I could see them trying to spin this into BlackBerry and brightstar colluding and giving away the million devices to the couple thousand attendees.

Posted via CB10 on my Z10

[Soumaila Somtore]

Close $14.90 almost +4% with around $23M Volume there is no complain here!!!

[tygros]

Just so we're all on the same page. I'm hoping this isn't fodder for the bears seeing how they love the million dollar order. There can't be more than a few thousand people attending BlackBerry live, but I could see them trying to spin this into BlackBerry and brightstar colluding and giving away the million devices to the couple thousand attendees.

Posted via CB10 on my Z10

Heavily doubt it - if anything, (IMHO) I bet Brightstar got the sponsorship and Z10's thrown in in exchange for their large purchase order. Marketing sponsorship included, etc

[Bigbacala]

Wow looking at Nasdaq somebody purchased 130,997 shares @$14.90 just after the buzzer 16:00:04

Posted via CB10

[Shanerredflag]

[lcjr]

And once again, the stock held it's own going into the end of the day securing us with a near 4% gain on the day. Time for a beer

Happy hour starts here 2:00-6:00 PM. Tall drafts of your choice for $2.50 each. To bad I can't join you yet in that afternoon beer. I still have
2 1/2 hours left in this stress factory.

[tygros]

164MM Short interest
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
4/15/2013 164,340,145 35,892,399 4.578689


Read more: Research In Motion Limited (BBRY) Short Interest - NASDAQ.com

[Bugmapper]

Its a thing of beauty....