Blackberry Ltd. (NASDAQ:BBRY)

CAPS Rating: 1 out of 5

The company behind the BlackBerry, Research In Motion provides a range of wireless hardware, software, and services.

Recs

4
Player Avatar addikt06 (21.58) Submitted: 4/19/2014 11:36:14 PM : Underperform Start Price: $7.16 BBRY Score: -27.18

Clueless CEO setting arbitrary 2-3 year turnaround times... he's got months before this all implodes. Why is he sitting in Silicon Valley? is he shifting BB there? I just don't get this type of management... makes no sense at all.

Blackberry's last hope is to go full Android and become a software company. But quite frankly that's pretty pointless now. The platform wars have been decided and Android / iOS are the winners. There is no room for a #3.

If BB management had a brain they would have spanned BBM across all devices back in 2009... that would make it the king of instant messaging... just that would be worth $19B today.

Report this Post 3 Replies
Member Avatar chrispycrunch (73.36) Submitted: 6/26/2014 10:09:53 AM
Recs: 1

This short thesis is in a world of pain.

Member Avatar addikt06 (21.58) Submitted: 7/3/2014 10:19:10 PM
Recs: 0

chrispycrunch -- I will quote you on this in 6 months.

Member Avatar chrispycrunch (73.36) Submitted: 7/7/2014 2:07:25 PM
Recs: 1

Look forward to it. You may also note my price target is $18 this year and $30 in 2016.

Featured Broker Partners


Advertisement