Bought some BB this morning

Sources said:

89ute said:

Baseman said:

Bought at $17.38.

Sold 25 minutes later at $14.35.

I suck at this Meme stuff.

You may want to check this one out a little more. BB is actually a "real" company. Their operating system QNX is in practically every electric car in the world - but it's a low, one time revenue type of thing. Check out Blackberry IVY, it's supposed to be YUGE. I got caught up in Blackberry last time it blew up about 6 months ago. Since then, I learned myself up on the company after the fact and decided to hold. I got caught up selling cash secured puts and rolling it up every day and a half then it plummeted just before expiration. Having been a bag holder, I made a little back selling covered calls and lost my shares last week at 9 bucks. I think it will go back to that level or 10ish pretty darn soon. That's when I jump back in. IVY, I think, will launch in February.

Eh, BB is fine, but they look to be the next Nokia: relatively antiquated tech, and now turning to IP monetization to survive.

Fortunately for them, they saw this coming and have invested in some tertiary tech, like QNX, UES, and UEM, but they lack the expertise, IP, and capital to pull these off well IMO. That's not to say that the stock won't perform, but fundamentally I think BB is a longshot

Sources said:

89ute said:

Sources said:

89ute said:

Baseman said:

Bought at $17.38.

Sold 25 minutes later at $14.35.

I suck at this Meme stuff.

You may want to check this one out a little more. BB is actually a "real" company. Their operating system QNX is in practically every electric car in the world - but it's a low, one time revenue type of thing. Check out Blackberry IVY, it's supposed to be YUGE. I got caught up in Blackberry last time it blew up about 6 months ago. Since then, I learned myself up on the company after the fact and decided to hold. I got caught up selling cash secured puts and rolling it up every day and a half then it plummeted just before expiration. Having been a bag holder, I made a little back selling covered calls and lost my shares last week at 9 bucks. I think it will go back to that level or 10ish pretty darn soon. That's when I jump back in. IVY, I think, will launch in February.

Eh, BB is fine, but they look to be the next Nokia: relatively antiquated tech, and now turning to IP monetization to survive.

Fortunately for them, they saw this coming and have invested in some tertiary tech, like QNX, UES, and UEM, but they lack the expertise, IP, and capital to pull these off well IMO. That's not to say that the stock won't perform, but fundamentally I think BB is a longshot

When you have Amazon Web Services in your corner to help develop and market IVY it could be a game changer, which is probably the exact move you make when you lack capital and expertise.

I think it's a shame that BB is getting caught up in the same kind of AMC/GME over valued bullshit. I'll be back in when this thing is back around 9.50 - 10 and take a little ride up on the back of the IVY release.

You may be right, and it's definitely possible that BB gets some traction. I'm admittedly not as versed on the specifics of the IVY platform, but I have it on very good authority that as far as virtualization (i.e., QNX, and likely the underlying architecture for IVY) goes, BB is a paper tiger at best.

Swaye said:

Read the thread title as BBC. Leaving disappointed.