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Bought some BB this morning

2

Comments

  • 89ute
    89ute Member Posts: 2,486
    14 still too high. Bought at the money puts just before close. Elevator going down to 11.
  • PostGameOrangeSlices
    PostGameOrangeSlices Member Posts: 27,673
    89ute said:

    14 still too high. Bought at the money puts just before close. Elevator going down to 11.

    Longterm BB will get to $50...
  • greenblood
    greenblood Member Posts: 14,566

    89ute said:

    14 still too high. Bought at the money puts just before close. Elevator going down to 11.

    Longterm BB will get to $50...
    I could see a gamma squeeze make that happen, but I can’t see it staying that high long term.
  • 89ute
    89ute Member Posts: 2,486

    89ute said:

    14 still too high. Bought at the money puts just before close. Elevator going down to 11.

    Longterm BB will get to $50...
    Based on fundamentals, I agree. I think there is something to the IVY story and the revenue it's supposed to bring. But BB is not a short squeeze. I only made 19% on my puts but I'll take it. I still think this stock is going back to 11 or lower. I pulled the trigger at about 12.80. Pretty much the low for last week.

    Thinking about another put play if it climbs back to 14 before earnings on 6/24 close.
  • Baseman
    Baseman Member Posts: 12,379
    89ute said:

    89ute said:

    14 still too high. Bought at the money puts just before close. Elevator going down to 11.

    Longterm BB will get to $50...
    Based on fundamentals, I agree. I think there is something to the IVY story and the revenue it's supposed to bring. But BB is not a short squeeze. I only made 19% on my puts but I'll take it. I still think this stock is going back to 11 or lower. I pulled the trigger at about 12.80. Pretty much the low for last week.

    Thinking about another put play if it climbs back to 14 before earnings on 6/24 close.
    Why would people drop trade their iPhone or Android for a BB
  • PostGameOrangeSlices
    PostGameOrangeSlices Member Posts: 27,673
    Baseman said:

    89ute said:

    89ute said:

    14 still too high. Bought at the money puts just before close. Elevator going down to 11.

    Longterm BB will get to $50...
    Based on fundamentals, I agree. I think there is something to the IVY story and the revenue it's supposed to bring. But BB is not a short squeeze. I only made 19% on my puts but I'll take it. I still think this stock is going back to 11 or lower. I pulled the trigger at about 12.80. Pretty much the low for last week.

    Thinking about another put play if it climbs back to 14 before earnings on 6/24 close.
    Why would people drop trade their iPhone or Android for a BB
    Serious question?
  • 89ute
    89ute Member Posts: 2,486
    Baseman said:

    89ute said:

    89ute said:

    14 still too high. Bought at the money puts just before close. Elevator going down to 11.

    Longterm BB will get to $50...
    Based on fundamentals, I agree. I think there is something to the IVY story and the revenue it's supposed to bring. But BB is not a short squeeze. I only made 19% on my puts but I'll take it. I still think this stock is going back to 11 or lower. I pulled the trigger at about 12.80. Pretty much the low for last week.

    Thinking about another put play if it climbs back to 14 before earnings on 6/24 close.
    Why would people drop trade their iPhone or Android for a BB
    I can interpret old man speak being one of them. Lemme unscramble this. BB will drop, do the trade on your iPhone or Android.
  • Baseman
    Baseman Member Posts: 12,379

    Baseman said:

    89ute said:

    89ute said:

    14 still too high. Bought at the money puts just before close. Elevator going down to 11.

    Longterm BB will get to $50...
    Based on fundamentals, I agree. I think there is something to the IVY story and the revenue it's supposed to bring. But BB is not a short squeeze. I only made 19% on my puts but I'll take it. I still think this stock is going back to 11 or lower. I pulled the trigger at about 12.80. Pretty much the low for last week.

    Thinking about another put play if it climbs back to 14 before earnings on 6/24 close.
    Why would people drop trade their iPhone or Android for a BB
    Serious question?
    trade their iPhone for a BB. Yes. Serious question. What's so great about IVY that would make people switch?
  • PostGameOrangeSlices
    PostGameOrangeSlices Member Posts: 27,673
    Baseman said:

    Baseman said:

    89ute said:

    89ute said:

    14 still too high. Bought at the money puts just before close. Elevator going down to 11.

    Longterm BB will get to $50...
    Based on fundamentals, I agree. I think there is something to the IVY story and the revenue it's supposed to bring. But BB is not a short squeeze. I only made 19% on my puts but I'll take it. I still think this stock is going back to 11 or lower. I pulled the trigger at about 12.80. Pretty much the low for last week.

    Thinking about another put play if it climbs back to 14 before earnings on 6/24 close.
    Why would people drop trade their iPhone or Android for a BB
    Serious question?
    trade their iPhone for a BB. Yes. Serious question. What's so great about IVY that would make people switch?
    The BB tech isnt being used for phones. They threw in the white towel on that market.

    Its software is for government and private sector security, as well as for electric vehicles
  • 89ute
    89ute Member Posts: 2,486
    Baseman said:

    Baseman said:

    89ute said:

    89ute said:

    14 still too high. Bought at the money puts just before close. Elevator going down to 11.

    Longterm BB will get to $50...
    Based on fundamentals, I agree. I think there is something to the IVY story and the revenue it's supposed to bring. But BB is not a short squeeze. I only made 19% on my puts but I'll take it. I still think this stock is going back to 11 or lower. I pulled the trigger at about 12.80. Pretty much the low for last week.

    Thinking about another put play if it climbs back to 14 before earnings on 6/24 close.
    Why would people drop trade their iPhone or Android for a BB
    Serious question?
    trade their iPhone for a BB. Yes. Serious question. What's so great about IVY that would make people switch?
    Sorry. I thought you were joking.
    https://blackberry.qnx.com/en/aws

    BB hopes to create an app store with Amazon. IVY software allows different automakers on different software platforms to feed info into the app. Plus business to advertise to your connected car.