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Blackberry Stock

Posted on 11/5/13 at 5:30 pm
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 11/5/13 at 5:30 pm
What are your feelings on it. Cramer said it is a coiled spring at $12. I wonder how he feels about it at $6.6? He is a bald retard but I am thinking about maybe buying some shares now that it is this low.
Posted by Dooshay
CEBA
Member since Jun 2011
29879 posts
Posted on 11/5/13 at 6:21 pm to
quote:

Cramer said


stopped reading
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 11/5/13 at 6:52 pm to
You should finish reading as that portion is later justified.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 11/5/13 at 9:00 pm to
Blackberry's assets (patents, software licensing) may have some value but you need to know what you're doing to value those assets.

Ignore anyone chasing "momentum" plays here and consider this as an exercise in valuing the assets of a company that is not likely to be a going concern. My guess is that the smart money has already done this and that the current price is probably fair value, this is not a company that will announce positive sales surprises.
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 11/5/13 at 11:15 pm to
don't look at the stock price on this one, look at the market cap......assets aren't worth that much ....still a LONG way to go

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This post was edited on 11/5/13 at 11:16 pm
Posted by makersmark1
earth
Member since Oct 2011
15860 posts
Posted on 11/6/13 at 1:37 pm to
If you think the future earnings are worth the price- buy it.

If you find a better business- buy it.

BBRY looks like a cash 3 lottery ticket. Most of the time you lose, but sometimes the numbers come up.

If you think they are going to make it, look at their carriers and suppliers. This is a safer way to play it.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 11/6/13 at 11:08 pm to
The President of the company has a GOLDEN parachute that is turning off any knights.
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