BB holders, any thoughts on the short term outlook right now? It sadly appears this stock is still grouped with the other meme stocks like GME and AMC, and is still mirroring their price movement. It would be nice if BB could separate from them. It’s puzzling because there has been a lot of good news coming out about BB’s new partnerships and with Amazon and others giving this stock a great long term outlook. I’m wondering if the institutional buyers/investors are purposely driving the price down to so that they can buy in low, or if MMs are manipulating the price to avoid paying out a large volume of calls that expire this Friday, or a combination of both.

3 ...

Report Post

Posted by AA7

Birmingham, AL

Member since Nov 2009

26808 posts

Posted on 2/16/21 at 8:40 pm to tigerinthawoods

This is one I’ve just decided to ignore for the next several months. I jumped in it with plans of staying in for at least a year.

0 ...

Report Post

Posted by SloaneRanger

Upper Hurstville

Member since Jan 2014

8111 posts

Posted on 2/16/21 at 8:47 pm to tigerinthawoods

I bought it on a flyer based on a post I saw on here. It was described as one to buy and forget about for a couple of years. That is what I am doing.

0 ...

Report Post

Posted by TulaneLSU

Member since Aug 2003

Member since Dec 2007

13298 posts

Posted on 2/16/21 at 8:59 pm to tigerinthawoods

Friend,

BB may seem down right now, but keep in mind it is up over 65% from a month ago. It was grouped in with GME during that meteoric rise, but has nonetheless had a remarkable opening to the year. I sold half my stake during the pandemonium for a sizable profit. The other half I will hold probably for the next few years. I do not understand stocks very well, but I think this one still has good upside although I would not expect a huge increase any time soon.

Yours,
TulaneLSU

1 ...

Report Post

Money Talk - Replies to Post

Return To Board

Page 1

Return To Board