DD here for BlackBerry:

Yes this is the same company that sold phones. They do not sell phones anymore. Now they sell software, and trendy software for the future at that

BB QNX is a software product for EVs. A majority of the top 20 EV producers are partnered to use BB QNX for their vehicle lines, about 60% of market share so far with potential partners that do not have a provider yet. QNX is a real time embedded operating system for vehicles, and already is installed in 175 million vehicles, but it can also be found in a number of non-vehicular settings

BB IVY is an upcoming partnership with AWS, announced a few months ago.

quote:

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BlackBerry and AWS are joining forces to develop BlackBerry IVY, a scalable, cloud-connected software platform that will allow automakers to create personalized driver and passenger experiences and improve operations of connected vehicles with new BlackBerry QNX and AWS technology.

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IVY will be a huge component for driverless vehicles in the future.

BB also is very big in the cyber security market with its Cylance software, which is a direct competitor to Crowdstrike.

The switch to software sales for BB is huge. It’s revenue is very high margin and poised for big growth in the near and long term. The company has been in a turnaround for several years now, and the CEO has recently made a big investment into marketing and has said they will be profitable again this year. This year is the end of the turnaround cycle, as the company has mostly been turned around, but the stock price doesn’t reflect it. Crowdstrike is a good comparison for the type of valuation BB could achieve soon

This is a long term, buy it and forget about it type play. There are catalysts for short term growth, but the long term catalysts like the expansion of QNX and creation of IVY are key

Edit: and next catalyst is a civil trial for Friday between BB and Facebook. Facebook bought WhatsApp, which uses stolen BB technology. A big settlement is expected

I'll ride with you simply based on the fact you were defending GME in that thread with me

I'm in

I find BB to be incredibly comparable to GME and that’s why it’s my next play. I’m already invested in it but once GME settles I’ll be putting a lot more on it. Glad you’re joining in

Studying for my MBA has taught me a whole new way to look at opportunities.

Financials are always important, but at the base of every solid investment needs to lie a good team and a good marketing department.

BB has already been there - this will help their marketing tremendously as they already have the brand recognition. Did they just recently get into this sector or has it been a while coming?

one more thing on BB...

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. In November 2013, John S. Chen took over as CEO. His initial strategy was to subcontract manufacturing to Foxconn, and to focus on software technology. Currently, his strategy includes forming licensing partnerships with device manufacturers such as TCL Communication and unifying BlackBerry's software portfolio.

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y'all research Foxconn vis a vis AAPL and their driverless car initiative, then take a look at what happened with ROKU after their deal with TCL

then go back and read upperdecker's post again

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BB has already been there - this will help their marketing tremendously as they already have the brand recognition. Did they just recently get into this sector or has it been a while coming?

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This is several years in the making. I believe since 2013. Their revenue is already entirely software sales and subscriptions and services. And they have a small P/E ratio compared to most software companies that aren’t going down the gutter. Compare to Crowdstrike. This stock is mostly down bc the transformation was costly and killed their earning years in a row. But John Chen the CEO says that all changes this year and they should be profitable again, and they have a lot of things on the horizon too

Thanks for the tip


Wish I could get my old BlackBerry back

Best phone ever

Bought about $5k of BB in December. There is all sorts of chatter about the potential in this stock. Long term hold and will be accumulating

Go to etrade and sign up for an account. Transfer money from your bank account to your etrade account.

Friend,

Mother was thrilled when I offered her this opportunity. We now own 2500 shares of BB, and just in the five minutes since opening you have made us about $200. I like this as a long hold, even though I have no reason why. I guess I am just trusting of your advice.

Yours,
TulaneLSU