I am currently buying long into this company, for a classic turnaround trade. no im not expecting the glory days of 100's, but definitely 30 is reasonable.
blackberry z10
Saturday, February 23, 2013
Blackberry (BBRY) Is a strong buy!
Blackberry is a strong buy! At current prices of 13.18 you are getting a steal for a great company. Currently the market is evaluating the company as if it is going to liquidate everything and return it to shareholders. That is just ridiculous, this thing is trading under book value according to ycharts.com The z10 is selling out everywhere, including canada, uk and all around the globe, and suppliers are stating "out of stock"! This, and the z10 is still yet to sell in the US. With this much momentum for the phone all around the world, strong demand is expected in the US and other markets yet to still be released. I would not be surprised to see the stock trading in the 30s range and above, by the end of this year! After the z10 and q10 have really shown there true colours through actually hard numbers.
I am currently buying long into this company, for a classic turnaround trade. no im not expecting the glory days of 100's, but definitely 30 is reasonable.
I am currently buying long into this company, for a classic turnaround trade. no im not expecting the glory days of 100's, but definitely 30 is reasonable.