by Gavin M.
Are ya ready?? Are ya ready for it? Are ya ready for Blackberry to wow you with their awesomeness? I know I am.
September 27, 2013 - Be there. Live it. Watch it. BELIEVE IT.
I think it's already very clear how wonderful Blackberry has been to people lately. It's nothing short of a Pump and Dump scheme where the 'believers' or beliebers (Canada ref) would keep buying every piece of lie analysts would provide out there.
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I really think Blackberry will have more subscribers lost, more money burnt and eroding market share when they come out this 27th. To top it all, I know they will never be bought by November. They didn't get bought last year when they were still "valuable", they sure as hell won't be bought now.
If ever they do get bought out, it can't be more than $11/share. People kept telling me that Nokia finally got bought out but if you look at Nokia, it took YEARS and they got bought out when their share price were at their absolute lowest. So yeah, good luck w/ that.
My Position Update:
LONG BBRY $10.50 Jan14 Puts. - Been in since August 2013.
Gavin Martinsson is Co-Founder of Equity Sense. He founded Equity Sense together with Mike Lim. His twitter handle is @GEQSENSE. He has been trading for close to 12 years. He mainly trades futures, forex and options.
Traders from Equity Sense will be writing on this blog on positions and other market-related things.