TaKE A LOOK AT THE HEADLINES FROM THE MOST RECENT ARTICLE :
published today July 8,2014
- BlackBerry has surprised investors with a series of good news lately.
- BlackBerry’s house cleaning operation last year has been successful, and set the ground for future growth.
- Once BlackBerry reports operating cash flow profitability, investors will pile into the stock.
- Investor sentiment is gradually changing, which is a key requirement for higher stock prices.
a general contempt , sadness and scorn for the once mighty smartphone maker is being replaced with calls of a rise due to the new management, short squeeze and reassessment of the prospects of the ” new ” BBRY.
here is a sample from Seeking Alpha Article list for Blackberry
- The short squeeze is still strong for BlackBerry.
- The stock has hit a 10-month high. Citron Research agrees with my view that BlackBerry has a big potential revenue growth catalyst in Project Ion.
- Citron Research upgraded its PT for BBRY from $15 to $20.
Hale Stewart • Yesterday, 2:14 PM •
Shock Exchange • Yesterday, 10:49 AM •Disclosure : Jack A. Bass Managed Accounts re-entry point for BBRY is $10.02- it is worrisome when everyone agrees …
BLACKBERRY(BBRY:NASDAQ, US)10.68USD0.53(-4.73%)Volume:Above AverageAs of 08 Jul 2014 at 11:58 AM EDT.
Open 11.14 P/E Ratio (TTM) – Last Bid/Size 10.68 / 131 EPS (TTM) -11.39 Last Ask/Size 10.69 / 32 Next Earnings 26 Sep 2014 Previous Close 11.21 Beta 1.17 Volume 17,320,053 Last Dividend – Average Volume 19,182,430 Dividend Yield 0.00% Day High 11.20 Ex-Dividend Date – Day Low 10.56 Shares Outstanding 526.9M 52 Week High 12.18 # of Floating Shares 500.0557M 52 Week Low 5.44 Short Interest as % of Float 19.19%
BlackBerry defends the Passport
Shares of Canadian handset company BlackBerry fell 5%, giving back nearly all of Monday’s gain. BlackBerry has been an especially volatile stock in recent sessions, so its decline is not surprising.
Late on Monday, BlackBerry published an official blog post defending the design of its upcoming handset, the Passport. The BlackBerry Passport has received a notable level of attention in recent weeks due to its unconventional design: a large phone with a physical keyboard and square-shaped body.
BlackBerry argues that the Passport’s square screen is ideal for productivity — at 4.5-inches, it isn’t as large as some of the larger Android handsets on the market, but the added width makes it easier for users to view documents.
The Passport alone won’t dictate BlackBerry’s future, but success here could help the company erase its losses. Last quarter, the company lost money, though less than analysts had anticipated. BlackBerry’s management aims to hit breakeven by the end of the year.