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Greg Penny
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I manage my own portfolio of stocks and real estate. I only buy what I know and I am either in a stock or not, i do not short. Investing Infuences - Peter Lynch, Warren Buffet, and Rich Dad Poor Dad
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  • Top Ten Reasons To Short BlackBerry

    The Top Ten Reasons to short BlackBerry are:

    10 - No Line ups the night before the launch at any AT&T stores

    9 - Blackberry does not have 300,000 apps that have never been downloaded even once as does Apple and Android

    8 - BlackBerry does not have a stylish chrome trim as does the new Samsung S4

    7 - BB10 does not have an open operating system making it way to hard to create malware for.

    6 - When the AT&T rep was asked if she had any BlackBerry in stock she replied "I just ate them, but i still have a few strawberries left from my lunch."

    5 - When the store manager in London was asked if he had any Z10 in stock he replied "I have lot's, would you like one?" leading the analyst to conclude that no one is buying the new Z10 because the stores still have stock.

    4 - When the store manager in Toronto was asked if he had any Z10 in stock he replied "I am sold out!" leading the analyst to conclude that BlackBerry had supply problems or they had purposefully held stock back to create the impression the that sales were hot.

    3 - in the Z10 if you need more memory you need to replace the memory card with an inexpensive larger one, where as if you need more memory in your iPhone, you get the pleasure of buying a whole new iPhone.

    2 - BlackBerry cannot compare the to security of a Samsung which is made in Korea and China, and has an open operating system which has an app that will separate your work and personal data, and sends you emails without secure encryption.

    and the number one reason to short BlackBerry is.......

    1 - BlackBerries do not taste as good as Apples.

    Disclosure: I am long BBRY, AAPL.

    Tags: BBRY, AAPL, SSNLF
    Mar 26 1:04 PM | Link | 4 Comments
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