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Tufenk

 
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  • Hedge Your BlackBerry Holdings As Shareholders Get Madder [View article]
    The whole thing smells to hi-heaven....... Prem & Co are now BS..... BlackBerry Snipers, shame on you Prem!!
    Sep 23 02:10 PM | 2 Likes Like |Link to Comment
  • Hedge Your BlackBerry Holdings As Shareholders Get Madder [View article]
    $BBRY $9 a share whooppiii !!! add Prem to the tragedy, sad......
    Sep 23 01:44 PM | 3 Likes Like |Link to Comment
  • Hedge Your BlackBerry Holdings As Shareholders Get Madder [View article]
    Good question. As one of the other authors has said, the value is what a willing buyer is prepared to pay. BBRY is getting pretty cheap thanks to Heins & Co. The bids will start to appear soon, and go up from here. The spin-off scenario I hoped for is probably gone unless Heins resigns voluntarily this week. Now value fully discounted $9-13 from a previous $16-20. Bummer
    Sep 23 12:59 PM | Likes Like |Link to Comment
  • Hedge Your BlackBerry Holdings As Shareholders Get Madder [View article]
    Prudent if you are willing to take the loss on the long. Thanks
    Sep 23 11:17 AM | Likes Like |Link to Comment
  • Hedge Your BlackBerry Holdings As Shareholders Get Madder [View article]
    $BBRY, the jet story came home in spades here! Heins needs to be ousted by the board for cause!! The stock will spike when this is announced, meantime capture the volatility.
    Sep 23 08:50 AM | 1 Like Like |Link to Comment
  • Reports: Lazaridis weighing bid for BlackBerry [View news story]
    The only one going anywhere is the CEO. From WSJ : By
    WILL CONNORS
    And
    MARK MAREMONT

    CONNECT

    WATERLOO, Ontario—Canadian smartphone maker BlackBerry Ltd., BB.T -16.08%which on Friday said it was set to post a loss of almost $1 billion for the quarter ended Aug. 31 and slash 40% of its workforce, only two months ago added a larger plane to its corporate-jet fleet.

    The company purchased a 2006 Bombardier BBD.B.T -0.63% Global Express in July, according to Canadian aircraft-registry records. Although the price it paid for the jet couldn't be learned, similar planes are listed for sale for about $25 million to $29 million on a used-aircraft marketing website.

    Less than a year ago, beset by slumping sales, BlackBerry sold one of its three corporate jets to cut costs. The sale left it with two Dassault Falcon jets that it had purchased several years earlier.

    BlackBerry said Sunday that it acquired the used Global Express in July, but added that it now plans to sell its entire corporate-jet fleet due to its current financial straits.

    "Earlier this year the company decided to sell both [Dassault] planes and replace them with one longer-range aircraft," company spokesman Adam Emery said in a statement. "The company considered several options and selected a used Bombardier aircraft, which was eventually delivered in July," he said.

    Social-media posts indicate the older Dassault jets were spotted in Europe as recently as early this month, including on a flight to Marseille, France.

    Mr. Emery said he wasn't sure when the two older jets were last used, but said he didn't "believe they have been flown since we took delivery of the newer used jet."

    The new business jet, manufactured by Bombardier Inc. of Canada, is considerably larger than the jet BlackBerry sold last year, and can fly from New York to Tokyo without refueling.

    "In light of the company's current business condition," Mr. Emery said, "the company has decided to sell that aircraft along with the two legacy aircraft and will no longer own any planes."

    BlackBerry also said Friday that it would seek to cut operating costs by 50% after sales of its latest line of phones flopped. The company will write down nearly $1 billion in unsold phone inventory in the latest quarter.
    Sep 23 01:14 AM | Likes Like |Link to Comment
  • BlackBerry slips; Pac Crest notes purchase commitments [View news story]
    He is Mad.....http://seekingalpha.co...
    Sep 22 11:50 AM | Likes Like |Link to Comment
  • BBM Spin-Off Could Create Short Exodus [View article]
    That's another spin-off/sale candidate, or maybe spin-off BBM and BES together without the hardware business which is the drag on the company at this point. If your number is right and add conservatively another $5 billion for BBM, you have a $15 billion spinoff to shareholders, or roughly 2.8 X the current share price(for that matter, cut these by another ~ 1/3 and you have a double). $BBRY needs better M&A bankers and deliberate execution by its leadership.
    Sep 22 05:52 AM | Likes Like |Link to Comment
  • Reports: Lazaridis weighing bid for BlackBerry [View news story]
    TH and Alfred E. http://seekingalpha.co...
    Sep 21 09:07 PM | 1 Like Like |Link to Comment
  • Thorsten Goes Mad, Shareholders Matter And Madder [View instapost]
    Waiting for BBM app announcement.
    Sep 21 09:03 PM | Likes Like |Link to Comment
  • BlackBerry slips; Pac Crest notes purchase commitments [View news story]
    I think your assumption of the writedown "(largely due to Z10 that will not be built but have a minimum purchase commitment)" could actually be wrong. First, a lot of the parts for the products are interchangeable such as the snapdragon cpu etc. Second, the Z10 is where they were overzealous and therefore most of the ambitous PO's were commited. The NRE that isn't going to be amortized with canceled orders is probably in the number as well. Friday's release could actually be the total cost of Pac Crest's $4.3 billion shock & awe number above. This may be the "kitchen sink" moment for BBRY. Pays to be long volatility here as we see the rest of the story unfold.
    Sep 21 04:47 AM | 1 Like Like |Link to Comment
  • BlackBerry's CEO Hosts Annual and Special Meeting of Shareholders Conference (Transcript) [View article]
    And the second lesson is sometimes is better to listen than to speak, something our friend TH has not learned. What a shame. Look for major change, think the price action is emanating from additional short sales. All the writedown and warning news is a precursor to deal facilitation.
    Sep 21 03:06 AM | Likes Like |Link to Comment
  • BBM Spin-Off Could Create Short Exodus [View article]
    Love that scene! This name has become a traders delight. The BBY salesgeek told us the phones were only for BBRY die hard fans. From My Instablog post on Sept 16:
    Best Buy Store Reveals The Solution For BlackBerry: It's All BBM [Edit or Delete]
    I visited a Best Buy (BBY) mobile store over the weekend place strategically in an upscale mall that also has an Apple (AAPL) store and a Microsoft (MSFT) store as well. What was interesting was the staff at this store. They were young and very knowledgeable. The person who approached me was maybe 23 years old and on top of his game regarding smart phones and the companies behind them. He told me that they were not getting any more BlackBerry (BBRY) Z10s. He also said that the Q10 was available but he had to order it. I asked about the sales and he explained that they sold them to die hard BBRY fans but nobody was switching back from Android or IOS. Bottom line at Best Buy is they are not a BlackBerry supporter. But what happened next was actually very good news to me in terms of what may soon happen to BBRY. The young man was complaining that BBRY's app selection was light and that was their weakness in his opinion. But he then added the main ingredient to this post, namely he couldn't wait for the BBM messenger app to be approved for IOS. He said when he used the BBRY phone as a kid (I think he still is a kid) he loved the BlackBerry Messenger "BBM". He read that the BBM IOS app has been pending AAPL approval for two weeks. So then I found this in a recent article on the subject:

    "While there is a general feeling that BlackBerry should have launched its BlackBerry Messenger service for these platforms much earlier, the launch is still highly anticipated. Recently we discussed how Samsung is very busy pushing the BBM Android app and has been heavily promoting the app for its Galaxy devices." Tags: BBRY, MSFT, AAPL
    Sep 16 3:04 PM |Report Abuse|Link|Comment!
    Sep 20 09:21 PM | Likes Like |Link to Comment
  • BlackBerry plunges 20% [View news story]
    The BBY salesgeek told us the phones were only for BBRY die hard fans. From My Instablog post on Sept 16:
    Best Buy Store Reveals The Solution For BlackBerry: It's All BBM [Edit or Delete]
    I visited a Best Buy (BBY) mobile store over the weekend place strategically in an upscale mall that also has an Apple (AAPL) store and a Microsoft (MSFT) store as well. What was interesting was the staff at this store. They were young and very knowledgeable. The person who approached me was maybe 23 years old and on top of his game regarding smart phones and the companies behind them. He told me that they were not getting any more BlackBerry (BBRY) Z10s. He also said that the Q10 was available but he had to order it. I asked about the sales and he explained that they sold them to die hard BBRY fans but nobody was switching back from Android or IOS. Bottom line at Best Buy is they are not a BlackBerry supporter. But what happened next was actually very good news to me in terms of what may soon happen to BBRY. The young man was complaining that BBRY's app selection was light and that was their weakness in his opinion. But he then added the main ingredient to this post, namely he couldn't wait for the BBM messenger app to be approved for IOS. He said when he used the BBRY phone as a kid (I think he still is a kid) he loved the BlackBerry Messenger "BBM". He read that the BBM IOS app has been pending AAPL approval for two weeks. So then I found this in a recent article on the subject:

    "While there is a general feeling that BlackBerry should have launched its BlackBerry Messenger service for these platforms much earlier, the launch is still highly anticipated. Recently we discussed how Samsung is very busy pushing the BBM Android app and has been heavily promoting the app for its Galaxy devices." Tags: BBRY, MSFT, AAPL
    Sep 16 3:04 PM |Report Abuse|Link|Comment!
    Sep 20 09:18 PM | Likes Like |Link to Comment
  • BlackBerry plunges 20% [View news story]
    No surprises here, this is all expected in the coming big change ahead. Now they have paved the way for the spin. Good to see they are focussed on cost cutting and cash. The breakup/refocus plan is well under way. The stock has plenty of volatility looking forward. Trade it.
    Sep 20 09:02 PM | Likes Like |Link to Comment
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