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KIA Investment Research
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A little bit about me: I hold two US issued software patents and one issued internationally. I have 3+ decades experience as a software architect, and 14 years as an intellectual property researcher. I've delivered 1/2 a dozen shrink-wrap retail software packages to market. I spent 3 years at... More
  • Censoring Opinions On BlackBerry's Fall Today 7 comments
    Sep 20, 2013 6:16 PM

    Michael Blair published an article today titled BlackBerry Is Far From Dead. Right Sized, It Will Have A Profitable Future where he says the following:

    It has become very American to bad mouth BlackBerry and it is not a feature of the American ethic that I admire. Sure, there are a lot of Americans with sizeable short positions in BlackBerry who stand to profit if the firm fails and more power to them. But the degree to which American TV and press journalists think it worthwhile to proclaim the failure of a very fine firm on a daily basis is unfortunate. Maybe it sells newspapers or more advertisements. I don't know.

    One SA member using the name Marcap makes it a point to post negative comments on BlackBerry daily, posting over 2,000 such comments so far by my count. He rarely comments on anything else. He (if it is a he) typifies the plague of negativism that BlackBerry is subjected to.

    Since my reply was neither derogatory nor inflammatory, but nonetheless deleted, I'm publishing it here for all to read.

    Please note, within maybe an hour of me posting this, BlackBerry stock crashed 20%. So my post was not only reasonable, but dead on.

    -- BEGIN DELETED POST --

    Michael,

    I'm going to express my disappointment in your article by sharing a little story with you.

    As you know, several months back another author here on S/A wrote a fantastic tale of the Q10's desirability and BlackBerry's investment potential.

    In this tale this author described how Selfridges sold 2,000 Q10s in 90 minutes, and how "there were lots of exporters buying 20+ units each. They had suitcases, and one used the suitcase to block people in the escalator so his pal could be first to the counter."

    As you can well imagine, the longs and prospective longs were ecstatic.

    It was picked up and echoed all over the world and according S/A author Kurt Windibank, it actually moved the needle:

    "Kurt Windibank Comments

    Looks like your article is maybe "moving the markets"...stock was stuck at 14.70...moved up .10 cents moments after this hit! lol.

    At least you had some photos to back up your article?!!!"

    So tell me Michael, how much damage was this article to investors?

    You and so many emphatic longs should stop and listen to what the shorts are saying. Had the irrationally exuberant in that thread listened to us shorts, they would be $4.55 per share richer than today.

    In the end, me, Marcap, rtmunro, and others will be proved right.

    Oh, we may not know the finial disposition of the company, but we know a lot of folks will lose a lot of money, and they should have listened to us all along.

    Sure, we may have a vested interest, I know I do, but that vested interest is *because* I believe the company is going down, not the other way around.

    Anyway, good luck to all.

    Disclosure: I am short BBRY.

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Comments (7)
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  • KIA Investment Research
    , contributor
    Comments (9249) | Send Message
     
    Author’s reply » [UPDATE]

     

    Given that $BBRY crashed 20% mere moments after I made this post, I would like to update the above sentence:
    "Had the irrationally exuberant in that thread listened to us shorts, they would be $4.55 richer than today."

     

    to read:
    "Had the irrationally exuberant in that thread listened to us shorts, they would be $6.25 per share richer than today."
    20 Sep 2013, 06:46 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (8790) | Send Message
     
    The $BBRY pumping police is out in force again, I suppose.
    20 Sep 2013, 07:07 PM Reply Like
  • Tales From The Future
    , contributor
    Comments (5018) | Send Message
     
    I would be interested to know who censors these comments, the author or SA moderators?

     

    In any case, I see nothing derogatory etc. and don't understand why such comments are deleted !?
    20 Sep 2013, 07:54 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (9249) | Send Message
     
    Author’s reply » Well I asked Michael directly and he said it wasn't him, so who knows.
    Also it looks as many of Marcap and wiesje's comments were deleted as well.
    20 Sep 2013, 07:59 PM Reply Like
  • Seppo Sahrakorpi
    , contributor
    Comments (1971) | Send Message
     
    Interesting, someone out there is getting very sensitive...

     

    What did the email SA editors sent you regarding the deletion say? Usually they give some explanation.
    20 Sep 2013, 08:29 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (9249) | Send Message
     
    Author’s reply » No email on this particular one, or not yet at least.
    But you're right, I usually do get a notification.
    20 Sep 2013, 08:33 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (8790) | Send Message
     
    Whenever you post strong concerns on any fandom stock, your SA inbox fills with hate and some comments get flagged via the Report Abuse button. Sometimes there is no notification. It's just the way it is.
    21 Sep 2013, 03:39 AM Reply Like
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