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Early feedback on U.K./Canadian BlackBerry Q10 (BBRY -4%) sales indicate volumes below...

Early feedback on U.K./Canadian BlackBerry Q10 (BBRY -4%) sales indicate volumes below expectations, says Cleveland Research. The firm also thinks Z10 sell-thru is likely half of what it was around launch time, and believes BB10 build targets for the next few quarters could fall to 6M-8M from 10M-12M. Likewise, Pac Crest remains bearish, and calls the U.K./Canadian Q10 launches a "mess." The remarks follow a pessimistic note about BB10 sales on Monday from Canaccord, and one on April 25 from Wedge Partners. Jefferies has been more positive.
Comments (98)
  • So Cleveland Research says volumes are below expectations. What a surprise.
    7 May 2013, 11:00 AM Reply Like
  • Below who's expectations? Clearly not bbry since initial stocks are flying off store shelves.
    7 May 2013, 12:32 PM Reply Like
  • All bearish analysts anyway -- what else is new?
    7 May 2013, 11:05 AM Reply Like
  • Aggregate demand for a lot of goods is falling. Sounds like deflation is coming.
    7 May 2013, 11:06 AM Reply Like
  • I think I'll go with what the actual CEO said about sales, as opposed to what some short analyst thinks based on a few phone calls. Wait, was that a short joke?
    7 May 2013, 11:06 AM Reply Like
  • Several SA authors have called for 6M BB10 phones at best this quarter, not the 10-12M. The 6-8M BB10 phones is 20% above what others have offered. It sounds like good news. It looks like the reverse head and shoulders will be complete by the time Blackberry Live takes place. We have to have the stock close at $14.50 to think about it heading higher. It's all coming together longs!
    7 May 2013, 11:06 AM Reply Like
  • Bbry is making 2+ million devices each month. If they make 500k q10, that's 7.5 million a quarter.
    7 May 2013, 12:41 PM Reply Like
  • They said 2 mill q10 s about 660,000 z10 and no mention of the older models. Per month. This was from someone supposedly inside the company. And to turn a profit all they need is a couple of million. Cannot recall now if that is per month or quarter. I believe it is quarter.
    7 May 2013, 06:52 PM Reply Like
  • The usual suspects out with their lies again, one day they will all be in jail and BBRY will be above $100, it could end up like that later this year.
    7 May 2013, 11:07 AM Reply Like
  • That reverse head and shoulders is on the 3 month chart.
    7 May 2013, 11:08 AM Reply Like
  • First we have to break out through symmetrical triangle forming on highs and lows since BB10 release date.
    7 May 2013, 12:16 PM Reply Like
  • I agree..
    7 May 2013, 12:58 PM Reply Like
  • Dont believe these analyst. BB10 is here to stay. I will be a niche player as it build its portfolio of BB10 devices.
    7 May 2013, 11:09 AM Reply Like
  • Another BBRY high wave, another fraudulent 'research piece'....


    Price manipulation should be treated with capital punishment.
    7 May 2013, 11:10 AM Reply Like
  • It hurts investors who don't understand this is a form of liars poker and it deters customers. and in the end it scares investors out of the mkt period it hurts jobs when it hurts the companys good name and it hurts the economy and yes it will affect the shorts because their jobs will also be at risk when there is less money to go around
    it is also part of a larger deflation process Of course the shorts don't see this but it is . there are normal fluctuations but this is eggrarious and is a focused effort to scare> it isn't informed beyond the end of the manipulators own nose.
    7 May 2013, 01:04 PM Reply Like
  • with all the outstanding deep in the money call options, expect volatility when they are exercised as the stock is usually sold to lock in the gains. Smart options traders usually exercise deep in the money options before expiry. Buy the dips:-)
    7 May 2013, 11:12 AM Reply Like
  • I agree. Buy on dips and have patience. The stock is getting hammered today. BBRY is going to go through this volatile activity for at least for the rest of the year.


    7 May 2013, 11:18 AM Reply Like
  • a helpful point thanks.
    7 May 2013, 01:01 PM Reply Like
  • 3 in a row -
    Pacific Crest
    Cleveland - who?


    But they offer no proof.


    Let the company put things right?
    These guys are getting their whacks in before Blackberry Live.
    Then we will hear about new product releases and sale numbers.
    7 May 2013, 11:21 AM Reply Like
  • Funny they all doing it at the same time..Collusion anyone.
    7 May 2013, 11:22 AM Reply Like
  • I am not sure we have to see the stock close at 14.50 but I do agree that it will go down there and test the waters. 100.00? I don't see that, but if you do how wonderful. Don't flip if you see 13.00 again. A couple more bad news stories could push it that far in the short term.
    7 May 2013, 11:23 AM Reply Like
  • Yes, the jails should be filled with wrong playing analysts!
    7 May 2013, 11:29 AM Reply Like
  • SELL sell sell as i want to buy more to add to my kids inheritance
    7 May 2013, 11:34 AM Reply Like
  • Waterloo Joe you greedy fellow. How come with Bbry you either get or you don't. I put in as much as I could talk my wife into letting me without her calling a divorce lawyer. Oh, the pains of a blue collar working class fool.
    7 May 2013, 07:22 PM Reply Like
  • invest in what you know something about , not in what others want you to think. Do your own DD, Remember Fear and Greed run both sides of the highway
    7 May 2013, 09:46 PM Reply Like
  • what is cleveland research's record on $BBRY calls ?
    7 May 2013, 11:44 AM Reply Like
  • Good point.
    7 May 2013, 11:59 AM Reply Like
  • Price is truth...remember..the .market does not care what you think
    7 May 2013, 11:45 AM Reply Like
  • Price is true, even it's manipulated!? It's all gambling around, we know that!
    7 May 2013, 11:53 AM Reply Like
  • it is more than that it is an effort to destroy brand and to disrupt and sway the end user the consumer.
    7 May 2013, 01:00 PM Reply Like
  • Z10 sell through is less than what it was at launch time. That is to be expected, as pent-up demand has now dissipated, and the BlackBerry Z10 is no longer the newest phone on offer.


    You could say the same thing about every major smartphone on the market.
    7 May 2013, 12:00 PM Reply Like
  • $BBRY will be a slow-growth success story. It's the best UI and OS out there hands down and there won't be a competitor for quite some time.


    Patience pays, keep adding on the dips and block out the 'noise.'
    7 May 2013, 12:10 PM Reply Like
  • Right on
    7 May 2013, 12:12 PM Reply Like
  • The dips aren't deep enough for only adding... only the short sellers have an advantage from that! And that hurts BlackBerry.
    7 May 2013, 12:19 PM Reply Like
  • Wrong sentence... that should hurt BlackBerry, but I think that can't hurt them, because the next sales numbers will blow these stupid announcements away!
    7 May 2013, 02:20 PM Reply Like
  • No it's one of the worst reviewed phones out there. In fact it's just a micro kernel, not a full phone.


    The new BlackBerry Z10 – underwhelming and confusing
    7 May 2013, 03:52 PM Reply Like
  • for every subpar review you can find Cereal I can find triple and from much more reputable reviewers:


    and this was well BEFORE the fantastic software upgrade.
    7 May 2013, 03:55 PM Reply Like
  • Still using articles from February? You should try to update. Actually you should cover now or regret it later.
    7 May 2013, 03:56 PM Reply Like
  • cereal - That was a highly idiotic review done by someone whose main complaint was that the OS didn't feel like iOS or Android. Clearly someone who has difficulty adapting to simple, new technology shouldn't be writing about it. Nevertheless, we are happy that these people are keeping BBRY price down so we can accumulate more stock.
    7 May 2013, 06:53 PM Reply Like
  • Seriously? All you can dredge up is a review from Feb 25?
    7 May 2013, 07:48 PM Reply Like
  • BBRY is behaving predictably eh? Higher highs and higher lows. Every time it hits 15 to 16 we get a plethora of bad news and down she goes again. This is a healthy process I think. Just buy at 13 and sell at 15 and etc.
    7 May 2013, 12:24 PM Reply Like
  • Loon, you could be right but that would be more like gambling. You buy a stock because you have done a lot of research, and you strongly believe that its chances are much better than any of its peers to make $$$$. You sell only when you realize you have made a wrong choice,or if you feel the stock is topping. If a couple of persons, who have proven many times to be wrong, can change our mind, then maybe we made the wrong choice in the beginning. What these so called analysts have accomplished is to bring the share price down somewhat. I absolutely don't believe them, but I have to thank them for giving us another great opportunity to add to our positions!!!
    7 May 2013, 01:40 PM Reply Like
  • more garbage from wannabe research firms. The shorts will never give up till earnings reports come out. Mkm partners , where is your two cents worth.?
    7 May 2013, 12:24 PM Reply Like
  • Cleveland research says build will be down to 6-8 million from 10-12 million. I want to see his last research where he mentioned build will be 10-12 million. If he cannot provide it in his previous research, this guy is an outright fraud.
    7 May 2013, 12:24 PM Reply Like
  • My research says that the iPhone will sell a gagillion units next quarter.


    BlackBerry will sell 1 unit next quarter.


    Now the playing field is even.


    Wait till you see my report at the end of next quarter!
    7 May 2013, 03:14 PM Reply Like
  • One of those statements will not meet expectations and one will far exceed :)
    7 May 2013, 03:41 PM Reply Like
  • The stock should explode when BB blows away this analysts expectations!
    7 May 2013, 04:04 PM Reply Like
  • Pac Crest, CannAccord and Wedge. The 3 amigos came to the party and brought along "never heard of ya".


    I love how their "analysis" are always backed up with 0 facts.


    Why not just say "we believe that rumour has it Thor took their $2.6 billion to the race track and blew it all, now BB is considering filing for bankruptcy protection".


    Nice day to pick up BB on the cheap, unless Fenton Detwieller decides to repeat this article tomorrow and scare the noobs some more.
    7 May 2013, 12:32 PM Reply Like
  • well if they do the lawyers will be waiting for them. Just adds to the case that is being built re manipulation.
    7 May 2013, 12:59 PM Reply Like
  • alext1379, totally agree.'' noobs'', never saw that one b4, must be like '' newbies'' eh !!!
    7 May 2013, 01:46 PM Reply Like
  • continental kid says "price is truth" . Might mean something if the markets did not flip flop every day. It is even a bigger liar than your stereotypical politician.
    7 May 2013, 12:39 PM Reply Like
  • I.stanly, your right it can be frustrating. That is the way of markets where people buy and sell. The only choice we have is to accept it or not participate. If we do participate we use all possible info. good or bad and make our own deductions, or depend on others who have a very good batting average. The '' analysts'' we are discussing in this article certainly don't deserve any attention, except possibly to use them in a contrarian manner!!!
    7 May 2013, 01:59 PM Reply Like
  • I do not owe or trade BBRY ...the case on this entire forum is "bad" news is conspiracy...and good news is enlightenment....remem... stock has been range bound from 13 to 18 dollars since the Q whatever...neither break out or break down....this is tough market with thin margins....AAPL was number 1 for Samsung......BBRY gave up the mantle with the first IPHONE...and anyone in markets knows market share is hard to come by...ask KO or PEP....or T and VZ.....I can't for one second believe there is room for three major phone brands...BBRY needs a homerun and its the bottom of the ninth ..with a full count......
    7 May 2013, 11:03 PM Reply Like
  • Continental Kid, hang on its coming!!!
    8 May 2013, 07:43 PM Reply Like
  • The way I see it: Blackberry has the best phone out there right now. Samsung's new phone has overheating and battery drainage issues, Apple runs on a six year old operating system and the Nokia Lumia runs on a system you learned to hate on your laptop, plus it doesn't support push mail.
    And I think that'll prove to be the key to BBRY's success...
    7 May 2013, 12:42 PM Reply Like
  • You hit the nail! :-)
    7 May 2013, 12:54 PM Reply Like
  • this explains the dip today along with a penny stock news item re better watch our re insiders trading the thing is the insider activity is not yet posted officially and even the penny stock newsletter says this the scare is coming from where?
    Also it is easy to post a target in the air and then later say well we are disappointed as it wont reach this pie in the sky estimate we set up earlier so be scared really scared. l
    I will wait to hear what the Ceo has to say. I have heard nothing that disputes his guidance that is from a reliable source.
    If these doom sayers were on point they would not need their day jobs.
    I am getting fed up with this nonsense.
    There was also heavy handed negative stuff re bbry on the NOK article that I read from the usual suspect(s) on our bbry SA collusion....yes.
    and they have moved their pattern surprise surprise.
    7 May 2013, 12:44 PM Reply Like
  • Early feedback hmm was this before the z10 and q10 launched and by the way the roll out launch is still ongoing guys. The shorts have to get their licks in now because they will be skewed at options expiry if they don't get the share price adjusted ahead of the expiration date hence the really really early start to this....and it will build through the week based on speculation and spin. the agenda is to get the sp down so a rise wont knock them out of the mkt
    Liars poker time again folks
    7 May 2013, 12:51 PM Reply Like
  • I continue to buy and sell to add to my core holdings courtesy of the shorts as they say don't get mad get even and I will get even.
    7 May 2013, 12:53 PM Reply Like
  • bbryuser, I have been doing this all along, loving it!!!
    7 May 2013, 06:05 PM Reply Like
  • @ TL Nelson^^^^ Samsung's new phone has overheating and battery drainage issues. That's incredible especially regarding a company like Samsung! Did they not test it before launching the product SMH! And then people have the nerve to keep bashing BBRY.
    7 May 2013, 01:21 PM Reply Like
  • ... they are bashing BlackBerry because they fear BlackBerry! :-)
    7 May 2013, 01:29 PM Reply Like
  • Probably not sufficiently. With hindsight, one can see now why it was right to delay the Z10 and Q10. Take the time to make it right, don't rush it. Opposed to Samsung's half-baked release...
    7 May 2013, 01:33 PM Reply Like
  • A lot of companies have issues with new releases. Apple did. I have issues with my GSII big time
    7 May 2013, 01:48 PM Reply Like
  • Yes, but it's better, when it's running good at the beginning! :-)
    7 May 2013, 02:11 PM Reply Like
  • For those who did not read this post to the end, today :


    May 07, 2013 ( via COMTEX News Network)


    Other Stocks to Consider :


    Other companies you may consider on the basis of our model, which have the right combination of elements to post an earnings beat this quarter are as follows:


    Research in Motion Limited (BBRY) currently has an Earnings ESP of +200.00% and holds a Zacks Rank #2 (Buy).
    7 May 2013, 01:33 PM Reply Like
  • In replying to myself :-)


    I am really curious to understand WHY this information was almost burried into a Telus related Post that stated "
    The combination of Telus's Zacks Rank #3 (Hold) and +3.77% ESP makes us confident of a positive earnings beat on May 9, 2013."...


    If 3,77% and rank #3 get highlighted, then, BB's rank #2 and 200% earnings beating forecast should deserve a post per se, in the news, normally, instead of what, we get all this c**p based on divinatory "perceptions" of people we don't get a clue about...


    Sorry for the typos,. my language is french...
    7 May 2013, 02:32 PM Reply Like
  • Reemember boys and girls. Thor told Bloomberg they expect Q10 sales in the "tens of millions" of units. Normally a bold CEO would say "a strong start" and not give exact figures. Thor comes across as being a no nonsense guy, if he says something about a milestone or target, its because they've already reached it.


    Time is something Longs have plenty of at the moment.


    Funny though. iP5 launch was glitchy and now S4 launch has its own major glitches. BlackBerry had a perfect launch minus the shorts.
    7 May 2013, 01:50 PM Reply Like
  • Get it right - he said "several tens of millions"
    8 May 2013, 09:57 AM Reply Like
  • I am not sure of the method employed to drive these affirmations but... based on my own commercial experience and given the numbers that we saw in the company's last report, i see that there were only a couple of weeks (two, I think) of Z10 sales accounted in the profit they declared. Now that we're entering the third month of z10 life and, given the fact that Q10 will have sold for 6-8 weeks at the time of the next report writing, I cannot see how it would get back in the red... Given we know that the precedent basis for profitability has not vanished overnight, the maths should be dead simple :


    The more you sell, the more cash you get out of distribution, right?


    So, how can someone announce Blackberry Q1report will be a disaster (that's what investors fear, after all...), even by the most pessimistic sales numbers? What disturb me, here, is the absence of rationality. After the D-F scam that saw the stock take a nose dive, the recovering has been sluggish, to say the least. Now, the same pattern occurs again? Will it take 6 more weeks to recover from this over reaction? I am afraid so...


    Curious stock to handle, indeed.
    7 May 2013, 01:55 PM Reply Like
  • If this was an American company or Apple, the SEC would be on the case.
    7 May 2013, 02:00 PM Reply Like
  • jppineau, profite de l'occasion pour en acheter d'autre. En bas de 15. c'est presque du vol!!!
    7 May 2013, 06:14 PM Reply Like
  • An other aspect to remember is the CEO of a company who makes a false and misleading statement is liable and could get sued by the shareholders if something they say makes them lose money. I would be inclined to believe what the CEO says Vs. any analyst, even when the Analyst has positive thing to say. Regarding Thor's statement about selling 10's of millions seems a bit exaggerated, but it does show that they feel very confident that they are well on the way to achieve that.
    7 May 2013, 02:34 PM Reply Like
  • Again - he said "several tens of millions"
    8 May 2013, 10:00 AM Reply Like
  • @TS Nelson... good point, looks like Samsung tried to rush the product to market! I was thinking the same thing, that Blackberry tested their product before launch and found some issues and fixed them before releasing the Z10. So that's why they delayed the launch. Now as far as Samasung it will be interesting to see if the problem is software or hardware, if its hardware that will be bad news for sure. Also They still haven't released their Knox software or are delaying it. That's why i think DOD will probably buy most of their phones from Blackberry, why take a chance LOL!
    7 May 2013, 02:34 PM Reply Like
  • Hopefully the DOD will. I think the claim that a Samsung phone is as save as a Blackberry is a stretch to say the least.
    I bought my first lot of BBRY shares back in January, at that time, I thought it a bit of a gamble. But as time went on I grew more and more confident that BBRY is back. I think they are unique in a couple of ways: they produce the only phone that's specifically designed as a communication tool for professionals and nothing else.
    They offer further the Blackberry Enterprise Software as a safe communication channel.
    And, last but not least, the Q10 is the only advanced smartphone with a physical keyboard. And a lot of people who want to communicate with clients without typos value that.
    7 May 2013, 03:09 PM Reply Like
  • This quote from Gandhi sums the BB story up perfectly:


    “First they ignore you, then they laugh at you, then they fight you, then you win.”


    They've started the fight, soon they (the shorts) are about to lose.


    And it will not be a graceful fall!
    7 May 2013, 02:38 PM Reply Like
  • I find it quite odd that there could be such a stark difference in Analyst reporting, see as follows:


    Analyst Claims Canadian BlackBerry Q10 Sales Off To A Good Start
    Ubergizmo ‎- 1 day ago


    BlackBerry Q10 Canada and UK sales strong: analyst Peter Misek ...
    4 days ago –


    BlackBerry Q10 said to see strong sales in Canada, Britain ...‎
    2 days ago –


    Strong Sales Of The BlackBerry Q10 Reported In Toronto Stores ...
    5 days ago –
    7 May 2013, 03:05 PM Reply Like
  • I don't see the analysts as the villains here - the real villains are the popular press which not only broadcast the statements but fail to follow good journalistic practice of investigating the other side of the story.


    Everyone is reporting the questionable data presented by Cleveland Research and Canaccord Genuity as if they are facts, but no report that I have seen yet points out the track record for these firms with regards to past statements relating toe BBRY.


    For example, why doesn't the media frame the statements from these firms with their recent track record - i.e. something along the lines of:


    'From the same firm, Cleveland Research, who in January claimed no new apps would be developed for the BB10 (so far since then about 100,000 new apps have been developed) we now have a statement that Q10 sales are less than half expectations which contradicts other reports that the phone has been consistently selling out at most locations in its two test markets - Canada and the UK."


    But not only do they publish the trash put out by the firms, they don't bother to investigate the other side of the story. In other words, ask BBRY for a statement regarding the claims and include the statement along with the analyst report. That is unless BBRY has refused to comment on the alleged reduction in production plans.


    I don't see much difference in the DF statement that 'Returns are Excessively High' and the CR statement 'BBRY has cut production by 50%'. Both are, over the top statements designed to make power full headlines with major implications on share value. Yet with DF BBRY quickly came out with a public statement contradicting the information - but not this time.


    The lack of a response by BBRY on the 50% slashing of production reports (especially in light of the fact they did comment on the DF statements) adds credibility to the statements. Commenting on the DF statements set a dangerous precedent such that now when Analysts make significant claims BBRY has no choice but to respond.
    7 May 2013, 03:08 PM Reply Like
  • Actions speaks louder than words.


    What if Thor & company went after every dirt bag spewing false information? BB would end up falling into the Apple trap of forgetting BB10 and being known as the company that sues every analyst out there.


    No, after 2 more quarters of these headaches, there will be no contesting BB10's success and continued viability and profitability.


    The end result is longs win without having to do anything but be patient. The credibility of these analysts will basically be destroyed after BlackBerry rises. Ordinary people won't know who James Faucette is, but the street will remember him as the guy who guessed wrong and suffered a 200% loss on his clients investments.


    Remember, they hoped for 300K units but BB delivered a million in 1 month, half not even from their customer base. Every person who's seen my Q10 has been impressed and either is getting one or is once again proud to be holding their BB curve or bold or whatnot.
    7 May 2013, 04:17 PM Reply Like
  • The company should respond to blatant BS as they did with Wedge Partners.
    If Cleveland and Pacific Crest are spewing falsehoods they must be held accountable.
    People who have posted faked press leaks on yahoo message boards have been prosecuted.
    Firms are not immune even if they try to hide behind 'opinions' - hey we never said these were facts.
    Investigation in to their holds and trading should be done as well as investigation as to the company they keep.
    8 May 2013, 10:05 AM Reply Like
  • Another analysis:
    7 May 2013, 03:21 PM Reply Like
  • No one commented on that one :)
    8 May 2013, 01:24 AM Reply Like
  • Hey, the way I see puting an end to this infernal nuisance of that happy band of yahoo's drumming up negativity (short mongers) is for each and every on of you that owns any stock to take physical possession of their share certificates from their broker... end of story... full stop :)
    7 May 2013, 03:45 PM Reply Like
  • Well somebody's lying through their teeth. Hmm... let me's either the Directors of Blackberry, who could go to jail for making false material statements about the company that could affect share value...or the analysts, who can say whatever they want and at worst get a fine that amounts to a slap on the wrist from the SEC. This is a hard one.
    7 May 2013, 04:41 PM Reply Like
  • The other factor to consider is that Canada had its first dose of Spring this past week and I am sure many Canadians were out enjoying the weather and not shopping in malls.
    7 May 2013, 05:46 PM Reply Like
  • May 10 Puts @14.50 strike soared today
    7 May 2013, 07:26 PM Reply Like
  • Now let's see Marcap reply to this. LOL
    Long BBRY
    7 May 2013, 07:41 PM Reply Like
  • the reports of my death have been greatly exaggerated. I wonder how a fella lays his head down at night knowing he is dung. Has a crappy job and works for and with people of like character.....sad...truly sad
    7 May 2013, 11:00 PM Reply Like
  • Someone who does not like the company is putting a lot of money and effort to keep this stock down. Since I do like the company and their new line of products, unlike our French friend I am content with a 10% return on 25K in six months. I believe sooner or later the markets will find the fair price for BlackBerry. Patience will be rewarded.
    8 May 2013, 01:18 AM Reply Like
  • Ben Learner, have to say I agree with you. A 10% return would seem to be very good when our cash is sitting at .00001%. However from jppineau,s reply I would assume that he is not 70+ and sitting on a decent amount of $$$.The most difficult lesson I HAD to learn was to be patient. I should keep my comments in English, some bears might think we are terrorists:)) !!!!
    8 May 2013, 09:37 AM Reply Like
  • Six months ago to the day, James Faucette of Pacific Crest was giving his analysis of Blackberry to Forbes. See:
    After such a monumental blunder, I definitely would not want to rely on his financial advice.
    8 May 2013, 01:40 AM Reply Like
  • These analysts only want to fill their own pockets! And if anyone is believing their jabbering, they can do!
    8 May 2013, 02:53 AM Reply Like
  • Jefferies analyst Peter Misek weighed in on BlackBerry today saying, contrary to market talk, BB10 build plans have not been cut. In fact, checks show demand is "very robust" in the U.K. and Canada with Q10 demand better than Z10.
    In the U.K., Misek notes: "We spent yesterday afternoon contacting dozens of UK stores amongst the various Carphone Warehouse locations and carrier branded stores. Our analysis of over 50 stores indicates robust and broad demand with one exception. Orange stores, both the co-branded Carphone Warehouse locations and the Orange retail stores had inventory, where every other brand was either sold out or had limited stock."
    In Canada, demand is broad, strong, and better than expected. "We also conducted store checks in Canada. Initially, only stores in the Greater Toronto Area received stock, but now the rollout has continued across the country. After randomly calling 10 stores of different brands, we stopped as the conclusion was clear: broad, strong, and better than expected demand... The firm is confident in their 2M+/month BB10 build plan estimate from their Asia trip a few weeks ago. Misek too has heard of build plan cuts, but Blackberry 7 device side, which should actually help margins."
    What Pac Crest and Cleverland claimed yesterday was similar to Detwiler Fenton saying "returns exceeds sales" - LIES !!! They should all be investigated by SEC and end up in jail. I am also very disappointed by the fact that totally unfounded analyst reports can become instant headlines.
    8 May 2013, 09:32 AM Reply Like
  • So the damage done yesterday and probably the day before [when subscribers got the reports] should be undone quickly.
    Back to 15.63 at least.


    So far not the case ..... but TWT
    8 May 2013, 10:08 AM Reply Like
  • jp, lit ce que j'ai ecrit a Ben Learner, bonne chance!!!
    8 May 2013, 09:43 AM Reply Like
  • Would anybody like to take on a job to keep track of what all the analysts have said and will say about BlackBerry from 2012? The results will be very interesting. This may weed out the firms and analysts who mislead investors and reward those really deserve our trust. Hopefully, it will also lead to multiple law-suits and class-actions.
    5 Jun 2013, 12:04 AM Reply Like
  • sounds like a task for a law firm as they are the only ones that seem to benefit from class action law suits
    5 Jun 2013, 09:18 AM Reply Like
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