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While Digitimes reports of a pickup in BB10-related (BBRY -3.3%) component orders, Pac Crest's...

While Digitimes reports of a pickup in BB10-related (BBRY -3.3%) component orders, Pac Crest's James Faucette claims Asian supply chain checks indicate BB10 phone production "remains well in excess of current sell-through demand." Faucette, who aired similar comments a month ago, thinks combined sell-through for the Q10/Z10 are "well below" 500K/month, while production has remained in the 1.5M-2M/month range, though a June slowdown is expected. He thinks there's potential for a write-down similar to the $752M charge taken on BB7/PlayBook inventory last year.
Comments (73)
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    On which facts is Faucette's analysis based ... nothing!
    31 May 2013, 05:51 PM Reply Like
  • DIgitalMediaView
    , contributor
    Comments (668) | Send Message
     
    Amen. Pac Crest doesn't even bother to pretend they do research any more. As the cited Barrons article notes: "Faucette doesn't say what the source is of his contention about sales." http://bit.ly/143FEby
    31 May 2013, 06:12 PM Reply Like
  • cereal
    , contributor
    Comments (652) | Send Message
     
    Pac Crest is a large company and employ some of the best analysts.

     

    It's BB that's deceiving the public, they haven't disclosed any numbers regarding sales of their phone or how they plan to be profitable by giving away all free services.

     

    It's a company headed for bankruptcy just like Palm, I don't recommend buying BB products. Or wait for a fire sale. With the downsizing they're doing and the bankruptcy, very soon there may be no support, so buyer beware.
    2 Jun 2013, 03:36 AM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    Hey cereal, what is your intention, do you want to hurt BlackBerry! Why? Is there any reason, that you do something. Your comment is totally inappropriate! I think, you should write an apology! You want to discredit BlackBerry with that!
    2 Jun 2013, 03:54 AM Reply Like
  • oneinfiniteloop
    , contributor
    Comments (663) | Send Message
     
    @cereal, as you know I have followed your comments for quite sometime now.

     

    On your comment about Pac Crest as having some of the best analyst - can you please provide some definitive proof about this (ideally links that provide some history)? Also, can you provide a track record of James Faucette - I will be very interested in reading this through.

     

    While you question the company for a plan to profitability could you also help provide a plan/breakdown over next quarters of how this bankruptcy of Blackberry will unfold (and in particular what are the key assumptions you are making along the way)? The reason I ask is because hopefully you will realize that there are a number of ifs and buts that you will encounter along that route in your argument. To substantiate my argument, as we all know, Apple went through the throes of near bankruptcy (and was bailed out by Bill Gates (twice) and the prince of Saudi Arabia) - I guess you would have made the same call about Apple back then - correct?

     

    Remember, Blackberry has ~$3B in cash on their books. Before you scoff away on that let me tell you a piece of history - before the dot com crash there was a very nice article in Forbes comparing Cisco with Lucent and who would survive in case there was a .com bust; do you know how much cash Cisco had on hand then - about $2 Billion while Lucent had a debt on their books of about $4+ Billion and we all know who survived and flourished. Don't underestimate the power of having this amount of cash. As you know I am also a fan of $NOK - the pangs that $NOK is going through currently are due to the large debt on their books. Debt is a padlock that can sink a good company. Currently, with $NOK, it is the $2B infusion provided by $MSFT every year and their patent portfolio that is helping them keep their head above the water.

     

    Remember, Blackberry already has BB10, BES 10, BBM, BBM Money in the bag and they have the money and resources to pummel through. All said and done the enterprise market is still Blackberry's domain and that is not going to change anytime soon (BYOD or otherwise).
    2 Jun 2013, 12:30 PM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    cereal, a question! Which products do you recommend for buying? :-) Perhaps you could open my eyes with that ;-)
    3 Jun 2013, 02:28 PM Reply Like
  • MikeZapasnoi
    , contributor
    Comment (1) | Send Message
     
    >>>Pac Crest is a large company and employ some of the best analysts.

     

    "Best analysts"? If Faucette is named among "best analysts" I'm scared to see who would be the worst....

     

    http://imgur.com/512RwrA
    3 Jun 2013, 02:38 PM Reply Like
  • Matithyahu
    , contributor
    Comments (95) | Send Message
     
    Wow, it's windy in here.
    23 Jun 2013, 10:16 AM Reply Like
  • thenatural88
    , contributor
    Comments (57) | Send Message
     
    The editors at Seeking Alpha don't seem to be able to present a good news report about BlackBerry without packaging it with with old news that discredits the positive report. Can anyone explain this to me?
    31 May 2013, 05:55 PM Reply Like
  • Justforfun7
    , contributor
    Comments (136) | Send Message
     
    The guy from Barrons addressed this once in the comments section of an article he had written. They do it in the name of presenting the various theories that are out there at the time. Essentially, he saw it as a duty to report all sides and let the readers decide for themselves what they believed. It has to be reported quickly while it is news. If he doesn't do it, the next guy will.

     

    So essentially the standards of what gets reported and the work put in to verify facts suffers because they are in competition with each other to get the "story" out there. Is this simply rationalization for being lazy or to meet a deadline? I don't know. But media today certainly has a "good enough" standard when it comes to reporting.
    31 May 2013, 11:23 PM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    thenatural88,
    If you go back and check all articles on SA about BBRY you will find many that are favorable. The thing is, the negative ones affect us longs the most. No matter what is said, good or bad, we have no choice in the matter. The only real choice we have is to decide whether the article makes sense or not. We do this by getting all the info. we can get on the subject. Then we decide to buy, sell, or hold. That's it, there is no other way, unless you have '' privileged info '' and that is not too likely. Hang in there, you will not be disappointed!!!
    1 Jun 2013, 07:38 AM Reply Like
  • Nathan Teegee
    , contributor
    Comments (13) | Send Message
     
    Good timing, release this non-sense report when BB ramps up production at the suppliers. With the confidence I have in the management team, I do not think they did this for any other reason than sales doing better than expected. I suspect the stock was also hit because of the consumer data released today. I utilized the opportunity to buy more July $18 options and a few more shares. June 28th, baby! Can't wait. As Cramer says, Buy Buy Buy!
    31 May 2013, 05:58 PM Reply Like
  • Blackout08
    , contributor
    Comments (6) | Send Message
     
    I hate to say this as I am long on BB but Q10 hasn't been released in the USA, how can digitimes say

     

    "Initial sales of BlackBerry 10 smartphones, particularly the BlackBerry Q10 which comes with a QWERTY keyboard, in the US and Europe have been strong, lifting market sentiment for BlackBerry, said the sources."
    31 May 2013, 05:58 PM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    Perhaps to the retailers?!
    31 May 2013, 06:01 PM Reply Like
  • DIgitalMediaView
    , contributor
    Comments (668) | Send Message
     
    "T-Mobile has been selling the Q10 to business customers since May 14 under special plans arranged with T-Mobile business sales reps." http://bit.ly/15pJKcV
    31 May 2013, 06:18 PM Reply Like
  • dfedak
    , contributor
    Comments (114) | Send Message
     
    It has to business customers. Yes, the one variable everyone seemingly forgets when making statements re: Q10 sales. Oh how excited I am for June 28th.
    1 Jun 2013, 02:32 PM Reply Like
  • User 12675241
    , contributor
    Comment (1) | Send Message
     
    What Digitimes said (full sentence) was this:

     

    "Initial sales of BlackBerry 10 smartphones, particularly the BlackBerry Q10 which comes with a QWERTY keyboard, in the US and Europe have been strong, lifting market sentiment for BlackBerry, said the sources."

     

    So "in the US and Europe" refers to "initial sales of BlackBerry 10 smartphones" which includes the Z10 (which HAS been selling in the US) and the Q10, which has been on sale in Europe. There is no inconsistency.
    1 Jun 2013, 02:34 PM Reply Like
  • Matithyahu
    , contributor
    Comments (95) | Send Message
     
    Don't understand the "article." My understanding of production vs. current sales is that there are still many markets where the phones haven't been released. I believe that global demand for a BBRY phone is in the range of 30-50 million units in the 12 months since the Z10 was first released.

     

    I base this on the 80 million people who are current customers, virtually all of which are BB6-7 phone owners. I believe that about 5-10 million of these are high end customers, and the rest are middle/low end customers.

     

    I also think that the company is undergoing a major business focus restructuring to "mobile computing." I don't know what that is, but I think Heins does, and I think Heins is very capable.
    31 May 2013, 06:08 PM Reply Like
  • Loon-a-tick
    , contributor
    Comments (1428) | Send Message
     
    Maybe we need low prices to get the short rally going. Boys...have at 'er. Cricky...I don't have millions in this. Second quarter can't come soon enough. then we will know.
    I hear good things from IT personnel. My X is in IT and her boss got one from the company. They all still have Bolds.
    31 May 2013, 06:14 PM Reply Like
  • gchaput
    , contributor
    Comments (114) | Send Message
     
    Pac Crest's James Faucette seems to have little to no credibility and therefore their reports should not be reported on Seeking Alpha or taken with a grain of salt.
    31 May 2013, 06:24 PM Reply Like
  • nezlob
    , contributor
    Comments (48) | Send Message
     
    yeah sycophants comments and opinions only from now on...you the best BBRY
    1 Jun 2013, 04:26 AM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    Just learn to brush it off. Explains the sudden drop in share price the last hour or so. It still surprises me people sell on this tripe news, or perhaps traders should retune their triggers.

     

    Anyhow, if shares hit $14 on the TSX again, I'm in for more, continue lowerering my working avg share price and sell some more June 22 calls.

     

    Thanks James, I'll be sure to send you a fruitcake you nut.
    31 May 2013, 06:35 PM Reply Like
  • stockaudit
    , contributor
    Comments (60) | Send Message
     
    Isn't this the same analysts that was off by 333% (to the negative) on the sales of the Z10 in the last quarter? There is something very fishy about the way the shorts manipulate this stock together with bogus reports like this, and still no word from the authorities on the pending investigation. Whether there is good news or faked bad news they push it up and down. What I really need to find out is who can afford to be loosing billions of dollars to keep it down and I have a hunch. Time for me to launch my own investigation!
    31 May 2013, 06:41 PM Reply Like
  • Ziffster
    , contributor
    Comments (337) | Send Message
     
    Ah but remember he still claims his numbers are correct for the last quarter.

     

    His explanation is that his numbers were for 'sell through' while the numbers reported by BBRY he claims were substantially channel fill (i.e. distribution inventory).

     

    Realize that his rise to credibility is a large part due to his forecast of RIM's demise in 2011. For some reason (perhaps ego - perhaps short interest) he now seems unwilling to consider that BBRY like a Phoenix rose out of RIM's ashes and is not the same company that he predicted (perhaps accurately) would crash and burn.
    31 May 2013, 07:36 PM Reply Like
  • Panoplos
    , contributor
    Comments (861) | Send Message
     
    Name one analyst that did *not* predict the crash in BBRY, while their hedge fund buddies were all lapping up AAPL shares. Hardly a claim to fame.
    1 Jun 2013, 04:01 AM Reply Like
  • rascallion
    , contributor
    Comments (28) | Send Message
     
    Friday, weekly options expire.....the hedgies have it close a penny or 2 below the $14 mark so the calls don't have to be paid off. Happens almost every week, on Monday the price will magically go back up to $14.50....this is soooo manipulated its ridiculous
    31 May 2013, 06:43 PM Reply Like
  • GGjr
    , contributor
    Comments (231) | Send Message
     
    I hope so, so I can sell the $14.50's again for a decent premium.

     

    :)
    1 Jun 2013, 11:46 AM Reply Like
  • slcUTAH
    , contributor
    Comments (505) | Send Message
     
    In another discussion I had said that BBRY's slide today was attributed to a bear raid. Maybe, maybe not. The overall stock market today was down badly. Many stocks that had good gains today lost them and then some as nervous investors sold off. Bad day in the market.

     

    -Cheers!
    31 May 2013, 06:46 PM Reply Like
  • Crispin_in_Waterloo
    , contributor
    Comments (1000) | Send Message
     
    The mid afternoon sell off was a classic - look at the minute by minute volume: 250,000, then 500,000 then 1m shares sold to pretend it is a sell-off, join in the crash everyone, please?

     

    Same old pattern every week, sometimes several days in a row. I took the opportunity to up my stake. Thanks guys!
    31 May 2013, 09:15 PM Reply Like
  • Alan1967
    , contributor
    Comments (211) | Send Message
     
    So is there some where you can find who is selling stock in near real time, or even who the largest shorts are in a stock? I haar Maverick Capital mentioned often, but would like a link to showing they are one of the major hedge funds shorting a stock.

     

    I see the pattern of concentrated selling you mentioned and it looked like the goal was to get the stock just below 14 dollars before the close. Is there some significance to that?

     

    I have access to level 2 quotes. It might be interesting to watch that sometime for this stock.
    31 May 2013, 11:16 PM Reply Like
  • jno
    , contributor
    Comments (30) | Send Message
     
    It seems to me that a negative analyst like Faucette has to release BS like this whenever anything remotely positive is published. It's very coordinated and transparent. My question is, why do the markets seem to react more to the negative unfounded reports? I guess BB still has something to prove but I don't really think that is it.
    31 May 2013, 07:02 PM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    No, it was only lemmings time again, sad but true. If someone is jumping over the cliffs all will do it, too. Nervousness isn't good for that business!
    31 May 2013, 07:18 PM Reply Like
  • usajordi
    , contributor
    Comments (207) | Send Message
     
    Jame Faucette should be banned from Seeking Alpha, because he continues sending bad news about BBRY even when only great things happen.
    I hope is not in the payroll of Alpha using him just to create controversy.
    He does not know what he is talking about, and his article about the excess production of the BB10's is just not true!
    I would like to see him taking a lie detector!!!!
    31 May 2013, 07:03 PM Reply Like
  • Ziffster
    , contributor
    Comments (337) | Send Message
     
    Each one of these events recently has further ramped up the short interest. With the ratio currently sitting at over 38% once you take both TSX & Nasdaq into account I suspect this weeks action will drive the numbers over 40% which will push BBRY on to the top 15 most shorted stocks list.

     

    http://bit.ly/hIJMpb
    31 May 2013, 07:25 PM Reply Like
  • oneinfiniteloop
    , contributor
    Comments (663) | Send Message
     
    It is amazing how commoners like us have to just standby and watch this while folks like James Faucette from Pac Crest and others can pretty much run amuck saying what they like with vague terms like "we believe". Lately it is happening so frequently with the option closing date that this coincidence reeks some form of blatant fraud! It is amazing that SEC lets this happen right under its nose.
    31 May 2013, 07:46 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    Only because its not an American company. If these guys tried to manipulate an big American company's stock, the Feds would have the FBI make a phone call to the mob to make these guys have a falling out of window accident.
    2 Jun 2013, 10:12 PM Reply Like
  • oneinfiniteloop
    , contributor
    Comments (663) | Send Message
     
    alext1379, it does happen with companies over here as well - just look at $CSCO's stock over the last 2 to 3 years and you will hopefully see a similar pattern - I can tell you first hand that it is true because I have lived through it :) Today, the hedge fund industry is so powerful that some governments openly exhibit respect and keep a worried eye open on their activities - a while back Manmohan Singh, India's current Prime Minister (who was once India's Finance Minister and who is a financial wiz.) had made a quote that he doesn't worry much about the local politics in his country but he is more worried about the hedge funds and the rating agencies (like the Moody's) who if they decide to could reck financial havoc in India that is much more damaging than a war!

     

    Having said all that, I agree with you that the hedge funds will think twice before playing some mischief out here - they know to play within certain limits.
    3 Jun 2013, 01:09 AM Reply Like
  • LYogi
    , contributor
    Comments (1991) | Send Message
     
    Just buy shares and stay long.

     

    Rise above the games like a Phoenix
    31 May 2013, 07:49 PM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    LYogy,
    I have been saying the same for quite some time now.Sadly some of the '' investors '' don't seem to realize that this is the way story stocks will be exploited. It is up to each one of us to be able to understand what is really going on and act accordingly. The share price is going down and you don't understand why. You have heard many positive comments from people who should know what they are talking about and your common sense says this is a great comeback story. Then comes along a moderately down day for the mkts. in general. The shorts use this opportunity to sell sell sell and scare the beejesus out of a whole lot of longs who accommodate them by giving up on a story they really believed in just a little while back. Well let the chickens sell out, I for one will accommodate them by buying their shares at 14.00 . I will do the same at 13.50 and 13.00 if it ever goes back there. I will patiently wait for BBRY to bring me the the huge gains I know are there, all I have to do is wait PATIENTLY for that time to come, and believe me, that time WILL come!!!
    1 Jun 2013, 08:28 PM Reply Like
  • LYogi
    , contributor
    Comments (1991) | Send Message
     
    Amen brother.

     

    I must confess you are one logical sounding man.
    1 Jun 2013, 08:30 PM Reply Like
  • Cliff Hilton
    , contributor
    Comments (1429) | Send Message
     
    I was waiting on this day. I said three weeks ago that the stock needed to drop below $14 before it can go up with any confidence. Whether its James, or the weight of the market or folks cleaning their desk out for the weekend, the stock is more of a buy today than yesterday. I'm not complaining, I have added another 5000 to my holdings. Got a bit nervous today, that's when I buy. I'm holding 22,700 now.
    31 May 2013, 08:03 PM Reply Like
  • LYogi
    , contributor
    Comments (1991) | Send Message
     
    Cliff you rock. Remember us little guys when you are a bigshot.
    31 May 2013, 10:11 PM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Cliff,
    You've got me beat, and I consider myself a fairly big holder among the peasants we probably all are here on SA. Give it the time it needs and this baby will bring us up to the high rollers we believe we were destined to be ;)) !!!
    1 Jun 2013, 08:36 PM Reply Like
  • Michael Blair
    , contributor
    Comments (4519) | Send Message
     
    I hope Faucette and Pacific Crest are disclosing their short book, since speculation is not analysis and reporting speculation with the most negative spin possible cannot be professional research intended to inform but rather a scandalous effort to discredit BlackBerry. In any event, the whole Detwiler - Pacific Crest "research" should be explored by the SEC to see what is going on. I have no problem with negative reports - I am frequently a short seller - but reports that have no factual basis or contradict what facts do exist cannot be motivated by bona fides.
    31 May 2013, 10:24 PM Reply Like
  • Piston
    , contributor
    Comments (205) | Send Message
     
    It really is quite disturbing. Clearly shorts are getting tipped off and flooding the market with sell orders when the report is released. The top shareholders haven't been sellers so something else is at play. It would seem this should be easily rooted out. There are 180mm+ shorts and trading is just 15-17mm on a normal day so there is no way out without pushing this down.
    1 Jun 2013, 06:41 AM Reply Like
  • Ben Learner
    , contributor
    Comments (211) | Send Message
     
    It is difficult for those of us who see BBRY as a potential growth stock not to be worried when the value of our investment goes down, even if we expected it to be volatile. Eventually things will settle down, probably mid-way between the wildest expectations of those who predict the imminent demise of BBRY and those who purchase this stock with the AAPL story in mind and see themselves competent enough to sell just at the right time.

     

    I accept that the markets are driven by short-term as well as long-term forces and I admire that some of the people posting in this blog have the resources to launch an investigation into the source of the manipulation of BBRY stock, but I do not expect volatility to go away any time soon.

     

    Manwhile I take these opportunities to buy a little more at a time as I remain focused on my own position. In the end I hope to be able to thank those who allowed me to buy this stock with a little less effort.
    1 Jun 2013, 02:44 AM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Ben,
    As usual, excellent reasoning!!!
    1 Jun 2013, 08:41 PM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    I stay long BBRY! Selling now is wasting money! Wait for the next two earnings reports, then we will have the truth, in which direction the journey goes!
    1 Jun 2013, 04:09 AM Reply Like
  • vizZir
    , contributor
    Comments (37) | Send Message
     
    I'm really positive about Blackberry, Q10 sales will drive the stock and the breakeven point seems to lower than expected.
    1 Jun 2013, 04:34 AM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    "... “The fact their operating cash flow was positive and is forecast to be positive means there is NO inventory in the channel” was Misek’s comment at the time. ..."
    http://bit.ly/143FEby
    1 Jun 2013, 05:54 AM Reply Like
  • PersephonShropshire
    , contributor
    Comments (137) | Send Message
     
    Just do an image search of James Faucette and you will understand part of his problems
    1 Jun 2013, 09:05 AM Reply Like
  • Greg Penny
    , contributor
    Comments (243) | Send Message
     
    You have to admit these manipulatore are good. in 28days $BBRY stock will be become alot harder to infuence down. Patience is the game now for us longs.
    1 Jun 2013, 09:29 AM Reply Like
  • john001
    , contributor
    Comments (566) | Send Message
     
    I have been following BB and the alpha articles for months. Over this time I find the posts are now predictable to such an extent that they could come directly from any one of the articles. The longs accuse the shorts of manipulating the share price but I am now starting to wonder just how much the longs are involved in the manipulation game. Could it be that that a good number of the declared longs are actually day traders just buying the dips and selling thru the mini-rallies?
    1 Jun 2013, 09:38 AM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    Nothing is impossible in that game, but think a little bit behind. Would that what you have mentioned drive the stock in that way, how it moves now? I think, no. Because someone who wants that everyone is long, the stock wouldn't do such moves, it would go slightly up or down. That's my understanding of the scenario. Teach me, if I'm wrong or right :-)
    And i hope, i speak for all of us here, i want that BlackBerry is rising again, because i want have also in the future good phones which are secure!
    1 Jun 2013, 11:03 AM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    john001,
    Anything is possible!!!
    1 Jun 2013, 08:46 PM Reply Like
  • samzas
    , contributor
    Comments (8) | Send Message
     
    Hello Folks...

     

    do not expect huge +EPS this Q

     

    as the full rollout of the Q10 will not have taken effect in this Quarter..

     

    I am expecting EPS in the range of $0.3-0.4 for Q1 report on June 28th.

     

    Q2 will be the real death blow to the short side freaks..as EPS will easily cross $1/share

     

    Detail analysis to follow... criticism welcome!
    1 Jun 2013, 09:48 AM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    "James Faucette, senior research analyst and partner, leads Pacific Crest’s wireless communications research practice. James’ team is dedicated to understanding how the growing demand for voice, video and data will affect the technology of the next generation of wireless networks."
    http://bit.ly/12bncfp

     

    ...with all respect, i think he should look for another job :-)
    1 Jun 2013, 11:17 AM Reply Like
  • jtoler39
    , contributor
    Comments (3) | Send Message
     
    When the stock was trading at 100 most of the analysts were touting how great it was. When it was trading at 6 no one wanted it. Analysts like James Faucette temporarily reduce the price for you to add more shares AND increase the short position to give more fuel to the squeeze. Tesla shares are an example of what people like Faucette can do for a stock in the LONG run.

     

    In the end he is doing everyone a favor not a disservice. Be patient, stay strong.
    1 Jun 2013, 01:42 PM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    No, he's hurting BlackBerry with that statements, and that's a bad manner of him!
    1 Jun 2013, 01:46 PM Reply Like
  • LYogi
    , contributor
    Comments (1991) | Send Message
     
    Agreed jtoler, for all we know it may be the institutional LONGS that are putting naysayers like Faucette up to it so as to increase the short position and eventually squeeze them for all their worth.
    1 Jun 2013, 02:07 PM Reply Like
  • ATInsider
    , contributor
    Comments (422) | Send Message
     
    Q10 selling strong and outselling both iPhone and G4's in Europe, such as in France for example. And the Z10 continues with strong sales and that too outselling the G3 for example. It's really getting old and tiresome with these short interested analysts picking numbers from the sky and posting them as facts.
    This is where I hope BlackBerry's next Q numbers blows apart this nonsense.
    1 Jun 2013, 02:11 PM Reply Like
  • Matthew Brown
    , contributor
    Comments (500) | Send Message
     
    Just laughable it is so pathetic. I feel a little sorry for him. Almost.
    1 Jun 2013, 02:11 PM Reply Like
  • rudedogg585
    , contributor
    Comments (69) | Send Message
     
    Let's take this to the end-zone!!
    1 Jun 2013, 02:14 PM Reply Like
  • rudedogg585
    , contributor
    Comments (69) | Send Message
     
    Were still seeing the end zone bears. And soon.....TOUCHDOWN!!
    1 Jun 2013, 02:16 PM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    ???
    1 Jun 2013, 02:20 PM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    Frank,
    Its a sports thing !!!
    2 Jun 2013, 07:09 AM Reply Like
  • wxyzl
    , contributor
    Comments (47) | Send Message
     
    More Friday closing bear talk. Expect rotten tricks until 28th followed by high pitched squeals of pain.
    I wish all investors well, but James the False seems to be more of a rabble-rouser than a serious sort. 
    1 Jun 2013, 03:20 PM Reply Like
  • logicalman
    , contributor
    Comments (763) | Send Message
     
    wxyzl.
    James the False is just doing his job. We will see just how false he is June 28. In the mean time I thank him for giving me another golden opportunity to up my share count. If I am beginning to sound like a broken record its because I really believe this comeback kid is for real!!!
    2 Jun 2013, 07:27 AM Reply Like
  • HSV
    , contributor
    Comments (7) | Send Message
     
    Although Im long on BBRY, but I think most of us are simply saying positive things to self encourage our sentiments towards the stock, and simply shutting our ears to all negative news. For those of you predicting a squeeze which I OBVIOUSELY hope so as well, don't you think the institutions know as well, and are the shorty funds that dumb to let it happen in our favor? I mean are we, the general public that much more wiser than those shorting institutional trader/investors? Also don't forget a crucial factor which is our current economic condition which everyone seems to omit, the market is being pumped up more or less artificially, and central bank's decision on monetary policy is still very blurry, so once all clears up, then the stock will be more reflective of its true value, but that being said, who says it won't go back to its earlier price range, say $6-10? I really hope it to take off, but going back down isn't out of the equation yet man.
    2 Jun 2013, 08:05 AM Reply Like
  • Frank Siedler
    , contributor
    Comments (867) | Send Message
     
    I'm reading for a while articles about BlackBerry, that are discrediting BlackBerry. They are talking about issues of the products, that aren't understandable for me. I use a Z10 since the beginning, and i have none of that issues, that are mentioned there. I think, that artikles want to discredite BlackBerry, because that people are BlackBerry haters or they have the intention to hurt BlackBerry. Why? Are they afraid because of BlackBerry? Are they afraid, that BlackBerry can rise again? I think so! I realy hope that BlackBerry can hold against that wrong players, because BlackBerry is worth it!
    2 Jun 2013, 09:05 AM Reply Like
  • The_C_Man
    , contributor
    Comments (358) | Send Message
     
    Considering the Q10 is still rolling out around the world and has not yet reached America how on earth can anybody even hazard a guess at production levels?
    2 Jun 2013, 09:24 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (5366) | Send Message
     
    "Faucette, who aired similar comments a month ago, thinks combined sell-through for the Q10/Z10 are "well below" 500K/month...."

     

    1) Why is he repeating the same thing as he did a month ago?
    2) The Z10 had sales of 700K in December. So are you saying sales of Z10 will suddenly fall 40%?
    3 Jun 2013, 08:47 AM Reply Like
  • Danomacker
    , contributor
    Comments (13) | Send Message
     
    I have 15 years in the IT industry. BBRY bring a very good hardware/software package to the market and has a solid plan to bring mobile computing to the next paradigm.

     

    BBRY's QNX has the potential to become the next standard in mobile computing, much as MSFT dominated the desktop.

     

    As for stock value: after watching the market for the past 6 months, I would suggest that the stock price has more to do with the potential profits the market can generate on the volatility, rather than the true value of the stock.

     

    Caveat emptor.
    22 Jun 2013, 03:45 PM Reply Like
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