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abragman

abragman
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  • Medallion Financial Delivers Again. Will The Market Ever Learn? [View article]
    The typical "gloat over a big day" article that fails to acknowledge the performance of the stock over the period that led up to the "big day"......

    TOTAL return:
    YTD: -9.49%
    1-yr: -17.4%

    Keep the champagne corked bud.
    Aug 5, 2015. 08:50 PM | 1 Like Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    You are right--attempting to find undervalued companies doesn't work sometimes. There may be no snappy platitude for buying overvalued growth stocks, but that's no less treacherous......
    Jul 27, 2015. 03:44 PM | Likes Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    That's one dozen more than any of the phones. Certainly worth its own line item on the P/L.

    I'm just kidding Canada calm down.
    Jul 24, 2015. 11:00 PM | 2 Likes Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    You know what they say--if you can't sell phones or tablets, there's always fatal morphine injection security to fall back on.
    Jul 24, 2015. 10:59 PM | 3 Likes Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    Yeah. Bottom-fishing is tough like that. Personally I like to build a position slowly over time to take the timing out of it. I acknowledge I'm just as bad of a market timer as anyone else though.
    Jul 24, 2015. 10:54 PM | Likes Like |Link to Comment
  • Starbucks hits 52-week high following strong quarter, analyst praise [View news story]
    BMO's Strelzik is one of the best in the business
    Jul 24, 2015. 06:39 PM | 1 Like Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    Wouldn't take my comments too literally. Obviously I think there's value in the call/long position for real reasons (plus the relative upside/downside comparison I presented above) or I wouldn't be considering it.

    Let's be honest--if I was going to park my money somewhere and just "pray" this would not be the company I'd count on to pull a rabbit out of a hat. I just think the price is right, or at least approaching "right" territory.
    Jul 24, 2015. 04:16 PM | Likes Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    You're right, Blackberry hardware isn't almost dead. In fact it's far from almost dead, because it's entirely, 100%, categorically deceased.

    Not just regular dead. It's dead like oh man what's that smell....oh it's the rotting carcass of Blackberry's hardware/handset division--THAT kind of dead. Mangled deer on the side of the highway type dead. Are you getting the point?

    Luckily there's software and security to (potentially) hide the awful smell the hardware carcass is emitting though. Although it sounds like you're a cheerleader who loves BBRY because you love your cute little phone, so this entire conversation is probably a big waste.
    Jul 24, 2015. 04:12 PM | 3 Likes Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    @NBohrQM--are you kidding?

    The author began his "sour note" of an article (your words) with a disclosure. That disclosure reads:

    Disclosure: I am/we are long BBRY.

    (1) When someone is long a stock and discussing negatives/headwinds, etc. it's really hard to make accusations and question.....well, whatever it is you're questioning or challenging. You call it whatever you want, I call that fair, unbiased analysis.
    (2) The ONLY sour note is his? Really? REALLY? Blackberry is a sour note in itself. Bearish BBRY articles are published on an almost daily basis just on this one site. The stock is imploding, and you have the gall to say the guy who is LONG the stock is the one dissenting voice in the Seeking Alpha BBRY world. Right, keep smoking.
    Jul 23, 2015. 04:24 PM | 9 Likes Like |Link to Comment
  • BlackBerry: Sentiment Has Turned Sour [View article]
    I don't enjoy seeing a company or investors lose money, but BBRY's slow but sure decline has had a nice little side effect--the comments section of a BBRY Seeking Alpha article actually facilitates reasonable discussion now! We don't have to read things like "BBRY GOING TO $30 THIS YEAR. THE ANALYSTS CANT KEEP IT LOW FOREVER. LONG AND STRONG BBRY!"

    Perhaps I'm not 100% correct on this, but it seems to me anyone still worrying about BBRY's hardware market share, or really anything hardware/handset-related is either a cheerleader who just loves their little phone (slash hates Apple) or they just can't read English.

    For better or worse--almost certainly better given the state of hardware sales--this is a software and security company now. And from what IT/tech people tell me, BBRY REALLY does have some excellent software/security capabilities. While @RogerKo brings up a lot of good points about how Chen is obfuscating the true state of the company, I don't think he's wavered on the fact that BBRY's future is in software and security. Hardware is lost and gone forever.

    I don't know that I'm in love with BBRY stock, but it seems to me the upside GREATLY outweighs the downside, as most of the bad news is priced in. Strongly considering buying a call if the price is right, or going long the stock and praying that they find their niche somewhere. Any minor change in sentiment would seemingly send the price much higher; if a real breakthrough triggers this sentiment change it could send the stock higher than it otherwise would for an AAPL/GOOG/etc. (where the outlook isn't so negative).

    However, I would not consider a large investment in this company--nor would I buy it for any clients that aren't super aggressive investors--partly because I (like @RogerKo) feel like I'm being BSed by management whenever they/Chen speak; however, taking the emotion out of it, BBRY seems inexpensive.
    Jul 23, 2015. 03:12 PM | 9 Likes Like |Link to Comment
  • BlackBerry: Why It's No Ordinary Turnaround Story [View article]
    By far the finest justification for buying BBRY stock Seeking Alpha has ever seen. Solid article.
    Jul 1, 2015. 01:08 PM | 2 Likes Like |Link to Comment
  • BlackBerry: No Light At The End Of The Tunnel [View article]
    If you say it 1,000 more times it will come true.

    Like a hail mary. Or Field of Dreams.
    Jun 30, 2015. 12:53 PM | 2 Likes Like |Link to Comment
  • The Canary In The Coal Mine Is Dead: 2015 Will Mark The Start Of A Recession And Bear Market [View article]
    Literally halting commerce is equivalent to literally lowering the GDP.

    This is non-negotiable.

    (I know you were agreeing with me, I'm just trying to point out that disagreement with this isn't an option even if you do believe in some stupid conspiracy theory.)
    Jun 30, 2015. 12:42 PM | Likes Like |Link to Comment
  • BlackBerry: Can Chen Make Hardware Profitable? [View article]
    He's talking about the CEO of an international company, and your response is calling on him to defend his resume against that CEO's.

    I feel like I'm back in 4th grade.........if a kid told me David Justice was a loser I'd have said "Well how many home runs have YOU hit in the majors this year?"

    Long Atlanta Braves!
    Jun 29, 2015. 09:26 PM | 3 Likes Like |Link to Comment
  • BlackBerry: Can Chen Make Hardware Profitable? [View article]
    Honestly, all sarcasm aside, I respect a long (in any stock) who can reassess their position and UN-anchor their opinions when new facts are introduced to the situation. This is called being rational and recognizing reality, and admitting defeat. If you've never admitted defeat as an investor, then you're just pigheaded because we've all been defeated to some extent--either by buying a loser, or failing to buy a winner, or some other form of defeat.

    Sometimes you have a solid, reasonable basis for taking a long position and things just don't work out. If someone bought BBRY, realized things aren't going to work out the way they hoped and sold it, I'd have infinitely more respect for that person than for Joe Blow who bought AAPL 5 years ago because he thought his new iPhone was like totally sweet bro.
    Jun 29, 2015. 09:22 PM | 2 Likes Like |Link to Comment
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