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Blackberry Doing Just Fine.

|Includes: BlackBerry Ltd. (BB)

Was watching BNN interview with James B. C. Doak yesterday, he made interesting point, that Pac Crest switching interest from BBRY cash reserves, which should be depleted by now, according PC earlier report, to sales numbers of device which is not available yet. Cash is still there by the way.

Plus he recommended them to do proof reading before they publish their reports to make it more credible.

With 130 mill shares shorted and BBRY doing just fine, we are may be looking on another "London Whale" if stock will go to 22-23 dollars.

Stock was up on Wednesday when Nasdaq was down 40 points, looks like big guns stepping in.

Disclosure: I am long BBRY.