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BBRY - BlackBerry (old RIMM) - Page 4

post #61 of 4006
Quote:
Originally Posted by bigbull
The stock has indeed been very volatile.

It brokkeout out of its trading range on Friday on average volume. Earnings are coming out this week. There is no doubt that they will deliver good earnings but the question now becomes are they going to be good enough to please the streets lofty expectations.

The reminds me of HANS when expectations were just out of context.

Blackberry is killing the competition. They alone dominate 50% of the cell phoine market share. There basically have a monopoly overit and I dont think that Apples Iphone will take much market share away from them.

The Iphone will be a good phone but not a business phine which is what the Blackberry is really designed for.

the blackberry Pearl sells expectations are somewhat high but I think that it will come over expectations.

I wouldnt play this stock into earnings on either side. I would rather wait and see where people send the stock. Becuase many analysts expect the average investor to short the stock on earnings date because they believe the price is somewhat over inflated then they might very well pop it up.

Right now it is risky toplay but the options pit is bullish for now.
One more thing. The stock seems to be edging higher right beofre earnings. If the trend continues people might be sucked into buying and then the price might be dragged lower on earnings date. Ive seen this happen numeorus times. Best thing is to wait and see where it settles and what they guide for the rest o 07.
post #62 of 4006
I think it pullsback before a true breakout. Also I don't see volume being enough to push it through.

post #63 of 4006
just got done with the Apr140c

what did I say. it's funny sometimes. where you'll want to be long a stock when you're fundamentally bearish.

have made more on the call side w. RIMM than the other...

Rossi, short the earnings? You know I quit playing those since I lost my ass on Chico's.

Why not take the straddle? You're probably right tho...I'd bet upset numbers...short company history.

How will the street react? Sometimes they'll like it anyways. Now what would be really nice is if Rimm came out and gave a earnings revision forecast type thing like what you saw with MOT, YHOO....

It's really too late for that though.

I'm still not shorting the strength. Will let you all know when I do. Will have to be Oct puts and LEAPs....
post #64 of 4006
Quote:
Originally Posted by dr_sean
just got done with the Apr140c

what did I say. it's funny sometimes. where you'll want to be long a stock when you're fundamentally bearish.

have made more on the call side w. RIMM than the other...

Rossi, short the earnings? You know I quit playing those since I lost my ass on Chico's.

Why not take the straddle? You're probably right tho...I'd bet upset numbers...short company history.

How will the street react? Sometimes they'll like it anyways. Now what would be really nice is if Rimm came out and gave a earnings revision forecast type thing like what you saw with MOT, YHOO....

It's really too late for that though.

I'm still not shorting the strength. Will let you all know when I do. Will have to be Oct puts and LEAPs....

sean

I will definately do a straddle/strangle if i play the earnings.....it's at a 52 week high right now in pre mkt.....on fire right now
post #65 of 4006
today was too tempting I had to start opening shorts...

going in small with limited risk...
post #66 of 4006
Quote:
Originally Posted by dr_sean
today was too tempting I had to start opening shorts...

going in small with limited risk...
Rimm gave back all of its gains and more
post #67 of 4006
My guess is strong quarterly numbers but maybe a little guidance downwards?
post #68 of 4006
the ballon popped.......down $12 A/H
post #69 of 4006
Yup.. This could easily head down to 120's again in the coming weeks.. There is no upside surprise.. and with the formal SEC inquiry turning into investigation.. its only a bubble burst
post #70 of 4006
O rly?

post #71 of 4006
I was going to buy puts today but hesitated. Should have bought them.

Bid: 136.22 Ask: 135.87 Vol: 11,087,320
post #72 of 4006
Quote:
Originally Posted by bigbull
One more thing. The stock seems to be edging higher right beofre earnings. If the trend continues people might be sucked into buying and then the price might be dragged lower on earnings date. Ive seen this happen numeorus times. Best thing is to wait and see where it settles and what they guide for the rest o 07.
Yep a bunch of people got sucked in beofre earnings.

Puts were the way to go but now it best to see where it settles.
post #73 of 4006
tanked.
post #74 of 4006
What a good trade this would have been. Haha.
post #75 of 4006
This stock should be a good buy between $120-$125
post #76 of 4006
dead cat bounce setting in here...(finally)
post #77 of 4006
Quote:
Originally Posted by Hobbes80
If I had the margin, I'd short the piss out of this in the near future.
Man, I wish I had been able to do this.
post #78 of 4006
strong resistance at 137..

post #79 of 4006

RIMM in Trouble Today...

BlackBerry Disruption May Affect Millions of Users (Update2)

By Gwen Ackerman and Crayton Harrison

April 18 (Bloomberg) -- Research In Motion Ltd.'s BlackBerry service experienced disruptions in North America and other parts of the world, affecting an unspecified number of the company's 8 million subscribers. The company hasn't provided a timeframe for when the service might be restored.

AT&T Inc. and Verizon Wireless, the two largest U.S. wireless service providers, both said the problems began last night. San Antonio-based AT&T is working with Research in Motion to resolve the issue, spokesman Mark Siegel said. He didn't provide details on the number of customers affected.

``Please be advised that we are currently experiencing a service interruption that is causing delays in sending and receiving messages,'' said a recording on a RIM customer service number in Vancouver. The company ``will provide updates as soon as they become available.'' Officials at the Waterloo, Ontario- based company couldn't be reached for comment.

The disruption may be limited to North America, with some problems in other parts of the world for customers who receive their e-mails through North American servers. Mobile-phone companies in Asia and Europe said they haven't had problems.

Shares of Research in Motion fell $3.22, or 2.1 percent, to $128.50 at 8:52 a.m. New York time in early trading on the Nasdaq Stock Market. Before today, shares of Research In Motion had gained 2.7 percent this year.

No Service

Verizon Wireless, owned by Verizon Communications Inc. and Vodafone Group Plc, began receiving calls from customers at roughly 6 p.m. New York time last night, spokesman Jim Gerace said in an interview. He declined to say how many customers called or how many own Blackberry devices.

Sara Krueger, a spokeswoman for Sprint Nextel Corp., the third-largest U.S. wireless service provider, declined to comment and referred questions to Research In Motion.

Research In Motion had 45 percent of the U.S. market for advanced phones with features such as e-mail in the fourth quarter, according to researcher IDC. Sunnyvale, California-based Palm Inc. was second with 18 percent, while Schaumburg, Illinois- based Motorola Inc. had 12 percent.

`Paralyzing'

General Motors Corp. spokesman Chris Preuss, who is based in Detroit, was one of several U.S.-based participants on a press trip in China who had intermittent or blacked out BlackBerry coverage today.

The BlackBerry service is ``the only way I have to communicate,'' said Preuss, who was in Liuzhou, China, for a press trip of a General Motors joint venture factory. ``When I lose it, it's paralyzing.''

NTT DoCoMo Inc. hasn't received any reports about problems with the BlackBerry service, spokesman Masanori Goto said by phone. Taiwan Mobile, which carries the BlackBerry service in Taiwan, had no reports of problems, said Shirley Zhu, a spokeswoman for the Taipei-based operator. Vodafone spokesman Mark Pursey said the company's BlackBerry customers weren't having any technical problems. Vodafone is the biggest European wireless operator.

To contact the reporters on this story: Gwen Ackerman in Jerusalem at gackerman@bloomberg.net ; Crayton Harrison in Dallas at tharrison5@bloomberg.net .
Last Updated: April 18, 2007 08:54 EDT
post #80 of 4006
Yeah, this goes back to what I was saying a few weeks ago... Those of us in the office who switched to ActiveSync were notified last night that one of our servers crashed... those of us on the blackberrys didn't get the message.

This is just a reminder to those who had started looking for an alternative back in the days of the lawsuit that they are over dependent on blackberry....

This is a stuffed pig up here, I expect to see them under $100 in 6 months to a year.
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