Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:BB

BlackBerry (BB.TO)

13.01
+0.15 (1.17%)
as of Jun 15, 2026, 7:53:00 pm Market Open.
504 watching
0
DON'T BUY
He sold RIM just below $44 as this was his stop loss. They are an enterprise company and are trying to be a retail company. Consumers want a lot of apps and so on and they weren’t able to accomplish this. This is the whole issue with RIM. They are not used to coming up with consumer products.
COMMENT
Trading at about 4.5X forward price-earnings so he is now starting to look at it. Some of the rumours about it being taken over is possible at this price. Outside of North America, the market is quite firm for them. (His company has an Outperform on this stock.)
DON'T BUY
Given what we have seen Nokia go through, it is far from clear that this company may not be a value trap. Would prefer Apple (AAPL-Q).
HOLD
Just reported a very disappointing quarter and all of the bad news was immediately reflected in the stock price. Didn't sell her position. They need to get product out there. Sentiment is very negative. More than $5 per share in cash. Still has 60 million subscribers and about 25% of the US smart phone market share so there is still value.
COMMENT
Getting to the point now where it has been oversold. There are a lot of companies that are in worse shape and sell for far more than 6X earnings. Don't count on anything in terms of a quick turnaround. Excellent technology and leaders in many areas.
COMMENT
US analysts have given up n this a long time ago but Cdn analysts still hung. Feels their Playbook is not a bad product technically. No debt and cash on the balance sheet. Feels it is getting pretty close to a bottom. If they can earn $3.50 or $4, it’s a pretty cheap stock.
COMMENT
When in doubt, go the long-term charts. Support was back in 2004-2006 with the median being around $27. The lowest point was $22, so the stock has to stay there. Currently it is at critical support. Had 7 down corrections since 08, which is extreme. If you are going to bottom fish, it would be here.
SELL
Wouldn’t be comfortable stepping in yet. Looks like a falling knife. Listen to the conference call coming later today to hear the language and the tone.
COMMENT
Down about 15% after hours so expects it’s heading for $30 tomorrow morning, maybe a little less. Worse case scenario, for 2012 is that they make $5.20. They’ve got $4-$5 of cash in the bank. If you take that off, it means you are paying 5X this year’s earnings. Market thinks they will continue losing market share to Apple (AAPL-Q) but they have a huge installed base and people are not going to throw away their Blackberries. May be a value trap.
DON'T BUY
Clearly missed a whole product cycle. Rumours that the 2 Co-CEOs are not talking. Company is obviously in disarray. Guiding towards $7.50 in profit. If they miss that and earn something like $6 there is value. Question is, can they pull themselves out of a tail spin in terms of good new products. If it got down to $30 he “might” be interested.
PAST TOP PICK
(A Top Pick July 23/10. Down 37.9%.) Trading at 5 to 6 times current annual earnings, so he considers it still a Buy. Lots of cash.
COMMENT
Trading at about 7 or 8 times earnings. US market share continues to fall and they lag Apple (AAPL-Q) and androids. Too competitive a market for him. Would really look at it in the mid-$30s.
PAST TOP PICK
(Top Pick May 25/10, Down 16.04%) Sold a few months ago. A good company, looks obscenely cheap. Lots of negative sentiment around about the company. Will not think of shorting it.
PAST TOP PICK
(Top Pick Jul 8/10, Down 29.00%) He said a month ago not to be surprised if it went down to $8, and here it is. Thinks it will hold here. Earnings out next week and much anticipated. As a value manager you can’t resist this one. Model $82.83.
PAST TOP PICK
(Top Pick Jun 28/10, Down 31%) Now Apple is replicating the BBM. It was an advantage that they had that could disappear. There is a rumor about Microsoft approaching management. They have warned that their next quarter will not be good.
Showing 616 to 630 of 1,650 entries