Tutur

BlackBerry going back to $9.50?

Short
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NYSE:BB   BlackBerry Limited
BB is evolving in a parallel channel. We failed to break out of the upper limit even after a positive $0.15/share surprise on EPS and an increase of 126% in net income compared to last year's report. However, the announced high revenues coming from their new activities take longer than expected to yield a profit. That is why I believe market sentiment will not get substantially better in the short run. However, in the long run, BlakcBerry might perform well within the software and automated car industry.
Trade attivo:
Getting closer to my target. Ready to lock in profits.
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