BB trade ideas
Bearish Speculation-Undervalued (Long)Index - P/E 158.18 EPS (ttm) 0.03 Insider Own 11.20% Shs Outstand 558.46M Perf Week 2.76%
Market Cap 2.92B Forward P/E 37.29 EPS next Y 0.14 Insider Trans - Shs Float 541.78M Perf Month -4.22%
Income 31.00M PEG - EPS next Q 0.02 Inst Own 56.60% Short Float 3.65% Perf Quarter -28.88%
Sales 972.00M P/S 3.00 EPS this Y -82.60% Inst Trans -0.03% Short Ratio 3.79 Perf Half Y -43.81%
Book/sh 4.64 P/B 1.12 EPS next Y 185.71% ROA 0.80% Target Price 7.60 Perf Year -40.88%
Cash/sh 1.52 P/C 3.43 EPS next 5Y -2.30% ROE 1.20% 52W Range 4.86 - 10.29 Perf YTD -26.58%
Dividend - P/FCF 171.48 EPS past 5Y 15.00% ROI 2.30% 52W High -49.27% Beta 1.73
Dividend % - Quick Ratio - Sales past 5Y -33.20% Gross Margin 75.10% ]52W Low 7.41% /b ATR 0.22
Employees 3945 Current Ratio 2.30 Sales Q/Q 16.20% Oper. Margin 0.70% RSI (14) 41.58 Volatility 2.76% 3.51%
Optionable Yes Debt/Eq 0.24 EPS Q/Q -199.50% Profit Margin 3.20% Rel Volume 0.68 Prev Close 5.17
Shortable Yes LT Debt/Eq 0.24 Earnings Sep 24 BMO Payout 0.00% Avg Volume 5.21M Price 5.22
Recom 2.90 SMA20 1.48% SMA50 -16.46% SMA200 -32.98% Volume 3,547,224 Change 0.97%
$BB SHORTBig end of year short for $BB on accounting #'s that may lead to fraud and misleading investors with Q1 and Q2 #'s also way weaker then expected quarter and very weak guidance. Very short
BB Earnings BMO TuesdayBought a few $7 calls for earnings, upside is greater than downside risk. Options are actually pretty cheap, you could potentially to a $7.5 straddle and make money, because I think it's either gonna head to resistance (up) or support (down) by the end of the week.
I'm going long. I think it got over punished last earnings.
Black Berry (BB) Bullish Gartley or Bullish CrabBullish Gartley Pattern appearing on the 1D Chart. Could be worth playing small size as the range it offers has huge returns.
Bullish Crab also appearing, but if that completes that would mean all time lows in the range its been in for the past few months.
The measurements on the crab are pretty exact so I would play it a lot heavier if it gets that low (unlikely it does though).
BB has compelling future. I bit.Here I have drawn a couple lines showing what look like some bullish divergences.
This stock surprises me with the lack of confidence. I feel comfortable buying here seeing basically zero pump, and what appears to be market deflation.. Im no expert by any measure, but this seems to be an excellent opportunity to buy into a company that has been making a transition from hardware to subscription software, in the late stages, and at a low price. Security is key, and if these guys can become top tier, I think market will reward for many years. They seem to be off to great start, and in diverse applications. Little trade exposure, but in position to profit from any advances that may happen.
Clearly I like them, please drop a note with your take.. no need for bashing.. i know many have been burned.
$BBNYSE:BB Cae fuerte el día de hoy donde anuncian que mejoró los estimados de ingresos. Se desploma -9% y posiblemente toque la línea de tendencia de color violeta que la utilizará de soporte. MACD indica venta con una pendiente bastante pronunciada, lo cual indicaría que seguirá cayendo luego de tocar este soporte dinámico para luego tocar mínimos en 6,57, línea de retroceso de Fibonacci de 0. Otra opción es esperar un rebote en el soporte dinámico que coincide también con un soporte estático del 31/12/2018, lo cual permitiría una corrección al alza para luego volver a testear el límite inferior del canal bajista
BB EarningsEarnings are a crap shoot (no guarantees here) but this should pop back up if they meet, since they projected a profit.
We'll see Wednesday....
Blackberry needs a blowout earnings to pass resistance BlackBerry Limited BB, -0.12% (BB) today announced that its QNX software is now embedded in more than 150 million cars on the road today. This is an increase of 30 million cars since the company reported its automotive footprint in 2018.
"As this milestone proves, BlackBerry's footprint in the automotive industry has never been stronger," said John Chen, Executive Chairman and CEO, BlackBerry. "The world's leading automakers, tier ones, and chip manufacturers continue to seek out BlackBerry's safety-certified and highly-secure software for their next-generation vehicles. Together with our customers we will help to ensure that the future of mobility is safe, secure and built on trust."
THIS NEWS WAS NOT ENOUGH TO TURN THE FORTUNES OF THE STOCK AROUND, WHICH IS DOWNTRENDING AFTER A FAILED RALLY, THE $9 LEVEL HAS PROVED TO EXTREMELY DIFFICULT TO CROSS, SO IT WILL TAKE A BLOWOUT EARNINGS THIS WEEK TO GET ANY SUSTAINED UPWARD MOMENTUM.
AVERAGE ANALYSTS PRICE TARGET $10.79
AVERAGE ANALYSTS RECOMMENDATION HOLD
COMPANY PROFILE
BlackBerry Ltd. engages in the provision of enterprise software and services, which focuses on securing and managing Internet of Things endpoints. It offers a platform comprised of communication and collaboration software and safety-certified embedded solutions. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.
$BB BULLISH REVERSAL IN THE COMING DAY.****SCANNERS HAVE ALERTED US TO THE STOCK OF NYSE:BB WITH A POSSIBLE REVERSAL TRADE IN THE COMING DAYS. WISE TO WAIT FOR CONFIRMATION FROM STRONG VOLUME, MACD CROSS AND BULLISH ENGULFING CANDLE, RSI IS ALSO RECOVERING****** SET ALERTS FOR BREAK OF $8.50 FOR MORE BULLISH ENTRY.
BB Summer RallySmall caps appear to have broken out (IWM/$RUT), which means we'll see some money flowing into garbage small caps. If I gotta pick anything here, it's BB. Increasing revenue and they made a profit. Got hammered by lack of liquidity after earnings.
All kinds of positive TA... inverted H&S, a larger inverted H&S, cup and handle, bear flag. On top of that, positive divergence on MFI and RSI. Picked up 3k shares at closing price, thinking this heads back to $10.25 in a couple of weeks.
BB is a buyBBUSD bouncing around 0.618 with an RSI very bullish.
ABC completed for correction, new wave coming, keep an eye on it.
BB Inverted H&SIn this pumptarded market, very few stocks can justify their ridiculous P/E ratio. Bought into this yesterday for earnings, came out better than expected. I'm actually surprise this isn't up 20% already, maybe they should start selling yoga pants.
Earnings were 11 cents for the quarter, assuming growth, forward P/E would be less than 20. I'm holding this until at least $12, only 1k shares.
They don't sell any hardware any more, it's strictly software by license which is high margin.
Approaching Sell tierResistance from messy top is close. Looking for a rebound from highs into new lows potential. Or at least to lower trendline making another higher low as it has been for many years now. Medium term short.
Looking to pullback to at least intermediate support zone of 11$.
