BlackBerry stock is close to a new 52-week high

By Chris Umiastowski on 11 Jul 2014 02:05 pm EDT

In the weeks since BlackBerry's latest earnings announcement the stock has climbed significantly higher. It was trading in the $8 range (all figures in USD) prior to the quarterly news, and has now advanced to $11.43 as I write this. This week the stock reached a high of $11.63, which is very close to the company's 52-week high of $12.18.

Momentum traders like to see stocks making new 52-week highs, so if BlackBerry can set a new high it will cause a flurry of headlines. Does any of this mean the turnaround plan is more on plan or less on plan? No, not really. But when a company is turning around it's certainly better to see Wall Street buying into that plan rather than being dismissive of it. As much as we'd often prefer it not to be the case, news does matter. People read the news and they believe what they read, whether it be positive or negative. Would-be buyers make decisions on headlines. BlackBerry really could use some more good press.

Why is the stock rising? The most obvious reason is the June 28th financial results that we wrote about already. But during that week the stock climbed only to about $10. The rally has continued into July, with the stock rising another 14%. I'm not saying the additional move should be connected to the CrackBerry Passport pre-review, but it's possible given the traffic we've seen to that post.

I generally prefer not to discuss short-term stock movements because I find them unproductive and full of useless guesses. But right now BlackBerry is in the midst of a turnaround and I am thrilled to see the stock approaching a new 52-week high. Let's wish the company continued success throughout 2014. We have a lot to look forward to with the release of new hardware, new OS updates and new BES software.

Topics: BBRY Editorial

Reader comments

BlackBerry stock is close to a new 52-week high


Nice I wish I bought some before. I guess it's not to late!!!

Posted from my awesome Q10 viaa CB app

Early in the turnaround.....BlackBerry will post an increase in phone sales for the next number of quarters as Z3 continues to roll out around the world.

Passport release in September will cause some buzz.

Passport (buying at least 1) and BES 12 at end of this fiscal mean some pretty exciting times for BlackBerry.

Buy...hold....enjoy the ride up.

Founding Member of "Club Z30 "..... the most exclusive club in mobile

Classic for sure! Then we will have to start a new club...Club Classic...the second most exclusive club in mobile.

Swiped via CB10 with my T-Mobile USA (Only T-Mo rep still pushing  ) new  BlackBerry Z30 (STA100-5), son! The Thor's Hammer of phones! Member of "Club Z30 "..... the most exclusive club in mobile. Once you go BlackBerry, everything else is wack-berry! #longestsignatureeverthatishortenedabit

Waiting to see the price variation between the classic and passport before I decide. Gonna miss this Z30 though.

I'm actually shocked at myself if I go for a classic or passport as that would be the third phone I get after under a year usage of the others.

Posted via CB10

Typing this on my second phone , while having the same thoughts... listening to some Tri-nidad calypso...

Zzzzwiped from a Zedevice....

Says Chris Umiastowski who doesn't really believe in the BlackBerry product, or the unique experiences. Would rather give up a better OS (self proclaimed) for a few Google apps. I don't know why we bring this guy to write a blog. He wants Google Play services on a Blackberry. Really? You want all your device usage tracked, downloaded and followed for the propose of selling ads. I spit at his articles. As an investor, I buy to make money. I don't love a stock. It is nothing if a company fails. I don't claim to be a fan of BlackBerry but I will not go on reading his BS.

Posted via CB10

Indeed. This article is utterly unworthy of Mr. U's talents. No discussion of analyst upgrades, of reports of success with the Z3, of the announcements regarding BES 10 uptake, of ALL of the announcements regarding BBM (ready for Windows Phone) and QNX (realization of its pervasiveness in the automotive space, and yesterday's webinar), of the Enstream deal (potential for big money in per-transaction fees), of the idea that a lot of analysts and investors have had a chance to do some due diligence since the June 19 financials, and realize that cash flow positive seems an eminently do-able goal on or before March, 2015.

Yasch22 you should spend a little more time on those points and make a good forum member article with all that good stuff happening. Would definitely make for another refreshing read.

Posted via CB10

I agree. As much as I like Chris's past work, recently he seems to be lacking. Chris, there have been good news almost every day on BES, QNX, Z3 uptake - Check talk to Bla1se or James R

Posted via CB10

I think we should cut Chris some slack, we all go through our rough spells, and when we do, it's support we need from our community. I believe in Chris and I know he will come back from the Dark Side.

Posted via CB10

It's totally because of the Passport Preview! Heck, even Business Insider wrote it up positively after the CB review went up. That's gotta count for a couple %. :)


This resurgence in BlackBerry stock started right around the time of the picture of "Cage" climbing the fence in his lululemons....

Check me on that...

Founding Member of "Club Z30 "..... the most exclusive club in mobile

Passport is promising to be a big hit! I just hope BlackBerry can sustain it with a good commercial!

Posted via my BlackBerry Z10!

Agreed... There seems to be a lot of talk online about this device, and most of it positive. I see a flurry of 'ugly device, but damn it's innovative' comments all over.

I told everyone here to buy when the stock slumped. There is a lot of money still yo be made from BlackBerry, the Passport is only one reason why the stock is bouncing up other factors including the resizing of operations,BES, BBM etc has also helped. At current price we are a third away from the long term value.

Posted via CB10

I told my best friend to stay on board when it tanked. He did and is loving every minute of it. :)


I really don't want spoil the party...

BUT If I were BlackBerry CEO and I wanted (or was forced) to kill BBRY handset division I would:

1) release device which I know has low chances to successfully reach the masses in growing smartphone market (qwerty device which is so large that almost 50 % of population (women) and the majority of men population /me included/ will NEVER buy it),

2) reduce creating/distributing native apps for that device/OS to a minimum,

3) create a buzz in the BBRY friendly (and probably not financially independent) media sufficient to get the attention in "mainstream" media (all those media which were involved in BBRY bashing/stock manipulating game /yes, Business Insider was one of them/ because they KNOW what game is played now),

4) overprice the device and pump some BBRY cash to marketing to silence potential critics.


5 months later..

Oops. Sales numbers of our flagship are not what we were expecting. After ALL we have done! We have to ditch our handset division because it's not profitable any more. No fair priced BB fulltouch. No BB slider. Game over.

Forget BlackBerry.

Enjoy your SAMSUNG, iPhone, Nokia and their great OS's since now!
Someone from BBRY (preferably the CEO) should reassure shareholders and general public that this WON’T happen.

Yes, because the Samsung Galaxy Note - which is larger - has been such a flop that they are now onto rev. 4, and large screen phones are selling in large numbers in emerging markets where the phone is also the primary computer.
So it makes no sense at all that anyone would release what is effectively a small computer with a keyboard and touchpad that is the same size as one of these large phones.
Women, by the way, carry handbags.

Yep. Most of the Note series handhelds I see are in the hands of, wait for it, women. No joke.

Posted via CB App from my Galaxy S4 Mini with an LED CrackLight ;-)

Can we get a editorial on the traffic CB has seen because of the Passport pre-review post? I'd be interested in seeing the numbers compared to other reviews, etc.

a site like mobile nations has privacy issues to consider, and often traffic patterns are a trade secret... so don't hold your breath :-)

Posted via CB10

Would be very interesting to know if Crackberry site traffic has bottomed in general or is still shrinking. Now THAT would be a data point that might move some market participants to action.

There was a time not long ago when CrackBerry was somewhere between the 24th and 35th most active site in North America. The numbers were publicly available and I'm sure still are. Pretty sure the numbers have fallen off for CrackBerry since that time, but I don't really know. Incidentally, most of the top twenty sites on the list were porn sites.

From my Neutrino Powered Z10

Ditto to what Ryan said. Don't see why the site would ever release site stats to the public. Wouldn't make competitive sense.

Posted via CB10

Guess I'll b buying stock....and advising others to do so.....i think blackberry is going to be rising out of the ashes

Posted via CB10

Be patient, and find a good entry point. (I know....that's what she said.....) It's your money.

From my Neutrino Powered Z10

Wow, these past couple of years have just been crazy. Am not an investor, but even I have felt like this has been a crazy ride.
The phone business isn't for the weak at heart lol.

Frosty white Q10/

If the Passport doesn't kill BlackBerry i'll buy stock. If that doesnt happen then BlackBerry should see a continuous rise in stock trade price.

I expect both qwerty devices to play a part. The passport as a flagship to be the definition of BlackBerry and the classic to be the 'consumer grade' that should pick up sales where the z3 starts to plateau.

Keeping fingers crossed that s z50 can follow suit filled by a z5 (not the cancelled z5 but z30, z3.... z50, z5...... unless the naming convention is now more meaningful defining words..... passport, classic)

Posted via CB10

I did in November (the day before it hit the 52-week low). I did it entirely on-line through e-Trade, but any of those low-commission brokers will work. You can fund it from your checking account and I think the minimum is $500. I bought some more yesterday. I'm just planning to hold it. It is unlikely that I will retire on my gains, but it is pleasant to see it going up right now.

Posted via CB10

Just remember......some people bought Apple when it was $4.00!

PROUD to be the 1%! Z10 on T-Mobile USA - Posted via CrackBerry 10

It's unlikely to be a straight line up. The stock has had a good run so far and may be due for a pull back and some short term profit taking. Unless it breaks through $12-13 my guess is it heads lower to like $9-10 until or unless something material comes out, like another Enstream type back end service deal, or some big American companies all upgrade to BES 10/12 or the Project Ion begins to gain tangible traction in health care with the NantHealth initiative. Personally that's what I attribute the latest bit of price action to, the Economic Times article from India that indicated NantHealth was making progress over there.

From my Neutrino Powered Z10

I just added some more BBRY stock to my portfolio!! Happy days ahead, I'm sure of it.

Posted via CB10

I bought in at 15. Wish I doubled down at 6 or 7. Either way is nice to see. A little short squeeze happening I'm sure.

Posted via CB10

it's good see blackberry rising again it's nice see people realize the true power of BB10

BB Z30!! running 10.3

What?! BlackBerry's stock is rising to a near 52 week high?!

But how will the usual tech journalists/Apple apologists claim BlackBerry is dead?! How I ask you?!

Shorties will jump back on it at some point and push the momentum in the other direction on any negative news. The stick I'd still quite vulnerable to this sort of action

From my Neutrino Powered Z10

Oh I wouldn't disagree with the that statement; I still think there is a certain level of vulnerability for sure.

My statement is more in regards to the idea on the face value of it all - the fact that the stock is slowly but surely making an ascent to an annual high is always welcomed news, but surely some tech outlets will somehow find a way to paint this picture as horrible.

which reminds me.... is a CB10 app update coming that allows blog comments to be edited? Or at least an overflow menu item to launch the post in the external BB10 browser?

Posted via CB10

I just saw an article this morning that said that 24/7 wall street predicted BlackBerry brand won't exist next year. Didn't read it, but it's a big gamble to make.

Posted via CB10

They can believe what they want. The easter bunny, Santa, the tooth fairy, angels, and blackberry won't be around next year.

Posted via CB10

Yep. Rubbish.

Too much cash in the bank for that to happen. And they're not blowing it as if there's no tomorrow...

"ChEO" is spending wisely.

Zzzzwiped from a Zedevice....

I've been buying stock already. I have full faith in BlackBerry and what they are doing to turn the company around.

Posted via CB10

I was sure my next BlackBerry was going to be the Classic but the Passport is winning me over. Anyway, hopefully enough people take the plunge and keep the good news coming for the company.

Posted via CB10

I'm just wondering if BlackBerry shot itself in the foot with releasing the Passport before the Classic? I don't know if it's just me, but I don't see or feel a lot of buzz over it lately. That could all change when the press tends to it I guess?


Yahoo prides itself on knowing the companies that will fail. Keep moving BlackBerry. Makes we want to see Yahoo fail. JS

Bring commercial! All over the world. And the stock will explode!

Posted via amazing professional Q10

One or two more deals like "enstream" and more news about NantHealth rolling out in health care I think will illustrate the backend secure services provider potential being realized and begin to push some blue sky into the earnings and growth estimates going forward.

From my Neutrino Powered Z10

The market is trading on one word - security. BlackBerry operates a niche; fear; and offers a solution. The corporate world likes this and will support BlackBerry in its aim to regain prime spot in secure comms. Chen knows the battle was lost long ago on the high street, but big business is still interested in his product.

Z10 from Day One

Chris, great article as usual. I especially liked the first sentence in the last paragraph!

Posted via CB10

It may break the 52 week but most likely will resettle at 10, a good place imo to buy for a long term plan it should rise and resettle at 12 to 13 by next year... if it grows properly with a nice curve upward.

In any case, a nice return of 20 or 30percent is awesome imo

Posted via CB10

A word of caution let's see what the response is to the Z3, Classic and the Passport when they hit Europe and the USA.

BlackBerry needs to double it's share price before investors will take BlackBerry seriously.

If the recovery is to continue then BlackBerry NEEDS to ADVERTISE.

The pricing of the devices has to be crucial.

Business customers need more VFM ( value for money) from BlackBerry.

No more overpriced nonsense.

BlackBerry isn't Apple.

It is no position to charge more from less.

The next earnings call will be the BIG one!!!

A Battle is won but the War continues...

Posted via CB10

Chris, great article. Was going to buy in January, but now I am wondering if I should still.

Anyone have any input -- anything from Chris Umi?

No one is going to tell you to buy or not to buy. It's a gamble, it's your money. If you got some money that you do not need within a couple of years or longer and willing to risk it. Go ahead. Any opinions either way are purely speculations. You either make some good money down the road or you gonna get blow up in your face like the Brazil team in the semi final.

Can it please rise more.. then fall drastically but with a whole bunch of warning so I can sell it and buy it back slat the bottom and then have it come right back up quickly? That would be great.. thanks!

Posted via CB10

Good to hear that BlackBerry under Mr. Chen has started the turnaround. It will be long process. Z3 and passport alone are will not get them significant market shares but successor for Z30 alongside Passport and Classic will definitely take the company to the next level. in its initial stages is already proved to be better OS than android and IOS 8.

Posted via CB10

Great news however. 24/7 Wallpaper stated that Blackberry will not be around in 2015

BlackBerry is about to run out of its nine lives. As recently as 2008, BlackBerry, then operating as Research In Motion, had 19.5% of the global smartphone market. However, following Apple’s introduction of the iPhone in 2007 and Google’s release of the Android mobile operating system in 2008, that figure fell to less than 1% by late 2013.
Despite the fanfare surrounding the release of two new phones last year, sales of the Z10 and Q10 were abysmal. At the end of last year, BlackBerry outsourced its hardware to Foxconn to focus on its software offerings.
The company has positioned its QNX platform as the most secure operating system for mobile communication, and it is now a leading OS in the auto and health care industries. While these are attractive businesses for potential buyers, they are inadequate on their own to make the company viable.
Revenue has continued its multiyear slide, confirming the belief that BlackBerry cannot survive on its own. In the most recently reported quarter, revenue dropped to $966 million from $3.1 billion in the same quarter the year before.

How much does Apple pay these magazines

If you say that BlackBerry is dead and you are right, no big deal.
If you say that BlackBerry is dead and you are wrong, no big deal becuase everyone is saying that.
If you say that BlackBerry is not dead and you are right. You will get mocked in the short term and forgotten in the long term.
If you say that BlackBerry is not dead and you are wrong, you will get mocked in the short term and forgotten in the long term.

Sad, but true. So, there really isn't much point in a journalist to defend BlackBerry.

So, it's pretty much all just vanity and chasing after the wind, then? You forgot one: But if you say BlackBerry will not fail, and back that up with stock purchases, then you can happily sell your stock later to a short at a much higher price. You can then be very happy that you've taken money from a hedgie that said BlackBerry will fail and who backed it up with a short position that then had to be closed out at a loss.
There's always that.

From my Neutrino Powered Z10

Ecclesiastes 1

The Vanity of Life

1 The words of the Preacher, the son of David, king in Jerusalem.

2 “Vanity of vanities,” says the Preacher;
“Vanity of vanities, all is vanity.”
3 What profit has a man from all his labor
In which he toils under the sun?
4 One generation passes away, and another generation comes;
But the earth abides forever.
5 The sun also rises, and the sun goes down,
And hastens to the place where it arose.
6 The wind goes toward the south,
And turns around to the north;
The wind whirls about continually,
And comes again on its circuit.
7 All the rivers run into the sea,
Yet the sea is not full;
To the place from which the rivers come,
There they return again.
8 All things are full of labor;
Man cannot express it.
The eye is not satisfied with seeing,
Nor the ear filled with hearing.
9 That which has been is what will be,
That which is done is what will be done,
And there is nothing new under the sun.

10 Is there anything of which it may be said,
“See, this is new”?
It has already been in ancient times before us.
11 There is no remembrance of former things,
Nor will there be any remembrance of things that are to come
By those who will come after.


tempus tacendi, tempus loquendi, dixit Ecclesiastes. There is a time for airplane mode and a time for making calls.

Jackwaldon -- what a pleasant surprise, to see a variation of Pascal's wager applied to the future of BlackBerry. I disagree with your third term. If you say that BB is not dead, and you prove to be right, you will be remembered for a long time, perhaps not by the masses but by the cognoscenti. If the frame of reference is "friends and family," you'll be remembered until the end of your time on earth, if only because you'll ensure that friends and family members (who once mocked you) remember that you made this call. Finally, if you say that BB is not dead, and you make a substantial bet on that prospect, you will definitely not be forgotten in the short, medium, or long term!

Yes, I do agree. I often tell people that BlackBerry is not dead. Obviously I am risking some of my own reputation by doing so. I already feel vindicated in that people have been saying that BlackBerry is dead for over 2 years and yet they are still around and their products are still providing value. But, when they stabilize and I create sustained profit, I will be in the clear, LOL.

To be clear, I don't defend BlackBerry out of vanity, just the situation as I honestly see it.

I just think that when it comes to public people who make their living projecting where a company is going to be next year, it is much easier to go with the flow then to stand out with what you say.

what happened to the fairfax debt?

I had thought that it was to be converted into stock when the stock price goes above $10. Am I correct about that? And if so, has that happened?

One of the big strong talking points of BlackBerry was that they have zero debt. With the fairfax loan, that wasn't exactly true anymore. Is that true again?

Besides, those "brands that won't be here next year" articles are full of it. A lot of predictions with zero accountability.

Convertible debentures can be thought of as equity as well as debt. In this case, currently it is debt that pays a coupon interest rate over time to the holder (Fairfax). It has the option to be converted at the price $9. a share under terms that may be triggered by either the holder or BlackBerry, depending on how it was arranged, bit to my knowledge Fairfax hasn't converted yet, nor would they since at that point the payout of interest stops and they are simply long the stock like any other holder of stock. The option to convert, but also receive interest payments gives them downside protection on their capital.

From my Neutrino Powered Z10

While still allowing them to fully participate in any upside in th e stock price. My guess (I haven't yet gone through the quarterly report to see how it is accounted) is that it is accounted for as equity, so, technically they have no debt. Someone please correct me if I'm wrong on this.

From my Neutrino Powered Z10

Thank you! I've asked this question before but hadn't got much of an answer.

So, if you see Fairfax convert, that is a really good sign because it shows confidence that (they think) the share price will continue to increase, enough to offset the the value of the interest payments. Am I understanding this right?

Yes, that's the way I would read that, as long as they would be holders and not sellers if stock at that point.

From my Neutrino Powered Z10

Jackwaldon -- Fairfax and other companies own debentures worth $1.25 billion. They have the option of converting them to shares at the price of $10 per share any time between today and 2020. In the meantime, these investors are making 6% annually on their debentures. It is extremely unlikely they'll convert the debentures to shares prior to 2020, as they have one of the best gigs going. If BB continues to move from strength to strength, quarter over quarter, the share price should keep rising steadily between now and 2020, but debenture-holders will be paid 6% annually until that time to watch the value of their investment rise. If they convert their debentures to shares prematurely, that could mean a number of things. One is simply that the investing company needs to raise cash for a new venture, so they turn their debentures into shares, and then sell the shares. Another possible interpretation would be that investors see trouble on BB's horizion, so they convert and sell off their shares because they might possibly believe the company is headed for a sustained downturn.

Seems like, if I were an investor, I'd be looking for fairfax to convert as a signal that something really good, or really bad, is about to happen.

Maybe that would be foolish however, since that assumes that fairfax has some inside scoop that no one else does. And I imagine that there are laws prohibiting such knowledge. Maybe they are just watching closer that anyone else, since no one else has as much to gain or lose and so many have written BlackBerry off.

BBRY wouldn't have survived 2014 if Heins was still in charge. I think Wall Street is starting to believe in John Chen. I'm rooting for BBRY all the way!

Hey Chris, I was looking at BBRY 1year chart and it looks like a reverse head and shoulders.

Posted via CB10

I know I am looking forward to new OS'S, new phones and all that, but what is this "we"? Have you come #BacktoBlack? Have you ditched your porous android for a secure BlackBerry? Have you given up on the clunky UI to enjoy the goodness of communication with BlackBerry? Have you reveled in the Android apps you covet thru Snap on a new BlackBerry? ;)

Good write up, Chris. Maybe it is about CrackBerry 's Passport review but also about John Chen's leadership and BlackBerry hitting all the marks on a clear turn-a-round plan.

Posted via CB10 via my Z10

Now that they've got a BB10 successor for the Bold 9900 peeps, the Torchies surely would want theirs.

I'm in.

Zzzzwiped from a Zedevice....

I actually feel the BlackBerry is valued about where it should be right now... with room to grow. But, there's something in me that says buying right now would be buying "high." It's like I'm afraid that expectations for sales of the Passport haven't been set accordingly, and that, even 5,000,000 units in a month might be portrayed as a disappointment given the ubiquitous comparisons to Apple/Sammy sales figures. I don't have a rationale, but I feel like we're set to go down, again, before we go up significantly.

BlackBerry cannot be written off. It has the best OS 10.3 and new devices are surely going to make the turnaround for the company. It will prove all the critics wrong. Passport, Classic, Z30 new version is on the anvil and 2015 will be the turnaround year for the company.

Posted via CB10

Awesome.. way to go BlackBerry. I know I should keep an eye on the stock numbers & all the business in regards to our beloved brand. But either way, I'm getting my PASSPORT. Even if anything happens with the company (God forbid) i'll still use BlackBerry.

Posted via my bad a** Z30!!!

What I don't understand is that when GoPro went IPO, their share went up to $33. Which doesn't make sense cause if you would honestly compare BlackBerry in its whole, a BB share should be much higher than GoPro.
Probably shows enough that I'm not an economist.

Suckers can be persuaded that new companies are going to have an amazing future, but it is harder to persuade them when the share price for the previous 10 years can be viewed easily. It's not economics, it's the psychology of gamblers. The GoPro, Facebook etc. share prices were predicated on "better get some because one of these days one of these companies will be the new Apple". Remember, most of the buyers are using other people's money.

I think the stock price has increased with more confidence that some turnaround, however modest, is underway. News is less negative. Management is showing commitment and vision. New hardware,and a new software release is key to optimism. One issue here is the role of the Z3 in emerging markets. If it sells well, then it will push optimism higher. Personally I doubt it will. My view is that while the enterprise space is limited, BlackBerry has a high profile in it and this foundation is needed for further growth. BlackBerry has lost the consumer market and will not sell well there unless there is a huge security breach.

Posted via CB10

The z3 is already performing well. Things are heading in the right direction

C00121953 channel for car freaks!!

Interestingly, when Blackberry does poorly it's all over the news, but if Blackberry does well it isn't in the news anywhere. Why is that?


Could you possibly please post the BB:CN numbers in Canadian dollars please since it's headquartered in Canada ... please? I really think since most of the sales between Canada vs USA is here in Canada or at least since it's NOC is here and it's headquarted, and finally founded in Canada we, here at CB10 should give it the respect it deserves.

Nice summary Chris. This news can easily be blown out of proportion and you kept it nicely at bay. Steady as she go's and let's hope the momentum continues. Even though this is a new and improved managed BlackBerry, I'll never forget what happened in 2013.


I follow it and every media company was burying them in January. Now they are all loving them again.

Posted via CB10

Does anyone want to buy an elephant? It just happens im selling one. Oh, and if u buy two I will throw in some panda's too

Posted via CB10

Glad to see you back writing articles Chris. I always enjoy reading the articles about stock prices being I also am a stock holder of bbry. Let's make a comeback I want blackberry to be successful.

Good article Chris....

BlackBerry is just beginning the turnaround led by a great ceo.

Passport and classic will be two greatly received phones and strengthen the core business professionals need for productivity and security...

Improvements to bbm, etc... all coming....

Those holding blackberry stock long will be rewarded!...

From my Z30.... tokyo

Posted via CB10

It's nice to see BlackBerry coming back up.

Swiped via CB10 with my T-Mobile USA (Only T-Mo rep still pushing  ) new  BlackBerry Z30 (STA100-5), son! The Thor's Hammer of phones! Member of "Club Z30 "..... the most exclusive club in mobile. Once you go BlackBerry, everything else is wack-berry! #longestsignatureeverthatishortenedabit

CEO Chen will definitely make a turnaround for BlackBerry. The writing is on the wall now. Just matter of months when BlackBerry puts it act together with the new devices Z3, Passport, Classic, and Z30 successor.
Z3 will replace the legacy devices soon. Test marketing for Z3 has shown encouraging results in all the markets it has launched.

Posted via CB10

Still loving the z10.

Held stock up from 9.62 to 18.00 and then back down to bottom. Waiting for the rise back to greatness.

Posted via CB10

52 week high is a good thing. Needs to climb higher and higher.

Posted via CrackBerry 10 (CB10) application using my BlackBerry Q10.

If, and I believe he will, Chen does it right, BBRY will surpass its all time high of $148. I was attacked by CB fans when I criticized Heins (who was basically a useless puppet of previous management). Chen is no Heins. Heins is an engineer, not a visionary or CEO material. Chen is.
I cant help but think how CB was falling all over Heins, he is responsible for huge losses and he walked away a very rich man after destroying the company.
CB should stop brownnosing and be more objective.

The stock will no doubt fluctuate up and down between 9-11$ range until next quarter. I believe what we should be paying attention to are the Z3 sales in Indonesia, and now india and Africa. This device might bring them close to profitability. If it does we will see a new 52wk high for BBRY. I have been watching this stock since before the crash, and before the BB10 OS release, and I would trade carefully now, but next quarter I hope to hear high numbers for Z3 device sales. The only news I have been hearing from my friends who live in Indonesia is that carriers are making them buy two Z3's for $300 (3,475,500.0000 rp). This could turn people away that can't find another person to buy the second phone. The average wage in Indonesia is around $200 month and they get paid monthly not by-weekly like the USA, so few would be able to afford to buy two devices.

Posted via Z10

It is also because of BlackBerry Fact Check! BlackBerry is so vocal right now! Keep it up BlackBerry!

Thanks Chris. I think you included the incorrect link, referred back to your June 28, 2013 article, but I believe you meant to link to your June 19, 2014. Very different reports.