BBRY A Sell?

“We rate BLACKBERRY LTD (BBRY) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company’s weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.”  –TheStreet.com

Really TheStreet.com?  A sell after the stock has already been bombed out for the reasons you cite?  Really?  What were you saying about it at $140 or even $70 a share?  Was it a sell then?  Seriously, I don’t know and don’t have the time or inclination to look.  But I’d have my doubts TSC that you were calling ‘sell’ back then.

NFTRH+ had a completely different view the other day.  Of course, it was a technical view, not a fundamental one.  BBRY is a turnaround play with John Chen at the helm.  Indeed,now we find out that they are segregating the future from the past as the re-branding of this device dinosaur moves ahead.

Needless to say, today’s activity is thus far on the plan we laid out by daily and weekly charts in that + update (not linked because it is password protected).  Here’s the daily chart from that update, although the weekly is even more interesting in its message.

bbry

 

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