BlackBerry Ltd

[dmedin]

Although I have no interest in P/E or such, it makes sense to take a quick look at company fundamentals now and then.  BlackBerry posted a modestly successful quarterly result recently and the subsequent selloff looks a bit sharp, so this seems like a good long to hold on to.   A nice retracement to 850 doesn't seem unreasonable. (Disclosure: I am long.  )

If it does drop further and stop me out I might then immediately open a short with a target of 657.

 

 

Edited July 17, 2019 by dmedin

[dmedin]

It's still selling off heavily, so considering a short to 596.

[dmedin]

But I shall wait and see if it rallies a bit, then sell the rally.  😎

[dmedin]

WOW.  Was not expecting that.  So glad I didn't open a long position on this company's stock.

[dmedin]

This stock is is uncharted territory.  AFAICT the next 'resistance' point is way, way down at a level established many years ago.  Surely it won't fall that far.

 

 

 

Edited September 27, 2019 by dmedin

[dmedin]

Still falling

 

[dmedin]

On 27/09/2019 at 16:17, dmedin said:

AFAICT the next 'resistance'

Support, even.

But it's okay, as I know nobody reads my posts anyway

 

[dmedin]

Short the sh!t out of this one

[dmedin]

Yet another share that would have richly rewarded the cautious, patient, buy-and-hold approach at or near the bottom.  Seems like a bit of a theme with stocks?

 

 

Edited December 22, 2019 by dmedin

[dmedin]

Hmm.  It all looks so straightforward now.   Short it back down? 🤨

Edited January 2, 2020 by dmedin

[Caseynotes]

 

5 hours ago, dmedin said:

Hmm.  It all looks so straightforward now.   Short it back down? 🤨

I wouldn't be in a rush to short that, you can see why it's been held up from continuing higher but the bulls may just be just catching breath and gathering for another push up.

[dmedin]

Gaps higher on increased volume, buy!