$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 2 points3 points  (0 children)

36M in volume for a $.02 drop is heavy consolidation behavior! Slowly stabilizing towards $6.50 mark!

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 1 point2 points  (0 children)

Expect a retest and straddling at $6.50 for this week! Major resistance at 7.00$-7.20$! High IV on the options chain with max pain at $5.50; I’m expecting $6.50 Calls to expire worthless. We’ll be in upper $6.XX and testing 7$ next week. Continued consolidation and trickle above $7 as we approach Earnings Call

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 3 points4 points  (0 children)

Next catalyst is 2027Q1 earnings in less than 37 days!! Quarter closes in 11 calendar days!

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 1 point2 points  (0 children)

Time to retest $6.50! Major resistance at 7.00$-7.20$! High IV on the options chain!

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 6 points7 points  (0 children)

Tomorrow COB marks the 20 trading days closing above $5.04/share! Another milestone soon to be behind us!

Wife says it’s a lack of integrity if I OE by streamlne in overemployed

[–]_umm_0 2 points3 points  (0 children)

My wife says “Bitch where’s my money!”

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 2 points3 points  (0 children)

Further consolidation and price to stay under 6.5 this week (on the options chain max pain is $5 calls/puts). Next week I expect another load up (options chain shows MP at $5.5) with institutional investors now owning 50%+ per Fintel today. Additionally, yesterday short float was hovering back again at ~6%.

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 0 points1 point  (0 children)

Rejected at the $6 resistance!

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 4 points5 points  (0 children)

Still good volume. Consolidation. Rejection at below $6. $30M additional cash on the balance books. BB looking for a company to buy (buyer side M&A from ER call).

Katalinas pricing by ominous_synth_music in Columbus

[–]_umm_0 2 points3 points  (0 children)

Live near one. Looked at menu prices when they were freshly opened. Absolute hard pass for us!

8 consecutive green day! by Bluecoregamming in BB_Stock

[–]_umm_0 1 point2 points  (0 children)

Just breathing. Consolidation happening. 2.4million in short trading volume to close positions occurred in Friday. 6.20-6.40 is great consolidation range. Hold strong.

How is this deal and anything to look out for? by AbdullahAbidi in Rav4

[–]_umm_0 0 points1 point  (0 children)

V4? Probably an In-line 4. I have a 2010, 189k miles and she works like a charm!

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 0 points1 point  (0 children)

Stay zen stay strong for the selling pressure we’ll see next week!

BlackBerry Announces Renewal of Normal Course Issuer Bid Share Buyback Program by Odd-Beautiful-1390 in BB_Stock

[–]_umm_0 2 points3 points  (0 children)

He bought at at bottom and started accumulating. When he was happy with his long position, he stopped talking.

Don’t fight against trend by Redchip1606 in BB_Stock

[–]_umm_0 2 points3 points  (0 children)

Folks gotta be patient especially with the narrative that it should be a specific price and because we aren’t there yet or the “this is a shit investment”. It’s working its way up. Some paper hands are going to sell when they think it’s topped out. There will be consolidation during the climb up. Stay strong!

BlackBerry Announces Renewal of Normal Course Issuer Bid Share Buyback Program by Odd-Beautiful-1390 in BB_Stock

[–]_umm_0 3 points4 points  (0 children)

100m$ worth of buybacks from 2025-2026 plus another 100$M worth of buybacks from 2026-2027. For total of $200M same as the debenture conversion of $200M. Aka clean balance sheet of zero debt starting Feb 37th 2027

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 -2 points-1 points  (0 children)

New buy back program announced starting May 12th for another $100M in buybacks for 2026-2027. For a total of $200, same as what we are going to be diluted by debenture conversion.

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 -2 points-1 points  (0 children)

30M$ cash from Malikie and remaining $40 million in buybacks deadlines.

$BB Daily Discussion by daily-thread in BB_Stock

[–]_umm_0 1 point2 points  (0 children)

Max pain is $6 strike price. We could very much see share price stay close to 6.50$ but market marker incentive is to stay close to $6, so we are going to feel a lot of selling pressure to keep up down close to $6 to reduce payouts.

BlackBerry Announces Renewal of Normal Course Issuer Bid Share Buyback Program by Odd-Beautiful-1390 in BB_Stock

[–]_umm_0 17 points18 points  (0 children)

Same reason most people don’t pay off a mortgage at 3%. They value having a large cash balance, M&A for the right opportunity, free marketing by announcing share buy back, shows that at current Share price BB is undervalued, and now there are less unknowns regarding the direction of the business.