It is BlackBerry’s time to shine, once again. The planets are aligned and anyone who does not see the investment opportunity is daft.
1) iCloud hacks
2) Retailer hacks
3) Multiple accumulating Apple hacks, summarized by our razrrob here
4) Passport game changer on the way
5) Chen at the wheel
6) IoT (Internet of things) opportunity, considering all of the above
7) Security requirements of Enterprise
One person who is clearly not an iDiot is Billionaire D.E. Shaw, who we just learned has invested $46 million in BlackBerry stock.
But people who clearly are iDiots are those self proclaimed financial and investment “experts”, such as Robert Baillieul who even has to ask the question today:
Robert, who is clearly not good at math and cannot figure out what 2+2 is, even after all of the recent news…can only think of one of the above listed reasons as to why this crazy billionaire would invest in “BlackBerry [who] is better known for its struggling handset business.”
Here is what the iGenius came up with:
The announcement might come as a surprise to most investors. BlackBerry is better known for its struggling handset business. Perhaps there’s some value to be salvaged from this operation, but the company is unlikely to last long against giants like Apple Inc. and Google Inc.
Judging by Mr. Shaw’s positions, he’s definitely optimistic on the IoT’s potential. Even if the market is only half as big as Chambers is predicting, the opportunity here is enormous. And this could lead to big profits from investors willing to bet on this emerging industry.
That’s only part of the equation Robert so you fail in math.
Here is the correct math, only considering the most recent news:
100 Celebrities hacked, all on iPhone, plus one retailer hacked, who ditched BlackBerry = BlackBerry is in a perfect position to grow and grow..
So off to Principal Grim’s office with you to join Cadie.
And what’s this, another iNane question?
What’s with the questions with obvious answers?
Here we discover another failing student on Yahoo Finance… Gina Sanchez from Chantico Global:
“I think, right now BlackBerry Ltd (NASDAQ:BBRY) is surviving on borrowed time. By that I mean, a convertible bond offering that’s been keeping the company afloat, of $1.25 billion. They are losing money; their revenue is down almost 68.5%. Their ROE [return on equity]is like negative 162%. So, BlackBerry Ltd (NASDAQ:BBRY) is a challenge still […],” Sanchez said.
Gina even adds:
Sanchez added that it’s not that she is completely pessimistic about the company, since BlackBerry Ltd (NASDAQ:BBRY) still owns valuable assets like Blackberry Messenger, its enterprise software and QNX. Sanchez feels that BlackBerry Ltd (NASDAQ:BBRY)’s enterprise software is the most ‘hack-proof’ software in the context of the recent leaks.
You’re not being pessimist Gina ? What did you say right before that?
Off to Principal Grim’s office with you for lying and insulting the intelligence of the other students..
And last but not least, our old friend Kofi Buffoon, who had already been sent to Principal Grim, is at it again:
Kofi, who is long Apple, tries to feed us this yesterday:
•The BlackBerry business model has all but collapsed in recent years.
•A recent $1.25 billion convertible bond deal has stabilized BlackBerry business results. The debt financing, however, should not be confused for improved business performance.
•Conservative investors should avoid BlackBerry stock.
Some juvenile delinquents will just never learn:
Billionaires do not get to be billionaires by being financially incompetent and D.E Shaw is not alone.
Irving Kahn of Kahn Brothers Group recently increased his allocation to BlackBerry (NASDAQ:BBRY) by 271% to 1.7 million shares, and Prem Watsa‘s Fairfax Financial Holding owns over 46 million shares of BlackBerry Ltd (NASDAQ:BBRY).
It is only the financial “experts” in the media who will be the losers when it comes to BlackBerry. and they will be left with their mouths hanging open as BlackBerry zips right on by while they haven’t been paying enough attention, busy posing stupid questions in their writings.
So for the rest of the class, are you going to grow up to be financial iDiots, or are you going to invest in BlackBerry and go #BacktoBlack ?