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BlackBerry Is One Of The Hottest Stocks Of 2014, Seriously

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#1 +techbeck

techbeck

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Posted 08 July 2014 - 20:13

Don’t look now, but BlackBerry — you know, the butt of most cell phone jokes — is mounting an impressive comeback. BlackBerry’s stock is up 50 percent on the year and one of the best performers in its sector.

 

BlackBerry has been written off as dead countless times. The company is often viewed as a relic of a bygone era. Its CEO is a blowhard, not afraid to take spats with the company public. Yet the company is creating value for its shareholders.

 

In 2014 BlackBerry’s stock is outperforming all its peers. At the beginning of the year, the company’s stock was languishing at $7.44 a share. Yesterday it closed at $11.21. The stock is also up in trading today.

 

Apple is up just 20 percent on the year. Google? Just 5 percent, although it’s a touch easier for a struggling company to rebound than an established company to double its stock price.

 

More...

http://techcrunch.co...2014-seriously/




#2 panacea

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    technical cannibal

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Posted 08 July 2014 - 20:24


 although it’s a touch easier for a struggling company to rebound than an established company to double its stock price.

 

 

 

A touch????   For a rock bottom stock to make 50% fluctuation?  Its ###### easy!    Also, it is not growth!

 

You know, in stocks, loosing 50%, you have to double it back.   This stock lost SOOOO damn much, the 50% change is nothing!

 

It is also meaningless, since January 22nd, it was valued almost the same $11 it is valued NOW!     so you can argue, that the real consistent growth over last 5 month is ZERO.

 

 

What a POINTLESS article....  (no offense techbeck ;) )



#3 fusi0n

fusi0n

    Don't call it a come back

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Posted 08 July 2014 - 20:35

If they made enterprise grade Android devices with an awesome email client.. They might could pull it off.. 



#4 Astra.Xtreme

Astra.Xtreme

    Electrical Engineer

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Posted 08 July 2014 - 20:46

The stock was at 9.55 on 7/8/2013.  That's a tiny increase in a year especially since it was under $6 at one point.  It's been climbing up for a few months and then crashing back down.  

 

Sure you could play the game of trying to sell at a low point and hoping it peaks up, but for a company with a terrible EPS and financial outlook, it's a horrible horrible gamble.  

 

A much better option would be to invest in an REIT with a 15% yield and cash in on those dividends.  I go on vacation for free every year using those investments. :)



#5 rfirth

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Posted 08 July 2014 - 20:52

Blackberry...

 

Stock Price: $10.94

Earnings per share: $-11.39?

 

Sounds like a sound investment...