This post was just published on ZYX Short Change Alert. BBRY was shorted around $10.40 yesterday. The stock is at $9.84 as of this writing. Our algorithms are detecting a considerable amount of buying coming in right here. It is prudent to go ahead and take profits and exit the position
This post was just published on ZYX Short Change Alert. BBRY has moved up on a report of a new order for 80,000 devices from the DOD. There are indications that the report is false. Consider staring a 20% tranche right here in the zone of $10.40-11.25. Stop zone $11.63-11.88. Target zone
Early Friday Samsung issued a sales and earnings outlook for the second quarter of 2013. The Korean firm’s estimate for sales is 56 – 58 trillion won and the estimate for operating profits is 9.3 – 9.7 trillion won. These numbers represent an 18% increase in sales and 44% increase in operating
After carefully studying BlackBerry’s (BBRY) financial results released this morning and listening to the conference call, my conclusion is that the chances of BlackBerry being bought just dropped dramatically. A major support under BlackBerry shares has been the prospect of a buyout. Unless there is some new information, BlackBerry shares
There are days when price action in stocks provides more information than usual, all one has to do is to observe while leaving opinions at the door. Tuesday was one of those days. There were major announcements from BlackBerry as well as Nokia and Apple AAPL stock fell precipitously in the afternoon. There were
On Monday, Samsung made a 5G announcement promising download of 3D movies in seconds. Samsung did the most masterful job of spinning a test for the maximum public relations impact that I have seen in a long time. Samsung served up such a sumptuous treat to the media who seem
On Wednesday after the markets closed, Qualcomm QCOM reported earnings. Buried in Qualcomm’s results is bad news for Apple AAPL, BlackBerry and Nokia . Qualcomm owns intellectual property related to code division multiple access (CDMA). This technology is behind many of today’s wireless networks. Qualcomm also provides chip sets for mobile devices. Since Qualcomm licenses the technology
Quarterly earnings from Apple for the three months ended March 30 come out Tuesday after the market closes. Unlike in prior quarters, there is not a high probability scenario that can be laid out with any degree of confidence ahead of earnings. Acting on Apple stock ahead of earnings this
Apple became the largest company in the world by market capitalization on the strength of innovation in mobile phones. Fortunately for Apple, the last several years there has been a consumer trend to treat their phones as status symbols or fashion accessories. This kind of consumer behavior has also been
Ever since Apple announced that it would offer a streaming music service, there has not been much doubt that Apple would attempt to beat Internet radio heavyweight, Pandora. The thinking is that Apple will squeeze music labels to get better terms than Pandora. Such a scenario is certainly better for Apple, but