Boiler Room: The Official Stock Market Discussion

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Noteworthy volume in $NQ December 13 $4/$5 puts on Friday. Prolly a put spread. Wait to see if it transfers to OI tomorrow

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Bernie Madoff

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@aliG
Bbry down 19%. Fired the CEO and called off the sale. Selling convertible stock to raise 1 billion. I'll be looking for an entry point at these prices.
Actually think they can make it if they drop the handheld business (or keep it corporate only) and focus on enterprise and security.
 

Hiphoplives4eva

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@aliG
Bbry down 19%. Fired the CEO and called off the sale. Selling convertible stock to raise 1 billion. I'll be looking for an entry point at these prices.
Actually think they can make it if they drop the handheld business (or keep it corporate only) and focus on enterprise and security.
BBRY is done. Sorry to break it to you friend. M$ will undoubtedly own the corporate world shortly.
 

aliG

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@aliG
Bbry down 19%. Fired the CEO and called off the sale. Selling convertible stock to raise 1 billion. I'll be looking for an entry point at these prices.
Actually think they can make it if they drop the handheld business (or keep it corporate only) and focus on enterprise and security.

I said $5/6 is a good entry point for BBRY. I believe what Hiphoplives4eva said is right tho. I am a big fanboy and even I believe that it is done. You cant even legitimize buying on any sort of hype (like BB10 that took its stock price from 6 to 18).
 
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