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Single Digit Stock Price Makes RedBerry The New BlackBerry

Tyler Durden's picture





 

First it was Research In Motion, then in an act of desperation (remember, it's not GMAC, it's Ally Bank although it can't IPO no matter what) it changed its name to Blackberry. And while we doubt it will happen, perhaps today's plunge of the stock price back to single digits should result in the final and correct name of the company that may have run out of kitchen sinks: RedBerry.

 

 


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Mon, 07/01/2013 - 08:14 | Link to Comment Poor Grogman
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At least you CAN eat blackberrys, and make pie from them.

Mon, 07/01/2013 - 10:45 | Link to Comment Popo
Popo's picture

LOL @ Karl Denninger.   I hope that windbag lost his shirt.

Mon, 07/01/2013 - 17:15 | Link to Comment Rentier
Rentier's picture

I concur, he is always pimping the stock on his BS site.

Mon, 07/01/2013 - 08:16 | Link to Comment Zero-risk bias
Zero-risk bias's picture

Splat!

Mon, 07/01/2013 - 08:18 | Link to Comment espirit
espirit's picture

Next up... ApplBerry!

Mon, 07/01/2013 - 08:22 | Link to Comment mayhem_korner
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Blackberry must not be the spying platform of choice for the NSA.

Mon, 07/01/2013 - 08:38 | Link to Comment doomandbloom
doomandbloom's picture

Since it was identified that Blackberry could be very effectively used in riots/revolutions in 2011. The stock has never been the same.

http://www.guardian.co.uk/uk/2011/dec/07/bbm-rioters-communication-method-choice

"It's legally questionable whether RIM could take any action to monitor BBM messages," he said. "It would be unlawful for RIM to identify users sending such material without appropriate authorisation from police or the courts, as this would involve searching users' messages. So, oddly, RIM could face more legal issues if it tried to take action than if it does not."

 Broadcasting on BBM was particularly effective in organising people on the streets and identifying targets with – as one rioter put it – "military precision". The "broadcast" feature allows users to instantly send the same piece of information to all their contacts, sometimes running into the hundreds.

Mon, 07/01/2013 - 11:17 | Link to Comment jonjon831983
jonjon831983's picture

Countries BB operates in can demand access to the encryption.  Since 2010 it publicized that Saudis and India demanded access.

"BlackBerry caved to Saudi demands: rights group"

http://www.csmonitor.com/World/Global-News/2010/0810/BlackBerry-caved-to-Saudi-demands-rights-group

 

 

So maybe, it is the other way people ditching their BB's and Twitters because they will be monitored (though what they would change to who really knows lol)

Mon, 07/01/2013 - 08:28 | Link to Comment Monedas
Monedas's picture

Oh .... Canada !    Stockprice In Motion !

Mon, 07/01/2013 - 08:24 | Link to Comment RideTheWalrus
RideTheWalrus's picture

"I designed it with a bite for scale, so people get that it was an apple not a cherry."

- Rob Janoff - the dude who designed the apple logo.

Mon, 07/01/2013 - 08:31 | Link to Comment Seasmoke
Seasmoke's picture

Dingleberry.

Mon, 07/01/2013 - 08:32 | Link to Comment tarsubil
tarsubil's picture

Beat me to it by seconds.

Mon, 07/01/2013 - 08:47 | Link to Comment WmMcK
WmMcK's picture

Huckleberry.

Mon, 07/01/2013 - 08:31 | Link to Comment ThunderingTurd
ThunderingTurd's picture

Once, just once would I like to wake up and see that the futures didn't ramp 15+ points overnight. Is this too much to ask?

Mon, 07/01/2013 - 09:37 | Link to Comment Colonel Klink
Colonel Klink's picture

In a word, yes.

Mon, 07/01/2013 - 08:34 | Link to Comment doomandbloom
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Dup

Mon, 07/01/2013 - 08:33 | Link to Comment texas sandman
texas sandman's picture

And yet, despite what was considered a bad quarter, DEBT FREE Blackberry ADDED to its cash position.  Interesting.......

Mon, 07/01/2013 - 08:34 | Link to Comment dobermangang
dobermangang's picture

They should build a smart phone made of gold that can shoot bullets.  It will be a best seller.

Mon, 07/01/2013 - 08:46 | Link to Comment WmMcK
WmMcK's picture

You know the rules, we're not supposed to talk about that.

Besides, you still can't eat it.

Needs a dessert topping feature.

And maybe some cowbell, too.

Mon, 07/01/2013 - 08:34 | Link to Comment booboo
booboo's picture

Some folk just love a good rimm job with a belt sander

Mon, 07/01/2013 - 08:35 | Link to Comment Monedas
Monedas's picture

They changed their flag, they changed RIM to Blackberry, they "bifuckated" their language and culture, they're changing their population to Muslim and Chinese .... I smell the perpetual Canadian identity crisis !

 

Mon, 07/01/2013 - 20:42 | Link to Comment prains
prains's picture

you are absolutely clueless about canadian culture, so no need to spout shit about something that's beyond your grasp

Mon, 07/01/2013 - 08:42 | Link to Comment Atomizer
Atomizer's picture

Cannot wait for Apple to post Q3 earnings report.

 

Apple Prices $17 Billion Debt Offering:

On April 30, 2013, in conjunction with its expanded program to return capital to shareholders, Apple priced an offering of $17 billion of senior unsecured notes across 3, 5, 10 and 30-year maturities.

http://investor.apple.com/

Mon, 07/01/2013 - 08:55 | Link to Comment christiangustafson
christiangustafson's picture

So is the Karl Denninger back in BBRY yet?  Or just his followers?

See Pump-n-dump Denninger

Mon, 07/01/2013 - 09:57 | Link to Comment moneybots
moneybots's picture

Denninger hasn't pumped and dumped anything.  He is a big believer in the Z10, having bought one and road tested it, explaining in great detail why he prefers it over any other smart phone.

Mon, 07/01/2013 - 10:48 | Link to Comment GubbermintWorker
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Karl? Is that you?

Mon, 07/01/2013 - 17:23 | Link to Comment Rentier
Rentier's picture

Karl the clown didn't even know about Samsung's Knox feature until it was pointed out to him.  He is Fanboi of what he has, as he thinks whatever he has is the best.  Hence, why he used to pimp Android phones on his site over IOS before going to crapberry.

Mon, 07/01/2013 - 10:08 | Link to Comment Mike7.62
Mike7.62's picture

That SOB deserves what he gets. After his big laugh IRT the gold smash of the last few weeks, I hope he's butt hurt, especially with all of the hyping that he's done for Blackberry and their new, better phone.

Mon, 07/01/2013 - 17:24 | Link to Comment Rentier
Rentier's picture

His backside is still hurting from few years ago when the fed did a switcheroo on him and he got burned on his holdings.

Mon, 07/01/2013 - 08:57 | Link to Comment Smegley Wanxalot
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Deadberry

Mon, 07/01/2013 - 08:57 | Link to Comment macambaman
macambaman's picture

BearBerry

Mon, 07/01/2013 - 09:02 | Link to Comment Fix It Again Timmy
Fix It Again Timmy's picture

Razzberry

Mon, 07/01/2013 - 09:05 | Link to Comment Freebird
Freebird's picture

Beriberi

Mon, 07/01/2013 - 09:09 | Link to Comment robertocarlos
robertocarlos's picture

It's a holiday in Canada. Turn those machines back on!

Mon, 07/01/2013 - 09:13 | Link to Comment slaughterer
slaughterer's picture

Zero Berry.

Mon, 07/01/2013 - 09:17 | Link to Comment Manipulism
Manipulism's picture

Denninger could fix it in minutes, he says.

http://market-ticker.org/akcs-www?post=222270

Oh yes.

Mon, 07/01/2013 - 09:40 | Link to Comment orangegeek
orangegeek's picture

roadkill

Mon, 07/01/2013 - 09:44 | Link to Comment Smegley Wanxalot
Smegley Wanxalot's picture

Roadkill In Motion???

Mon, 07/01/2013 - 09:46 | Link to Comment orangegeek
orangegeek's picture

well done - you've created an oxymoron

Mon, 07/01/2013 - 09:52 | Link to Comment Temporalist
Temporalist's picture

Not necessarily.  Never had roadkill stuck in your grill or the wheel hub or undercarriage?  You've got to pick up the roadkill and transport it to cook it too right? 

Mon, 07/01/2013 - 10:44 | Link to Comment 22winmag
22winmag's picture

The DoD will step in and save RIM/Blackberry just as before when they were about to get sued to death for brazenly stealing boatloads of technology.

Mon, 07/01/2013 - 10:50 | Link to Comment unemployed
unemployed's picture

Naked short selling bear raid,   DTCC market maker special,  short squeeze to follow in 9,8,7...  faster than JP Morgan's gold position flip.  35 percent of the shares was short?

Although last weeks short squeeze prediction is laughable in hind sight.

http://seekingalpha.com/article/1522222-blackberry-prepare-for-short-squeeze

Stay out of the big boys ways.

Mon, 07/01/2013 - 10:54 | Link to Comment Lmo Mutton
Lmo Mutton's picture

Bullish?

Mon, 07/01/2013 - 11:22 | Link to Comment Fred123
Fred123's picture

Lets see what plays out in the next few days, might be worth a nice long. Even tho most commentators are negative on BBRY it's still worth watching. Sorta like the USD, supposed to be in the 30's by now but looks to be headed up....maybe 100 or so?

Mon, 07/01/2013 - 12:02 | Link to Comment LongSilverJohn
LongSilverJohn's picture

fookinberry

Mon, 07/01/2013 - 12:15 | Link to Comment starman
starman's picture

why did the  Blackberry cross the road? to get in to the red...........berry

Mon, 07/01/2013 - 19:37 | Link to Comment HeavydutyMexica...
HeavydutyMexicanOfTheNorthernKingdom's picture

Microsoft should buy them....it would lock up the #3 spot.

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