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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 | 3709562 Poor Grogman
Poor Grogman's picture

At least you CAN eat blackberrys, and make pie from them.

Mon, 07/01/2013 - 10:45 | 3709999 Popo
Popo's picture

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

Mon, 07/01/2013 - 17:15 | 3711377 Rentier
Rentier's picture

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

Mon, 07/01/2013 - 08:16 | 3709564 Zero-risk bias
Zero-risk bias's picture

Splat!

Mon, 07/01/2013 - 08:18 | 3709571 espirit
espirit's picture

Next up... ApplBerry!

Mon, 07/01/2013 - 08:22 | 3709578 mayhem_korner
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Blackberry must not be the spying platform of choice for the NSA.

Mon, 07/01/2013 - 08:38 | 3709606 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 | 3710109 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 | 3709586 Monedas
Monedas's picture

Oh .... Canada !    Stockprice In Motion !

Mon, 07/01/2013 - 08:24 | 3709588 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 | 3709597 Seasmoke
Seasmoke's picture

Dingleberry.

Mon, 07/01/2013 - 08:32 | 3709601 tarsubil
tarsubil's picture

Beat me to it by seconds.

Mon, 07/01/2013 - 08:47 | 3709637 WmMcK
WmMcK's picture

Huckleberry.

Mon, 07/01/2013 - 08:31 | 3709600 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 | 3709767 Colonel Klink
Colonel Klink's picture

In a word, yes.

Mon, 07/01/2013 - 08:34 | 3709604 doomandbloom
doomandbloom's picture

Dup

Mon, 07/01/2013 - 08:33 | 3709607 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 | 3709608 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 | 3709636 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 | 3709609 booboo
booboo's picture

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

Mon, 07/01/2013 - 08:35 | 3709610 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 | 3712078 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 | 3709631 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 | 3709655 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 | 3709840 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 | 3710013 GubbermintWorker
GubbermintWorker's picture

Karl? Is that you?

Mon, 07/01/2013 - 17:23 | 3711403 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 | 3709878 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 | 3711407 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 | 3709660 Smegley Wanxalot
Smegley Wanxalot's picture

Deadberry

Mon, 07/01/2013 - 08:57 | 3709664 macambaman
macambaman's picture

BearBerry

Mon, 07/01/2013 - 09:02 | 3709682 Fix It Again Timmy
Fix It Again Timmy's picture

Razzberry

Mon, 07/01/2013 - 09:05 | 3709686 Freebird
Freebird's picture

Beriberi

Mon, 07/01/2013 - 09:09 | 3709693 robertocarlos
robertocarlos's picture

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

Mon, 07/01/2013 - 09:13 | 3709710 slaughterer
slaughterer's picture

Zero Berry.

Mon, 07/01/2013 - 09:17 | 3709725 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 | 3709782 orangegeek
orangegeek's picture

roadkill

Mon, 07/01/2013 - 09:44 | 3709796 Smegley Wanxalot
Smegley Wanxalot's picture

Roadkill In Motion???

Mon, 07/01/2013 - 09:46 | 3709801 orangegeek
orangegeek's picture

well done - you've created an oxymoron

Mon, 07/01/2013 - 09:52 | 3709818 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 | 3709974 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 | 3710022 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 | 3710034 Lmo Mutton
Lmo Mutton's picture

Bullish?

Mon, 07/01/2013 - 11:22 | 3710128 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 | 3710294 LongSilverJohn
LongSilverJohn's picture

fookinberry

Mon, 07/01/2013 - 12:15 | 3710344 starman
starman's picture

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

Mon, 07/01/2013 - 19:37 | 3711837 HeavydutyMexica...
HeavydutyMexicanOfTheNorthernKingdom's picture

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

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