"Citron's reports are a lot more fun to read than just about anything published by a mainstream Wall Street stock analyst."
-- Bloomberg News

Twitter
September 18, 2014
HomeReportsArchivesContact Us / SuggestionsLegal DisclaimerWho is Citron
 

BlackBerry: Why the Shorts and Analysts Have it Wrong

Posted in Citron Reports by Stocklemon on the January 17th, 2014

Citron looks at a $15 Target – Minimum

As a short seller, nothing creates a better investment opportunity than a heavily shorted stock based on a flawed thesis.  This creates unique trading opportunities that are relatively infrequent.  Citron thinks this unique circumstance now applies to BlackBerry [formerly Research in Motion:  NASDAQ:BBRY) ].

BlackBerry was such a ubiquitous handset brand just a few years ago, and fell off the radar so brutally, that short sellers have failed to realize that its identity no longer defines the company. Also, when seeking short sale opportunities, we always look for “bad” or “misguided” management.  If that is still your thesis with BlackBerry, we suggest it is time to exit.

Let’s start here:  BlackBerry completely blew a market leadership position, which it will never recover. They lost their dominant handset business, and had their lunch eaten by Apple and Google.  That was then.  Get over it.  

 For the rest of the story you won't read anywhere else, Click Here 

 


5 queries in 0.273 seconds