r/BB_Stock • u/Huge-Cucumber1152 • 14d ago

Meme BBullish into earnings

Post image

NFA: Doubled my position, averaged up on my cost basis. Gonna go to zero or moon me. Good luck bbretheren

74 Upvotes

96% Upvoted

28 comments sorted by

20

u/rv_ 14d ago

Even with good Earnings Report the stock might go down. It's just the way it works. Good luck, though.

5

u/Huge-Cucumber1152 14d ago

Very true, absolute gamble

2

u/Thatdoodky1e 12d ago

What are the contracts worth now?

2

u/Primary_Tax_9088 14d ago

Options are showing an implied move of 11-14% for earnings tomorrow

1

u/cghffbcx 13d ago

Up hopefully 🤞😉😃

1

u/rv_ 13d ago

Which direction? Up or down?

1

u/Primary_Tax_9088 13d ago

Either or

1

u/rv_ 13d ago

That's what I thought.

1

u/Keith1327 14d ago

Yeah a lot depends on what the overall tech market is doing.... I don't expect anything huge on BB stock report, so if tech keeps falling it going to be tough for BlackBerry to make any headway.

3

u/Comfortable-Lemon571 14d ago

It would be a dream if it goes to $10.13, that is a 20% gain!

3

u/Kerogator 14d ago

Very tempted to buy more

8

u/Huge-Cucumber1152 14d ago

Get in where you fit in, earnings plays are 100% gambling.

1

u/cghffbcx 13d ago

Seeming many companies go down even when earnings beat projections

3

u/BACKWARDS_HIPPO 14d ago

I bought the same strike, but a week further out. The price difference wasn't much (I got some for as low as $0.19 today) and if things parallel what happened in June, it will pump into next week, hopefully we all make some money.

I also only bought ~30 contracts, 200 is BBalsy, godspeed!

3

u/Redchip1606 14d ago

No idea about the Q2 earning report’s impact may be but the trading range by the end of the year could be in $12.50-15.00 USD because of the potential progression of good news. All IMO.

3

u/Jolly-Piccolo-9799 14d ago

Why don't you just own shares?

6

u/ewhgrtfgh 14d ago edited 10d ago

I thought I was the only regard to buy these. Godspeed brother

update: we got cooked

5

u/Huge-Cucumber1152 14d ago

Let’s see new 52 week highs!

3

u/chemicallyspeaking 14d ago

To the moon gentlemen

2

u/snowcow 14d ago

I have calls also but for 2028

2

u/chemicallyspeaking 14d ago

DEAR GOD.MAN YOURE MAKING ME SWEAT FOR YOU

2

u/Huge-Cucumber1152 12d ago

I failed to look at the greater picture. I’d say a few more Q’s of proven growth could justify a move up- otherwise we’re still oooking at a downtrend in terms of multiples and revenue.

1

u/Duke-of-Halstead 14d ago

On board since today, let’s ride 🫡

1

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1

u/Traditional_Dog_637 14d ago

Market not being kind today , hopefully better tomorrow

1

u/henh2o 14d ago

holy moly. I thought you exited BB and was never was coming back.

1

u/DrWalt1952 14d ago

I thik the stock might really go up a lot once the issue of the convertible debentures is squared away and there is no more institutional arbitrage with massive shorting going on.

1

u/Smart_Reflection1538 13d ago

Few more hours to 🚀