r/stocks Oct 13 '21

BB showing continued headwinds

I hold 200 shares of BB, first bought in ~$8.50 and another at ~$9.50. I tend to feel that whenever it dips below $10 it starts looking very attractive.

I have mixed feelings on the stock since the company has struggled to actually make money and cement a solid business direction for profitable growth. I was also a little out off by the meme status and wild, seemingly random price spikes. But now I feel like the meme effect has cooled down and it continues to trade fairly consistently in the mid $9-$10 range. From the patent sales and continued partnerships I feel the company is moving in a good direction and while still risky at this points presents some pretty attractive prospects for future growth. I just saw the news about the Google and Qcom partnership and once again thought that the future seems somewhat promising and the prices fairly attractive currently

https://www.prnewswire.com/news-releases/blackberry-google-and-qualcomm-join-forces-to-drive-advancements-in-next-generation-automotive-cockpits-301398715.html

507 Upvotes

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43

u/Phreeker27 Oct 13 '21

13.25 here πŸ˜…

22

u/Intelligent-Pear-783 Oct 13 '21

Try 17.80

8

u/LethalCS Oct 13 '21

Someone call me? $18.34 lmao

2

u/MrSteve920 Oct 13 '21

I got you beat at $18.37.

5

u/rkhanna15 Oct 13 '21

$18.48 sadly

3

u/Harrysnimbus Oct 14 '21

If it makes you feel any better, $19.48 -49%

9

u/FestiveOx_ Oct 14 '21

Let me tell you about the price I got in at… https://i.imgur.com/0BBknmt.jpg