Blackberry

Here is a five day chart of the trading activity on Blackberry during the week John Chen announced his retirement. October 31th 2023 was the actual day this announcement. The stock spiked on this announcement. This news was long overdue. During his rein the company continued a precipitous decline.

Here are a few charts to put things into perspective. First a twenty year chart.

Now a year to date chart and a three month chart. This stock was once a meme stock. Now it is kicked to the curb and somewhat forgotten.

So now what? More talk about unlocking shareholder value and a decision to no longer pursue an IPO. This is not what shareholders now want to hear. Nor do they want to hear the line about hiring a consulting firm to form an independent assessment. Some would say there goes more money out the window. What happened to the recent chatter of other companies trying to buy a piece of the action? Here is more of todays news.

So yes you can purchase Call options. Here is one series of the January 2024 Call options. They are pretty cheap so it becomes a question of what if? The current chart looks promising so once again it is a question of what if?

Perhaps the five dollar series of Calls six months out is a better way to go. Something might happen with this stock someday. You decide. Now a look at the chart and these Calls three days later.

Are you ready for this?

Options on stocks in this price range are great if you can catch the right direction! Now this.