BlackBerry (BB.TO)

The restructuring is pretty much over and they are going to return to growth. It has always been about BBM with Blackberry. He doesn’t think it is time to buy the stock at all.

Likes this. Volatile, but has a lot of low hanging fruit. There are metric valuations that can be improved upon. It’s not going to be in the handset business, but more in software on the security side. New CEO is reinventing the company. There is still a massive Short position in the US, which is going to have to be covered at some point.

He finds this one too difficult to value. When you buy, you can get some kind of announcement out of left field. He sees the NAV as anywhere from $12-$15. You could get one of those numbers if you broke up the company, but if you don’t, an ongoing trading range is lower than the present price.

Short? Maybe not a bad idea. Chart indicates it is targeting at around $8. If you are so inclined, and a speculator, it might not be a bad Short. You certainly wouldn’t want to be Long the way it is looking right now.

Technically it has just broken out above a reverse head and shoulders pattern, so it looks very, very good. Trend is on the upside, and is trading above its 20 day moving average. Outperforming the TSE. Everything looks good technically.

Company has moved up very, very smartly recently. Reported a loss of about $25 million, which was considered far better than people had expected. Has a lot of faith in John Chen, but thinks the turnaround could take longer than people expect. His initial Sell target is $17+.

Feels this is a little too volatile. They seem to be getting their act together and cash in the bank is improving. Have a lot of offshore users. Would like to see increased sales and the user base start to grow again.

This stock is very, very difficult to judge. In the past, it has had bump ups like the current one. It disappoints more often then it excites. The current increase is based on optimism, but it is not a great-looking chart. Volume has declined back to its normal level. He would wait for it to break above $12 before buying. If it can break above that, he can see it going to $15.

You should not base your exit strategy on when earnings come out. They may or may not take write-offs that we anticipate. He does not know their strategy and so does not own them.

This is a reasonable gamble. Mr. Chen is the latest American to come up and solve Canadian problems. He sounds good, he looks good and been something brilliant prior to this, so there is a chance that he can reshape as he is out to do. You can sit on this one, and speculate.

A great device for companies because of the security, but you can’t get people to use it anymore. The question is, if the company were sold, what are the patents, software, physical assets and cash on hand worth. He finds it hard to believe that they are making a lot of money at the moment.

A high risk investment. Has done a great job over the near-term in cutting their costs and now they want to make the operating system their main business model going forward. We’ll have to see how that plays out. This will take some time and it is not a sure thing.

With what is going on in the last couple of months in technology and a lot of the moving parts in respect to the new love in Apple (AAPL-Q), Google (GOOG-Q) and even Amazon (AMZN-Q), probably some of its patents get bought. Doesn’t fit his criteria.

Avoided it like the plague for a long time and is glad he did. They are trying to morph it into a different company, but he cannot tell you where it will be. They have a huge right sizing to do.

Done a very good job in trying to right the ship. Down at $8.50, it is probably not in a bad position for a trade. He does not know if it will exist in a couple of years. For a trade you can probably make some money on the way to $10. Trading to him is a 3-4 week period.