BlackBerry (BB.TO)

(Market Call Minute.) Just too big of a crapshoot. Terrific company that got clobbered by distracted management and its big competitor, Apple (AAPL-Q).

Completed almost a perfect reverse head and shoulders pattern about 2 months ago. This is the most bullish pattern a tech analyst looks at. It could now come back to its neck line and that would provide another buying opportunity. It still looks promising from a technical point of view.

Very difficult story. It all depends on BlackBerry 10. The general view is that it is a great product. If this can consolidate this company’s position in the enterprise space they have a very good opportunity of being a player in the smart phone business. Stock will be very volatile over the next 1.5 months.

Questions how analyzable the situation is now. Feels that this is a speculation more than an investment at this time. If you are putting money in that you can afford to lose, go ahead, but on the other hand if it is a huge success, it could be a home run.

Doesn’t feel the quarter’s earnings matter that much, it’s all about BlackBerry 10 at the moment and how the launch goes and whether they’ll be able to regain any of the market share that they lost over the last few years. Modestly increased cash by mostly managing the balance sheet better. What matters is what people are going to think about the new device, when they get it out there and if they can grow their subscriber base.

A one trick pony now. It has basically bet the whole company on Blackberry 10. This is a bet, not an investment.

Moving quickly. Lots of speculative flow. You have some momentum but there is overhead resistance, not massive, just below $15. Thinks we could see a test of the 52 week high in Q1. Below $11.50 it will re-test previous lows.

This thing has really changed. They have to launch in February. The blackberry share has been shrinking which he has been watching. There is still a lot of risks in the name, but it could reach it’s 52 week high.

Coming out with the new system and a new model and he feels it is probably a good speculation.

This is the kind of stock that he likes to buy, but it is too soon. A broken company that is on the mend, the stock chart has a pretty predictable pattern. When things are bad, it tends to drop but then will rally. That is what is happening now. The truth is, there is no news. We still don’t know if they are going to pull out of this nose dive. The time to buy is when the stock basically flat lines in price and the volume dries up.

If you own, it never hurts to sell half your position. Technically the stock is acting not badly at all. Still does well offshore. It will be good to see what exactly comes out of the new product.

There is some really good support at probably around the $10 range. Some of the big firms have recently got on board and often this will drive something. If you don’t own, you could buy it here but put your stop in, probably a couple of percent below. He would rather wait for it to get a little bit of momentum.

Has been adding to his holdings. Playing field is clear and there is a dearth of new appliances and this one now comes to the front line. All the analysts who see the actual BlackBerry 10 are saying this is a very interesting machine. Still thinks it is going to make some headway. Still the leader in emerging countries.

The market is a collection of a whole bunch of information. What do you believe the outlook is for BB10? Will it regain market share and lead the pack. It could be an acquisition story as someone does so for their BB10. He wants to see stabilization of their market presence before he would buy.

A one trick pony. Prefers Apple or Samsung. Until earnings rebound and they pay a dividend he would not be interested.