When I bought BB, I was convinced I was getting the deal of the century, seriously. I mean, here's a company with unrivaled chops in securing mobile endpoints (phones, cars, etc.) in a world where mobile endpoints are mushrooming.
BB fell.
When BB bought Cylance, a fast-growing AI cybersecurity company, I was certain, certain, I tell you, BB would soar.
BB fell.
Finally, BB announced a truly plump quarter and the stock jumped about 13%. Here are the specifics:
BlackBerry reported earnings of 11 cents per share, 5 cents ahead of analysts' expectations. Revenue of $257 million topped estimates by more than $14 million (a beat by 5.75%) and grew 7.5% year over year.
Whew. And then...
BB fell.
No idea what's going on here, but I'm not about to squish my BB shares. In fact, within 5 years, I predict -- based on nothing but gut -- BB will be trading in the $30's!
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