I am starting to see a lot of people buy BB because they missed the train to $70 on $AMC. They want to 3-5x their money in a week. The reason why AMC went up significantly in one week is because the conditions were right: we were on the brink of breaking all time highs and massive shorts and puts were loaded on this area. The orderblock was breached with force and all call options expired in the money. No ifs and buts. However, synthetic shares have yet to cover. BB does not have even a fraction of the synthetic shares shorted on it. To be honest, the chart looks like a pump and dump. BB is not in a unique situation. AMC is pretty much the strongest movie theater chain around the world at the moment, and acquisitions will make them even stronger. They are innovating to bring live events to the theatres. GameStop has Ryan Cohen as the savior who IMO will leverage online and digital gaming into the Amazon of gaming. Amazon does well in most arenas - books, TV shows, movies, retail products, but they are non-existent in the gaming world. This is where Gamestop can come in.
BB cannot compete with trillion dollar giants such as Samsung and Apple. It will take them decades to get anywhere even near the level of success of these companies at this point. So what if BB is going to create car software? BMW makes car software. Mercedes make car software. I'm pretty sure you get it at this point. Yes, black berry can have a short squeeze but it won't be as sustainable as AMCs and GMEs. AMC and GME have broken past their all time highs and are currently in price discovery. More shares are continue to short these two companies, and none of them have covered. For BB to get back to its all time highs, it would have to trade at $150. If you want to see big numbers, like how you will see AMC and GME, you will need to break these highs. It's a very big up hill battle. You would be way better served buying AMC and GME, if you like meme stocks.
Wallstreetbets has been infiltrated by the enemy and they are now creating new distractions to hamper the MOASS of AMC and GME. If you want to make big money, move your BB winnings to AMC and GME, the blue chips of "meme stocks". We are not nowhere near being done.
BB cannot compete with trillion dollar giants such as Samsung and Apple. It will take them decades to get anywhere even near the level of success of these companies at this point. So what if BB is going to create car software? BMW makes car software. Mercedes make car software. I'm pretty sure you get it at this point. Yes, black berry can have a short squeeze but it won't be as sustainable as AMCs and GMEs. AMC and GME have broken past their all time highs and are currently in price discovery. More shares are continue to short these two companies, and none of them have covered. For BB to get back to its all time highs, it would have to trade at $150. If you want to see big numbers, like how you will see AMC and GME, you will need to break these highs. It's a very big up hill battle. You would be way better served buying AMC and GME, if you like meme stocks.
Wallstreetbets has been infiltrated by the enemy and they are now creating new distractions to hamper the MOASS of AMC and GME. If you want to make big money, move your BB winnings to AMC and GME, the blue chips of "meme stocks". We are not nowhere near being done.