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Algokid
Feb 20, 2014 4:33 AM

Time to show some Love to BBRY  Long

Description

Congratulation Mr. Zuckerberg on your acquisition of Whatsapp. Close to 90% of social media traffic now goes through your "government" backed company (FB, Instagram, Whatsapp,etc) , you are an evil genius. Anyway that 's beside the point. BBRY was up close to 9 % after hours. why ? well it seem messaging apps like whatsapp are actually valuable to a company.

Whatsapp has 450 million users , and based on FB valuation, this translate to approx. $43/ user. BBRY has 80 millions active users on BBM. However Wall St analyst put the valuation at about 3/user. Were they wrong ? Well based on the price action after hours , maybe they were. This should be very interesting for BBRY. Expect a lot of action on this stock this year.

Cheers

Algo
Comments
metalhe4der
Hmm..I understand the point you're making, but wouldn't it be overestimating BBM's potential solely on comparison of WhatsApp (a firm, focused and built on messaging) vs BBRY (firm with hardware/software assets)?

Plus, last I remember, BBRY was looking to drop BBM as a revenue source or something of the like (correct me if I'm wrong, haven't dug into BBRY since BB10 launch).
Algokid
Good Point . I'm saying that BBM valuation should be as high as Whatsapp, just pointing that BBM maybe more worth more than $240 millions . I don't read much on BBRY either , but if you are right about BBRY getting rid of BBM ,they could ask for more money now.
Algokid
.......I'm not saying.......*
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