Citron Research on Blackberry
There is not better investment opportunity than when the short thesis is ALL WRONG. Trust us, we have been on the wrong side of those trades. With that Citron Research brings to you an investment opportunity where that is the case. Blackberry (BBRY)- it is not the company you think it is. For a detailed analysis on why this stock can double in the short term go to www.citronresearch.com Cautious Investing To All.
As a short seller, nothing creates a better investment opportunity than a heavily shorted stock based on a flawed thesis. This creates unique trading opportunities that are relatively infrequent. Citron thinks this unique circumstance now applies to Blackberry [formerly Research in Motion: NASDAQ:BBRY) ].
Blackberry was such a ubiquitous handset brand just a few years ago, and fell off the radar so brutally, that short sellers have failed to realize that its identity no longer defines the company. Also, when seeking short sale opportunities, we always look for “bad” or “misguided” management. If that is still your thesis with Blackberry, we suggest it is time to exit.
Gates Capital Management's Excess Cash Flow (ECF) Value Funds have returned 14.5% net over the past 25 years, and in 2021, the fund manager continued to outperform. Due to an "absence of large mistakes" during the year, coupled with an "attractive environment for corporate events," the group's flagship ECF Value Fund, L.P returned 32.7% last Read More
Let’s start here: Blackberry completely blew a market leadership position, which it will never recover. They lost their dominant handset business, and had their lunch eaten by Apple and Google. That was then. Get over it.
The New Bbry Final Blackberry