A bit of positive news for the Windows Phone...

[MrCartas]

Windows Phone, BlackBerry market share Q3 2013: Windows Phone surges | BGR

 

[gsquared]

I just took a chance and put some money down on BB stock. Even though I don't see them having much of a future it's shockingly undervalued right now. I look for them to exit the handset and tablet business and turn into a software company. Much like Palm did. I don't plan to be in this stock very long. Just long enough to make some profit and get out.

 

[Moiz Mian]

I just took a chance and put some money down on BB stock. Even though I don't see them having much of a future it's shockingly undervalued right now. I look for them to exit the handset and tablet business and turn into a software company. Much like Palm did. I don't plan to be in this stock very long. Just long enough to make some profit and get out.

Interesting, their market cap value is $3.3 billion. That is about half of what Nokia was at their bottom. You don't think anyone will buy them out?

 

[gsquared]

They have already tried to sell themselves twice with no takers. Nobody is interested in buying a 4th place company with not much going for it. Market Cap is not a good way to put valuation on a company. BB currently has 13 billion in assets and no debt. Minus 3.7 billion in total liabilities gives a valuation of approximately 9.5 billion. Divide this by total number of outstanding shares gives a pps of $18.36.

All this stock needs is one piece of good news to be released and it will shoot up.

 

[hopmedic]

I wish you well. I put $50 on WorldCom when it was under a quarter a share, hoping it would come back. Now I'm not claiming to know diddly squat about the stock market, but in my mind, there was a chance I could have become a millionaire. I should have bought 50 lottery tickets.

 

[gsquared]

I don't see BB going under. At least not anytime soon. I do think they will become a very different company however. Its their devices division that is killing them. Just like Nokia they will be much better exiting the handset market.