BBRY Q4 results are :
Sales actual $976 Million expectations $1.1 Billion
EPS actual loss of 8 cents expectations loss of 57 cents
Gross margin 43% vs 34% in Q3
Channel inventory down 30% from Q3
Reduced Operating expenses by 51%
Cash @ end of Q4 $2.7 Billion
Outlook break even by end of this year.
Stock in pre market Bid $9.67 Ask $9.68, closed @ $9.05
BLOG does NOT give buy or sell.
Saleem
Hi Stocktrader,
ReplyDeleteAdded 30% EGO @ $5.73.
Saleem
Hey Saleem,
ReplyDeleteNice move on BBRY. I was skeptical but you nailed it!
I read this morning that the ECB might look to get more aggressive against deflationary effects. That would certainly help gold, and I agree with your comment yesterday about retail demand from China and India and others.
Sold MOS @ 48.85 and bought WUBA @ 38.777.
As you know, I've been tracking WUBA for a while, and I felt this was the right chance after the secondary finally priced at $38.00 and the stock started under but rallied above on great volume. I sold MOS because I already have AGU and the chart was congested. I still like the fertilizer story a lot though, so I might try and adjust further to re-enter MOS.
Stocktrader
Hi Stocktrader,
ReplyDeleteThanks for your comment on BBRY.
Good move on MOS.....which i have been watching....
WUBA is a good one.....i may try that when i have funds available.
Saleem
Hi Stocktrader,
ReplyDeleteSold BBRY @ $8.94
Bought WUBA @ $42.01
Saleem
Hey Saleem,
ReplyDeleteGood luck with the switch. Things have really changed on some stocks since open.
Stocktrader
Hi Stocktrader,
ReplyDeleteSold KOG @ $12.07
Saleem
Hi Stocktrader,
ReplyDeleteAdded 120% WUBA @ $40.79
Saleem