Blackberry $BBRY to Thumb Noses at Shorts Once Again on $VMW Purchase
Almost a third of Blackberry’s shares outstanding are sold short — that is — being used to bet against the company.
Jan. 22 at 7:17 AM
AirWatch has 10,000 customers, but posted just $125 mln to $150 mln in revenue last year, estimates ISI’s Brian Marshall, leading cashtaggers to the enterprise elephant in the room: Blackberry.
Jan. 22 at 7:19 AM
$BBRY is up 33 percent already this year as investors bet new CEO John Chen will sell many of its assets to unlock value. The company decided to sell most if its Canadian real estate this week.
$VMW, one of the biggest cloud plays out there through its groundbreaking virtualization software, also announced it’s fourth-quarter revenue came in better than expected. This and the acquisition had those shares hopping as well.
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