Company
BlackBerry Ltd. engages in the provision of security software and services to enterprises and governments. It offers cybersecurity consulting, enterprise consulting, endpoint management, and unified endpoint security. The company was founded by Michael Lazaridis, James Laurence Balsillie, and Douglas E. Fregin on March 7, 1984 and is headquartered in Waterloo, Canada.
If you are reading this you probably know that BB is one the hot meme stocks. I have been sitting on the sideline and watching these meme stocks go up and down almost every day. I had been trying to ignore them and there was two days that I almost bought into one of them to make a few bucks for day trading. I missed my chance and didn’t want to chase and be a bag holder member.
Last week I day traded BB twice. And was able to exit before it went under $14. Today in one of the forums people were hashtag #BBTo1000. Yes, to $1000 per share. I’m not sure how wide spread this message got to but it’s worth to to keep an eye out for the price and the volume during the pre market tomorrow.
I will grab a few share if it’s under or close to $14 and hope it will land close to $17 for an exit.
Good luck trading.
This morning when I peeked at the stock market and saw red, I decided it’s not a good time to jump onto this stock. I’m glad that I didn’t make a move even the price is at $14. Hopefully tomorrow is a better day for BB.