BlackBerry Forums Support Community - View Single Post - BlackBerry reports $4.4 Billion lost in 3rd Quarter

rambo47 · 12-20-2013, 10:31 AM

The street seems to be showing Chen much respect. After getting thumped early this morning (Friday, 12/20) the stock has rebounded and is showing a nice gain. Strictly from a finance side, this is very encouraging for the stock, and by proxy, the company. Chen asked for "a couple quarters" to get a handle on their strategies and see how things shake out. With a $4.4 Billion loss this quarter I'm not sure he has that long, but Wall Street seems to be giving him a vote of confidence by overlooking these bottom line results.

12-20-2013, 10:31 AM	#5
rambo47 Latino Hasta La Muerte Join Date: Jan 2005 Location: Denville, NJ. Model: 9370 Carrier: Verizon Posts: 9,063	Re: BlackBerry reports $4.4 Billion lost in 3rd Quarter The street seems to be showing Chen much respect. After getting thumped early this morning (Friday, 12/20) the stock has rebounded and is showing a nice gain. Strictly from a finance side, this is very encouraging for the stock, and by proxy, the company. Chen asked for "a couple quarters" to get a handle on their strategies and see how things shake out. With a $4.4 Billion loss this quarter I'm not sure he has that long, but Wall Street seems to be giving him a vote of confidence by overlooking these bottom line results.
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