BlackBerry Z10 Sales: Beware Shorts
The Market Ticker ® - Commentary on The Capital Markets
Posted 2013-02-24 20:58
by Karl Denninger
in Company Specific
BlackBerry Z10 Sales: Beware Shorts
 

Thorsten Heins has sandbagged people a couple of times already, and you ought to know better if you've been shorting the stock of late.

Remember, the claim from a couple of analysts is that "sales are short of their expectations."

Uh.....

There was speculation that the new BlackBerrys were sold out in some stores only because you have kept the offer extremely tight ...

The fact is that we have been surprised by the positive response. We have now increased our production capacity.

How much for?

I will not reveal at the moment. But I can say this much: significant for us and unexpectedly high proportion of BlackBerry 10 devices will be purchased by new customers who previously had iPhones or Android smartphones.

Mr. Sandbag appears to have done it again (exactly how many times do you get "surprised" by this guy before you stop looking at a coy response -- or silence -- as an indication of impending doom?  For me it took exactly once, but I like making, as opposed to losing, money.)

Translation by Google Translate.

Disclosure: Tickerguy is long.

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