$BB Bears Are About to Learn What QNX Is
$BB
AI SUMMARY — Investor heavily positioned in BB call options betting that BlackBerry's transition to QNX, cybersecurity, government contracts, and AI software will drive the stock to $20+. Key risks include options expiration (July 2024), execution on enterprise contracts, market adoption of QNX, and competition in cybersecurity/embedded software sectors.
| TICKER | BB |
USER | u/zbb_93 |
| RATING |
BULLISH |
ENTRY |
$11.41
|
| POSITION |
120 contracts (12000 sh eq)
|
BOOK VAL |
$136920.00 |
| CURRENT |
$12.94 |
P&L % |
+13.39%
|
| CURR VAL |
$155256.00 |
P&L $ |
+18336.00
|
Started buying before the crowd.
Now sitting at +$3,472 (+46.34%) with $10,965 in BB calls.
Current positions:
30x $10C 7/2
35x $12C 7/2
35x $12C 7/17
20x $13C 7/17
Everyone laughed when I said BlackBerry wasn’t a phone company anymore.
QNX. Cybersecurity. Government contracts. AI. Embedded software.
The story is finally catching up to the price.
I’m still holding.
BB to $20+ or I’ll see you behind Wendy’s. 🚀