Quote History Quoted:Except what you're saying isn't true.
They settled a suit with Facebook, and struck a deal with Baidu this morning...
View Quote View All Quotes
View All Quotes
Quote History Quoted:Quoted:
People are investing like it is 1999 again. Any tech company in the news they just throw money at it. Take Black Berry for example, they were in the news the other week and the stock goes up 120%. A spokesperson for the company came out and said "We have no idea why the stock price has gone up that. There has been nothing nothing done at the company that would justify it.". The company is telling people they aren't worth that stock price and people are still buying it like crazy.
Except what you're saying isn't true.
They settled a suit with Facebook, and struck a deal with Baidu this morning...
I reported what the company was saying. Everything that happened was already known.
Right now dumb investors see a news report and throw money first and then ask questions later.
Just like with Elon Musk telling people to "use Signal" and a biomedical company named Signal Advance went from $0.30 a share to $70 a share. News reports about the confusion came out and people still rushed to buy at $30, then $18, then $7, and now 20 days the 30 cent stock is still trading over $5.
BlackBerry stock rockets again, as company says it is 'not aware' of reason for recent trading activityMarket Watch
Jan. 25, 2021, 05:30 PM
https://markets.businessinsider.com/news/stocks/blackberry-stock-rockets-again--as-company-says-it-is-not-aware-of-reason-for-recent-trading-activity-9729891The company commented on the recent trading in its stock, at the request of the Investment Industry Regulatory Organization of Canada (IIROC): "The company is not aware of any material, undisclosed corporate developments and has not material change in its business or affairs that has not been publicly disclosed that would account for the recent increase in the market price or trading volume of its common shares."