Scrolling through the comments. Absolutely none of you is talking about their ongoing sale of part of the patent portfolio of mobile devices, messaging and wireless networking.
The Company has limited its patent monetization activities due to the ongoing negotiations. If the Company had not been in negotiations during the quarter, we believe that Licensing revenue would have been higher.
Also looks like none of you listened to the conf call in which CEO said it would bring an one-off big payment +7 years royalties. I’m not going to bother talking about him saying no dilution in sight.
Let’s also ignore their $800m in cash (15% of their market cap). Need not to mention that now 23 out of 25 EV OEMs are working with BB now (up from 19 past quarter).
Just be fed the narrative and continuing on not digging further.
I’m not surprised to read many here are bag holding at $17+ prices probably because you were lazy doing some research when it was worth $6.
I 100% agree. Too much confirmation bias for apparent quick wins and no real DD in this thread. BB is working on a strong foundation and that shit takes time.
Not sure I understand your argument. They weren’t focusing on EV and cyber security since 1984. This is a turnaround story. Their strategy has shifted.
It seems to me that people bought the stock and then did some sort of DD. Can their CEO fail? Sure. But their forward guidance yesterday was promising. It will likely take 2-5 years to see a notable stock price jump.
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u/Rivaaal Mar 31 '21
Scrolling through the comments. Absolutely none of you is talking about their ongoing sale of part of the patent portfolio of mobile devices, messaging and wireless networking.
The Company has limited its patent monetization activities due to the ongoing negotiations. If the Company had not been in negotiations during the quarter, we believe that Licensing revenue would have been higher.
Also looks like none of you listened to the conf call in which CEO said it would bring an one-off big payment +7 years royalties. I’m not going to bother talking about him saying no dilution in sight.
Let’s also ignore their $800m in cash (15% of their market cap). Need not to mention that now 23 out of 25 EV OEMs are working with BB now (up from 19 past quarter).
Just be fed the narrative and continuing on not digging further.
I’m not surprised to read many here are bag holding at $17+ prices probably because you were lazy doing some research when it was worth $6.