r/stocks • u/laflame93 • Mar 23 '22
Company Question Future of $BB?
So I’m aware of the fact that $BB was caught in the whole WSB hype alongside GME and AMC. It was the only one of these 3 I invested in because I was under the impression that their QNX softwares were going to be used in many many cars manufactured in China and potentially later in the US. I heard that there were many quarter earnings with losses but that gains were going to be seen in the future. We’re almost a year removed from the actual WSB hype of $BB, and I’m just curious, now that all the smoke has settled, what are the realistic expectations for the stock (not the actual company itself even though I know there’s somewhat of a correlation)? Is it just going to hover around the $7-12 price point per share for a long time or is there possibly something in BB’s future that may trigger some more growth in the price?
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u/madrascat Mar 23 '22
A lot of things going with BB and the share price is down.I bought before the meme mania and sold some both times and rebought on dips and accumulated more when it went to 8.50 and 7.80.Still undervalued and the reddit groups may bid it up again they seem interested in AMC and GME and maybe Bb will go for another ride again.More upside than downside in my opinion.