Brian Shannon on $BB (Oct 27, 2026)
BB is likely to rise to 10:30 to 11, though that is not a price target; the speaker is in, bought back yesterday and holds three-quarters of the position, citing recovery above the anchor from a peak and 40 million shares short (about 7%).
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I mentioned a few weeks ago and I just bought it back yesterday, the pride of Canada or the former pride, maybe it's coming back , is BlackBerry. And I'm in BlackBerry. I have a short position of about 7%.
There's 40 million shares short and it's come back above the anchor from this peak.
It looks to me like it's probably going to go, again , it's not a price target, but this previous small peak, which was a bit of support before it completely broke down. So, I think it's likely to go to 10:30 to 11 at this point.
So, I have 3/4 of that position left and I'm going to hold it .
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Brian Shannon has 2 calls on this stock; only the adjacent ones are shown.