BlackBerry: Why The Rally Will Continue [Seeking Alpha]
BLACKBERRY LTD COMMON (BBRY)
US:NASDAQ Investor Relations:
us.blackberry.com/company/investors
Company Research
Source: Seeking Alpha
Summary BlackBerry ( BBRY ) has solidified a strong base for its turnaround narrative. After the cash payment received from Qualcomm ( QCOM ), equity investors have found a cushion to extend more bullish bets as the case to lower risk premiums becomes more convincing. This is a classic prisoner's dilemma with the option to extend more capital needed to invest in ROIC-improving projects, the more attractive of the available dilemmas for equity investors. Before diving deeper, it will be interesting to know that the tech sector which BlackBerry falls under has been a favorite investment haven for equity investors in 2017. The chart above details the recent inflows by hedge funds as highlighted by Bloomberg . It appears that these hedge funds were late to the rally which started in the beginning of the year with tech giants like Facebook ( FB ) and Apple (NASDAQ: AAPL ) leading the pack as the most sought after long ideas. These inflows also h
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