Thursday, April 11, 2013

Blackberry Z10 Phone Returns Outnumber Sales

What happened to the Blackberry Z10?

Blackberry Z10 on left and the Q10 on the right

Problems for BBRY only beginning

Research in Motion's new Blackberry Z10 phone is meeting the market with extreme difficulty as the product is being returned by the majority of consumers.  This is according to the Wall Street Journal:

Some analysts say a major short interest is now sweeping over the stock and concerns of capitulation are growing.

Is there a false news story on BBRY?

NEWS UPDATE:  Concerns rising about the accuracy of the Wall Street Report above.  Investors are waiting for official confirmation however some sort of new manipulation may be in progress here:
http://seekingalpha.com/article/1335491-blackberry-how-can-returns-possibly-exceed-sales?source=yahoo 

Watch the BBRY stock get pounded below:
...developing...