Is Now The Time To Go Long BlackBerry?

After having pre-announced dismal second quarter 2014 results,BlackBerry (BBRY) said it reached a preliminary deal to take the company private for $4.7 billion in cash ($9 per share). The company is indeed in terrible conditions.

Second quarter 2014 sales were projected at just $1.6 billion, roughly half consensus of $3.1 billion. Volumes came down by 45% quarter over quarter (qoq) and BB10 hasn’t built any momentum yet. That said, there is a fair price for every asset and somebody has finally made a bid for the entire enterprise.

Should you go long BlackBerry now?

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— Guru Focus

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