Anyone trading the stock of BlackBerry (NASDAQ:BBRY), formally known as Research In Motion, knows that this stock has had its ups and downs over the years. Just lately, it seems like it has been one challenge after another for this once high riding company.
One of BlackBerry's big problems was that the company failed to recognize that people who bought smartphones wanted to do more with their phones than 
simply text, receive emails or make phone calls. In other words, they completely missed the app market. These tiny little apps became giant killers and killed off the likes of Nokia and Motorola. Apps are what propelled both Apple and Android to prominence in the last several years. Unfortunately for BlackBerry, they got into the game too late. With only about 100,000 apps, they have only a fraction of what Apple and Android now offer on their smartphones.
I'm going to show you how using one of our simple Trade Triangles could have helped you make money in BlackBerry and helped you avoid disasters like last Friday in this stock.
Our monthly Trade Triangles pretty much nailed BlackBerry at all of its major turning points, as you can see on the chart. Trading is not just about making winning trades, but also protecting your portfolio during dramatic downturns in a market. Our Trade Triangle technology can help you do both. This has been particularly true in stocks like Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), Tesla (NASDAQ:TSLA), Facebook (NASDAQ:FB) and stocks that have seen similar big up and down moves.
You can check out your favorite stocks here and see just how they worked out.
Please leave a comment or your thoughts on the blog, we would love to hear from you.
Adam Hewison
President, INO.com
Co-Creator, MarketClub
Shahbaz,
As always thank you for your feedback. I think you could be very close to the truth as I was it. BlackBerry had a lot of problems before that are well known. When they decided to do the app for the iPhone and Android platform I felt they were giving away the Crown Jewels. It was not a smart move on behalf of their company.
All the best,
Adam Hewison
President of INO.com
Adam,
Thanks for the reply much appreciated.
Best Regards,
Shahbaz
Hi Adam,
I think i just found out the root of the blackberry meltdown in my opinion because blackberry had decided to introduce BBM to Iphone and android devices due to this decision taken by the company all shareholders lost confidence in the company because BBM was the main Marketing value and now it is available to other phones therefore nobody would buy a blackberry anymore because every one knows iphone and android is a better phone with more apps and features so this was the company's biggest mistake.
Do you think this reason is Valid ???
Best Regards,
Shahbaz Shaikh