Quit Being a BBRY Bagholder

If you are still holding BBRY, you have to get out at this point.

The major support was broken and now new recent lows have been made. They are not all-time lows, but at this point, I'm not sure what is preventing Blackberry (BBRY) from going ahead and hitting that  $1.50 market. 

Nothing and I do mean nothing seems able to pop this stock higher, and quite honestly I don't expect anyone to come to their rescue. I think they want a Lehman Brothers type of deal where any propspective buyer hopes they can get BBRY for pennies on the dollar. 

Here is the BBRY chart




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