BlackBerry Limited (BlackBerry) is a provider of mobile communications and services. The Company is engaged primarily in the provision of the BlackBerry wireless solution, consisting of smartphones, service and software. The Company’s four areas of business are Devices business, Enterprise Services, BlackBerry Technology Solutions (BTS) business and Messaging. The Company’s Devices business is focused on delivering smartphone products.

I Know First wrote an Article about BlackBerry on Sept 10th 2015. The article argued that the company’s stock was Bullish in the long term mainly because Blackberry is expanding their mobile phone security to non-Blackberry devices via their acquisition of Good Technology. Since that time, the stock price has increased since this forecast the stock price has increased 6%.

Once the hottest tech stock and one of the most profitable companies in the trade, the Canadian phone a company BlackBerry Limited (NASDAQ:BBRY) began the downslide five years ago when Apple’s iPhone took over the market. The good news is that the worst is finally over now. BBRY stock is making a comeback on some great news and I strongly believe the rally is in for good.

BlackBerry’s latest phone, the BlackBerry “Priv,” looks like it has been sold out in big retailers. Wal-Mart (WMT) and Best Buy (BBY) are reporting the device to be out of stock on their web sites. Earlier last month, Amazon.com reported the device to be out of stock within hours of its release. The do not have a lot of inventory becuase they did better than expected.

After the departure of its founders and CEOs who where partially responsible in taking down the company. Now the company has been working hard on a turnaround under its new CEO, John Chen. From renaming to rebranding itself, the company has come a long way in the last five years.

(Click on image to enlarge)

(I Know First Forecast from 3rd September ’15)