iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,443 Blog Posts

The Takeaway From the What’s App Deal

Everything is a buy. Text messaging is a $19 billion proposition. Therefore, as logic dictates, BBRY is undervalued! I believe one is able to send text messages via antiquated Black’d Berried device. Also, one might do the same with AOL “instant messenger.”

Last I checked, there was a rudimentary form of communication taking place on the “Yelp” mobile app, where users would leave commentary regarding their favorite pizza parlours. Surely, that too should be worth $20 billion, or 5x what it’s trading for now.

Forget about the “old economy” names. We are into making “bold” moves, made by even bolder men of industry. Throw away your chocolate bars and bowls of Campbell’s soup and embrace the idea that Angie from Angie’s list is your new role model. Buy her shares and toss away your Ralph Lauren wares.

Need I remind you, old chap, that you are reading this commentary from the luxury of the internets, whether it be via desktop platform or even one of two of our mobile apps? What would a person, such as yourself, fancy our app is worth? We have a large community of rich investors, worldwide, perusing our domain, in search, desperate almost, for stock advice. They travel from very far to beg The Option Addict for “new picks” like crack fiends seeking a fix–almost to the point of offering blow jobs in exchange for an idea. Surely, such a place of industry is worth at least a few hundred million, a mere pittance for bold men like Mark Zuckerberg.

If you enjoy the content at iBankCoin, please follow us on Twitter

23 comments

  1. mickeyrobbie

    If each Whatsapp user is worth $50, what could one value each retard of the internet that loiters around this place?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. jules

    I’m only interested in BBRY because of there QNX in car automotive technology. But if there market cap is $5B and are trading at half book and less than 2X cash what is the company really worth when FB dished out 19B for a messenger APP. Even though only 80M people use BBM it should be worth something.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. matt_bear

    it’s only $4B for cash though. $12B in FB stock. $3B extra if the execs stay for 4 years.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • hattery

      If that’s true, and they did make a bad decision, they sold their stock high, and depending on the tax code and the quality of their tax lawyers and CPA, can still deduct it based upon the $19B cost basis.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  4. clegger_2000

    “olde” chap…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. matt_bear

    with regards to the Option Addict’s value…i called my insurance guy to try and get a $1m life policy on OA.

    trying to insure some random stranger from the internet was met with much skepticism though.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. eazykid

    It makes you sick, I can tell. It’s okay. Fly, accept it, someone will always be bigger, faster, stronger. Chasing after the wind is meaningless.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. sk

    I think a Fly book tour is in order in the future, which should up iBC’s value by a couple billion Facebook dollars.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. fook

    This comment I’m writing is now valued at $50,000.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. greencandle

    I’m going to invest my entire net worth into the candy crush IPO

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. goose20

    Fly…take a good look at SWIR and tell us what you think? They control 35% of M2M market and have over 300 patents and are a pure play in this sector. Thank you for your consideration!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Raul3

    I just came to the internet, read this, went to the market, bought BBRY. It’s that simple, thanks Fly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. mickeyrobbie

    If Farcebook values each Whatsapp user at $50, doesn’t this imply each Farcebook user’s value just shot higher?

    Thus, Farcebook’s market cap should be revised upwards since right now the value of a Farcebook user is a paltry $100.

    Brilliant purchase, I say.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. heckler

    Several businesses around the world use WhatsApp for messaging…browse via Instagram (look at the products), arrange to buy via WhatsApp. Very low cost, more flexible than SMS, cross-platform, no giant social network appendage to deal with (e.g. Facebook/Twitter), and it’s not email. And WhatsApp (and Instagram) being used for financial/business transactions. Services teens use for social grooming are certainly interesting and important, but when you’ve got something being used in all sorts of places all over the world as a social tool *and* a marketplace, you’ve got yourself a platform and that is potentially very valuable.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. hattery

    When does ibankcoin IPO and how do I get in the pre ipo price?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. Jolly

    +1

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. budh

    Mr. Z is a multi-billionaire who can do whatever he wants with shareholder money.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. jdf

    I bought BB at just over $6. I am quite pleased. FYI, the phone does more than the iToys and is far more secure.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. real jesse livermore
    real jesse livermore

    been long and strong $BBRY calls since 12/31. will add on a confirmed break of the 200 day (currently 9.66). then its off to the races. BBRY sets up as this year’s HPQ or BBY (see late 2012-1013 charts for those co’s) – Real Jesse Livermore @The_BoyPlunger

    • 0
    • 0
    • 0 Deem this to be "Fake News"