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TheStreet Open House

Traders Bet Big on BlackBerry:

Stocks in this article: BBRY GOOG AAPL MSFT FB

Of course, the simple calculation doesn't include WhatsApp's growth. WhatsApp is adding users at the rate of a million per day, faster than BlackBerry.

Other traders see positives in BlackBerry's security platform. Just yesterday, the National Institute of Standards and Technology approved BlackBerry's BES10 secure mobile workspace for use by the U.S. and Canadian governments.

$BBRY he's doing what tech companies do, giving away BES10 to new customers to grow user base. Then charge for upgrades to BES12. Whatsapp. -- Duke Duke (@duke2duke) Mar. 28 at 08:51 AM

$BBRY Nobody can touch us from a mobile enterprise solutions or come close -- leadbelly (@leadbelly) Mar. 28 at 08:44 AM

Still, the company has work to do. Lower costs are only half of the equation. Chen must prove that BlackBerry's brand can survive competition with Google  (GOOG) Droid phones, Apple iPhones (AAPL) and Microsoft (MSFT) Windows devices.

Cashtaggers say give him time.

$BBRY Chen brought on board 4 and a half months ago. Give him some time to get this turned around. Do not bet on ER... -- Syntec Ventures (@SyntecVentures) Mar. 28 at 08:51 AM

At the time of publication, the author held no positions in any of the stocks mentioned.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

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