Blackberry shows new found strength today with a stock price that is up over 10%.  The shorts are covering and people are now finding out about this new rag-tag management team at Blackberry.

The CEO John Chan is giving his earnings report and it appears he isn’t the greatest of speakers.  That should not be an issue for a guy that has turned multiple companies from bankruptcy to success.  He is going to utilize Foxconn to help on the retail business.  This is definitely a smart move as they compete with the iPhone and Android devices and they should be focusing on the bread and butter enterprise product.

For the long term investor, I believe this is a great stock to pick up.  Of course, it will be rather volatile so you might be able to get a better entry.  Remember Blackberry still has tons of cash and zero debt.