5 Theories On Why BlackBerry Is Up Today

BlackBerry Ltd BBRY shares are up more than 4 percent on Friday. As of now, no specific news is connected to the mobile communications company, though chatter is buzzing around the Twittersphere.

One user highlights the recent Google Rockstar settlement:

$BBRY Google agrees to settle with BlackBerry-backed Rockstar http://t.co/UCMZjRdd17 $$$$ for Blackberry $$$$

— Antonio Costa (@ACInvestorBlog) November 21, 2014

A couple were pointing to the charts:

$BBRY If it close today above $10.56, I´m a very happy man http://t.co/VBRE0I4e7P

— FonsieTrader (@FonsieTrader) November 21, 2014

$BBRY higher highs and higher lows = stock move higher. Support at $10.40, hope it doesn't turn into resistance pic.twitter.com/7IzG1XTOLm

— Travis Howard (@TravisHoward5) November 21, 2014

A short squeeze theory has been thrown out:

Get the short squeeze started in $BBRY

— Travis Howard (@TravisHoward5) November 21, 2014

And an idea about a big buyer:

@pjagl MS is probably the ones buying $BBRY now that they beat the price down with that BS downgrade.

— BobsBurgers (@Manxbuilder) November 21, 2014

And, yes, even a connection with BlackBerry Ltd and President Obama:

RT @dougmillsnyt: "I forgot my Blackberry" President Obama yells to reporters as he boards Marine One. pic.twitter.com/Fw9TqAf2Ln $BBRY

— Timothy Connolly CFA (@SconsetCapital) November 21, 2014