BlackBerry Limited
Thesis
After initially being short on BlackBerry, we reversed our position and went long due to the impressive turnaround strategy presented by CEO John Chen, which we believed would gain investor confidence despite the company's challenges.
Did it work?
inconclusive
confidence: low
The pitch is a long based on a turnaround thesis under CEO John Chen gaining investor confidence, but no price performance and no time elapsed are provided, so there is no way to verify whether the stock re-rated or the turnaround gained traction. Without knowing when the pitch was made or how the shares performed, the thesis dynamics cannot be confirmed or invalidated.