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Investors love their BlackBerry (stock)

March 11, 2013: 12:13 PM ET

BlackBerry's stock is rallying ahead of the U.S. release of the Z10

There's a lot riding on BlackBerry's new smartphone, which is about to hit the U.S.

So far, investors seem to be in the smartphone makers corner.

Shares of BlackBerry (BBRY) rallied nearly 11% Monday.

"I'm not dead yet!" could be BlackBerry's mantra, to quote Monty Python. After multiple misses and few hits, the Canadian smartphone maker seems to be on the right path.

The Z10, which features an all-touch keyboard, will make its U.S. debut later this month. AT&T (T) will start taking pre-orders on Tuesday.

By all accounts, it's what BlackBerry, formerly known as Research in Motion, should have been making all along... an innovative, modern smartphone

Related: 8 BlackBerry 10 features worth checking out

Also propelling BlackBerry's stock higher Monday was renewed chatter of a possible suitor. But chatter is just that, chatter. Until there's a definitive agreement, I would be cautious in how much stock (pun intended) I put in that.

Regardless, all of that has given StockTwits traders plenty to chew on.

AT&T To Launch BlackBerry Z10 March 22 For $199.99, Pre-Sales Begin tomorrow $BBRY $BB.CA

That's just about the right price point and if all the reviews are to be believed, the Z10 may be able to give Google (GOOG) and Apple (AAPL) a run for their money.

$BBRY $BB.CA Thorsten Heins announces cheaper Blackberry models. Bullish

Even better news for BlackBerry lovers. Who doesn't like a bargain?

$BBRY Crammer on the BBRY bashing this AM, predicting or re-hashing some news that BBRY sales much lower ! It never ends

Looks like investors are ignoring him for now. When worries about Apple's iPhone 5 sales hit the airwaves, Apple's stock came under fire, but BlackBerry's stock is on a tear .... at least today.

ThinkBerry? $BBRY up 3%. Heavy volume. @Briefingcom cites Lenovo takeover rumor making rounds again. $LNVGY down 3%. Hmm.

Ahh, yes, lest we forget the rumor mill. It doesn't take much to pique investor interest.

$BBRY why would Lenovo buy RIM now? For what purpose? Maybe Microsoft however they have their own OS that they've invested heavily in. Bearish

$BBRY Will Microsoft Fire Ballmer When Blackberry Crushes Windows? Bullish

Tomato, tomatoh is what I say. Why would Lenovo buy RIM, or BlackBerry as it's now known? Why does anyone buy anything? If they see a value or way to become more competitive, why not? Although a fair point by MJ23 on Microsoft (MSFT). That could make more sense but once, again, all of this is just talk and speculation.

I'll just reiterate my previous point that, until there's an agreement, talk is just talk. But BlackBerry's comeback is something to watch. It wasn't too long ago that many thought the smartphone maker wouldn't be able to pull itself out of its rut.

But that's the thing... when the going gets tough, the tough get going.

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Catherine Tymkiw
Catherine Tymkiw
News Editor CNNMoney

Catherine Tymkiw is a news editor at CNNMoney where she helps oversee breaking news coverage and futures planning. Previously, she was the investing editor. Prior to joining CNNMoney, she was the online editor at Crain's New York Business and has nearly two decades of reporting and editing experience. She tweets @ctymkiwcnn

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