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BlackBerry Limited Message Board

  • insider_expert insider_expert Jan 24, 2013 5:38 PM Flag

    HOGWASH %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%

    The rumor of a possible buyout is a complete hogwash. All indications including the way it was announced (allowing the pps to go up), the Canadian governments position on this issue, and even David Fabre's take indicates that this was just a calculated move to stop the slide. And if anyone was serious why wouldn't they make an offer 3 months ago when shares were at 6 bucks?

    (even if there were an offer, which 100% there won't be one, nobody is going to pay triple the price that they could have paid only 3 months ago).

    This stock is up over 300% in 3 months because of???? /New phone you say? Who said the new phone would be hot? Did you not see Nokia's nearly 9% drop today based on an earning that was based on their NEW phone?

    RIMM is a prime example of buy the rumor sell the news. Expect a correction back to single digits within 30 days.

    Sentiment: Strong Sell

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