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BlackBerry Limited Message Board

  • jgiled jgiled Jan 11, 2013 9:49 AM Flag

    Who is keeping the lid on this stock

     

    and why ??

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    • Desperate to keep it under $12...perhaps for valuation purposes in a buyout or partial buyout (partnership) deal. Let's see: since mid-2011 when Microsoft and Nokia looked at a joint bid and when Amazon made offer, much has changed for the better with RIMM,,,New leadership, leaner corporate structure, added $2B in cash to balance sheet, added 9 million subscribers, stock is trading at $12 and not $30-35, BB10 OS and complete line of devices are ready for imminent release and look amazing/revolutionary, etc and so on...

      With recent trading activity, volatility/movement/erratic behavior, fact that they did a firesale on their inhouse cloud storage solution and rushed to settle a Nokia lawsuit...writing is on the wall in my opinion...buyout or partial buyout/merger is coming.

      Maybe we find out Tuesday LIVE from Menlo Park perhaps????

      Sentiment: Strong Buy

 
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7.60-0.02(-0.26%)Jul 29 4:00 PMEDT