Sounds good but I've heard this chatter before. Would be good for RIMM shareholders though
Even analysts who are close to FB don't know what is up. Wall Street Journal even claimed Zuckerberg "Dos protest too much" when he blew off rumours about them getting into Mobile/phones....
Who knows...pure speculatiuon at this point.
Sentiment: Strong Buy
Wow what a BS rumor. FB may be to afford Instagram for 1 Billion but with 2-3 B cash reserves it doesn't have enough to pull this off. Nice try tho.
Sentiment: Strong Sell
Cash and stock deal possible, they do happen. Still, I agree, this won;t happen, and I hope the rise wasn't primarily FB based.
20-30% minority investment for 2-3b is easily doable and a win win for both companies.
RIM would be trading $10-$15 HIGHER if there were any wind of that. Not trading at $14-$15.
Don't be silly. Quit the buyout reason. Not the right way to fear the shorts.
beaver...150 million traded mate...???...5 times normal volume....its NOT out of the realms of possibilty..either way ....
No I agree don't get me wrong, I just heard this more than normal today particularly.