They basically are accepting the fact that they won't get more than $9. In other words it's dead money buying at $9. They took the offer 1 day after they announced the Q so what does that tell you about the BBRY potential? Or for that matter how many offers they've had for the company the last 2 years of operation? NO INTEREST!!!
BBRY lost a billion dollars this quarter, plans to layoff 4500 employees and has no plan for the future other than downsizing and trying to maintain a semblance of a presence in the corporate market. If that's not a cause for desperation, what is?
What think about it if Lenovo, Apple, Samsung were kicking their tires this year or for that matter 3 years ago don't you think the CEO would call them up again. And say hey were getting a $9 share per offer are you interested?? It basically says that they are really desperate and jumped at the first offer they took. They have $3 in cash and their cash burn is enormous!!! They have about a years worth of cash left if they don't take the offer!!!