i don't believe fairfax gets anything but they may have pay bbry a $15m no deal fee or bbry pays them $15m if theres a higher bid thats accepted. $15m next to $4.7b is a very small price to pay to back out of this deal. fairfax may not have to pay bbry anything - haven't heard for certain. i do know the higher bid part is $15m however.
yes and the thought that fairfax will break up bbry and get roughly $14 a share for it is a joke. why wouldn't bbry do it? bbry mgt shopped the the company and the parts and theres no buyer for any of it.
everybody knows bbry was heading to a $1 a share if this fairfax bid hadn't come in. if your short bbry don't cover, the fat lady hasn't sung yet.
price 3) tries to create a demand in the market for a competitive bid (lol such a lame attempt) 4) fairfax has given itself many outs of this deal. the main one is 2 weeks to get "acceptable" financing to do the deal. ask yourself this: if YOU had $4.7b would you sink it in bbry?
right. something bbry mgt would never think of or let alone doing. it has to be someone else to break it up and sell it. bbry mgt are stupid and incompetent but even they must have considered a break and sale.
agree. the opportunities, even in this overvalued market, are far superior to dumping money in this rat hole. i don't believe this offer is real. its a desperate action to pump up the price and put a floor on it.
you'll be sorry if you buy here
i've never seen a more manipulated stock price than bbry by a mgt and board. you take on more than market risk with bbry.. bbry should be announcing another possible (?) take over offer shortly to bump the stock price again, and again and again. i can't believe the number of suckers falling for this #$%$.
no big deal they'll make it up on volumn
the creeps at Yahoo have a wicked sense of humor. i typed infested and they changed it to invested. lol
oh sorry, thats just the maggot invested rotting corpse of bbry stinking up the mobile space - for now
didn't they write a song about this
i think the market has finally had it with the bbry manipulation attempts at boosting its stock price.
thats exactly what the U.S. needs i.e. elect the folks to turn back the clock and get this country off its no growth, stagnated #$%$ .
for potash is $280 290. brings mos share price down to $20 in 2014. there is no regroup of the russian cartel. that's the hedge funds trying to back out of there trades before the prices collapse.
interested in entering if it breaks up to 20+ again. looks like it needs a really strong push beyond the 200 ema breaking the 50 ema