run this Shcock Exchange blabbering disinformation on a daily basis. It seems to be a shorting syndicate that basically colludes to manipulate prices. I think this guy was selling MNKD at $1.80 also.
So, It was all a big lie, perpetrated by Watsa to manipulate the stock price. That inspires a lot of confidence. It appeared to me that the way the deal was structured, if BBRY fails, stockholders get nothing but Watsa gets to extract any value that is left with the company. Kind of a win-win for him. In the meantime, the manipulators can do anything they want with the price, so good luck. It's all abouth timing the corruption.
Remember, that Watsa couldn't get financing for a buy-out at $9. Now, these scammers can't throw enough money at it? Better stick to something safe like bitcoin.
What will The Fiscal Crimes report next? Oh yeah, they misread the release. Who believes that? Not a fat finger but a fat head.
The Fiscal Times is certainly a trustworthy source. Ha Ha ha!
Which of the following is true?
1. Watsa buyout at $9
2. Couldn't get financing
3. Pentagon order for 80,000 Blackberrys
4. Short blog upgrade
5. Chen is the second coming of Jobs
5. Retailers being played for fools.
How can Watsa and Fairfax have any credibility now. They pull their $9 per share offer, due to lack of financing? Since when are they sub-prime borrowers? Then Watsa even admits they "probably could have gotten the deal done". The question is why didn't they? Did they make a deal with the short hedges so that they could cover and go long? Who the hell calls Watsa the Canadian Buffet. It's more like the Canadian Madoff. Plus you have a notorious short blog putting a $15 Price target on them (what more evidence is needed?)
As Cramer once said that Palm is a winner in the internet Tsunami. Then months later said that he was glad he told everyone to get out.
I wonder if Cramer is cutting his deal to talk it up this week. What day will it be Tuesday or Wednesday. Maybe Thursday. He'll upgrade it to Buy buy buy at 13 and then during the summer when it drops to 6 again, tell you he's glad he told you to sell. This smells a lot like Palm all over again.