they got there under 7 bucks..it took a complete coup and shift in company strategy and direction
hw business is gone
And they do
that is should be the follr going forward or Prem doesn't get his shares
Intrinsic value of patents real estate...should put the floor here and move up
Watsa chose not to buy it out..he didn't have to..this was a Heist from the beginning,,he said they had 5 to 6 interest parties..read the statement
This whole think is sick..they killed sales with strategic options #$%$ and then they kill the last day of bidding
they knew it..all the retail longs bailed..institutions now liking the deal in press releases...Globe should hung
Watsa said BlackBerry needs financial flexibility. "We probably could do it, but we decided not to add high yield debt to the company's capital structure," he said.
He said five or six investors had been interested in a buyout.
News was actually good..BV is still 16 ...
Prem bought BOI and it tripled
Looks like we are going up