IHateMyJob2004
Lifer
- Sep 29, 2004
- 18,656
- 67
- 91
nope, no it isn't
more like bberry could find a way to convert lead to gold and still screw it up somehow.
What part of BB10 phones and/or BBM in your personal experience are lacking?
nope, no it isn't
more like bberry could find a way to convert lead to gold and still screw it up somehow.
What part of BB10 phones and/or BBM in your personal experience are lacking?
So here's the big news we were waiting for today:
http://www.marketwired.com/press-re...l-other-institutional-nasdaq-bbry-1847833.htm
Fairfax (Prem Watsa et al) invests $1bn in blackberry. New interim CEO John Chen will replace Thorsten Heins.
Hopefully they can set a new direction and keep the company around in some form.
BlackBerry is a publicly traded company whose shareholders demand growth. BlackBerry is not growing, and barring some market-changing technology that they haven't revealed yet (and which probably don't exist, given the fact that BlackBerry's board has thrown a "For Sale" sign on the company), they have no hope of growing for the foreseeable future. BlackBerry is on life support, and their shareholders are getting ready to pull the plug. If BlackBerry's next earnings report are as bad as last quarter's was, Thorsten Heins will be fired and the board will hire a new CEO whose task is to prepare the company for a sale.
Feel free to quote this post.
Yea they could not get any real buyers. Most are just waiting for them to die so they can pick at the pieces at auction now.
I would think them integrating their BB software into a custom android build could work but I think they are to far gone to make it out now.
Actually. No. There is almost no reason to think that Farifax is not going to go through with the $9 deal. Prem Watsa has come out publicly stating that they do not make offers without the expectation to follow through.
BBRY is as low as it is going to go. The reason is not at $8 is a compination of small risk and the time value of money. Shorts should be exiting now but i havn't looked at short interest lately.
Neither of those things will happen because the company has now essentially taken the "For Sale" sign down.More importantly, do the events of today mean:
1. Fairfax gets its $400 million?
2. Thorstein gets his $50 million?
So here's the big news we were waiting for today:
http://www.marketwired.com/press-re...l-other-institutional-nasdaq-bbry-1847833.htm
Fairfax (Prem Watsa et al) invests $1bn in blackberry. New interim CEO John Chen will replace Thorsten Heins.
Hopefully they can set a new direction and keep the company around in some form.
Called it :whiste:
$6.80 off nearly a dollar on the news
Shareholders being diluted 19%. Stock down about .... 19%.
This was unexpected.
Blackberry still has enough lemons to make lemonade, but it needs to ditch the hardware business anchor ASAP and get into a lean fighting form. As a pure software, services, and IP licensing company, their cash horde would last them a long time, so they can refocus and figure out how to monetize their assets. They can't afford any more hardware gambles. They can license their brand to an Android manufacturer, but should not build hardware themselves.
Blackberry still has enough lemons to make lemonade, but it needs to ditch the hardware business anchor ASAP and get into a lean fighting form. As a pure software, services, and IP licensing company, their cash horde would last them a long time, so they can refocus and figure out how to monetize their assets. They can't afford any more hardware gambles. They can license their brand to an Android manufacturer, but should not build hardware themselves.
Shareholders being diluted 19%. Stock down about .... 19%.
This was unexpected.
The HTC One running BB10 would be pretty awesome.