[lift]

Stock today taking a beating. Glad there will be no takeover but still sad to see the stock plunge.
Link to the story: BlackBerry stock jumps 29% on report of Samsung approach

[Bla1ze]

Did anyone expect it to stay at that price when it was only there based on rumor? Not sure 'tanking' is the right word. More like going back to where it was.

[lift]

When I did a Google search about the rumored takeover the first news story was the one I linked to. The headline said "plunged". Maybe I should change the title of the thread? Also, Bla1ze, you are correct. The stock is just returning to it's pre-rumor levels but the media is making it look like BlackBerry is all over unless someone buys them out.

[laserx]

The Shorts must have been $&*#! in their shorts thinking about having to cover at over $13.00. Hope they now find BB to be to risky for shorting and move on to harass some other poor company.

[conite]

So by "tank", you mean "slightly above where it started yesterday"?

Z30STA100-5/10.3.1.1949

[cbvinh]

It's stupid how analysts are attributing the price drop "this morning" to the market not believing that Samsung sees any value in buying BlackBerry for patents. Um, maybe, the original price jump was because the rumored buyout price was $13-$16? And maybe the official denial from BlackBerry /last night/ put the buyout rumor to rest? The stock already went back down in overnight trading.

[Glenn Biddle]

It's stupid how analysts are attributing the price drop "this morning" to the market not believing that Samsung sees any value in buying BlackBerry for patents. Um, maybe, the original price jump was because the rumored buyout price was $13-$16? And maybe the official denial from BlackBerry /last night/ put the buyout rumor to rest? The stock already went back down in overnight trading.

If the market could see no value to Samsung buying BlackBerry then why was Samsung up 13% on the rumors yesterday as well?

Posted via CB10

[world traveler and former ceo]

If the market could see no value to Samsung buying BlackBerry then why was Samsung up 13% on the rumors yesterday as well?

Posted via CB10

Agreed... the short sellers and others with hidden agendas just spin things to suit their views or agendas... or ignorance....

One thing certain... if bbry thought it was fair value they would have sold at $15-$18... but rightly so they know blackberry's value is much higher.. serious institutional long term investors like Ontario Teachers Pension Plan know this and are patient to see the significant appreciation in their investment two to four years from now ... if one of the most astute and largest pension funds in the world thinks blackberry is a great investment... i am patient enough to let Ceo Chen build value as he is doing now and i am patient to follow their lead...
Let's revisit in two years time...




Posted via CB10

[clickitykeys]

The stock is just returning to it's pre-rumor levels but the media is making it look like BlackBerry is all over unless someone buys them out.

A large portion of the tech media cultivates two qualities in spades in order to maintain circulation:
1. Herd mentality
2. The memory of a goldfish

Hence, most of it is worthless.


Q10/10.3.1.821

[byex]

Better to spend your money in a casino than on stocks.you will have better luck.

Markets are grossly manipulated.

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