[Superfly_FR]

Guys ... anyone noticed ?

[plasmid_boy]

This is a little different. The reporting entity for the DoD article claimed to have had a "source" that they don't need to reveal so they could claim they were simply reporting what they heard. In this case, it was a bear side firm that released this directly. In this case, they will need to show their "research" and prove that they were not being malicous and manipulative as they were the source of the research and can't hide behind any privilege.

His mistake was having the interview on BNN where he reiterated the bullsh!t. Now he can't argue, "those articles misquoted what I said!".

[bobor9]

The best outcome would be the press coverage. I really doubt there will be any fines.

If this analyst's report was not refuted the information could have been interpreted by potential BlackBerry subscribers as true and prevented them from buying a BlackBerry device.
Posted via CB10

It's been picked up by Fox Business and Reuters now. Right, even if no legal settlemt comes out of it, hopefully BB's actions would make others think twice before putting out reports without back-up

[W Hoa]

Wow. BlackBerry comes out to say the allegations are false but BBRY has not yet fully recovered. Based on the current SP, the market is still on the analyst's side of the trade.

Posted via CB10

With options expiring today BBRY might be held below $14. Just my 2 cents.

[cjcampbell]

Just as an aside, I thought I'd make mention that 4 of the top 6 thanked on CB are regulars here on this thread Well done guys

[gohan_bcc]

Just as an aside, I thought I'd make mention that 4 of the top 6 thanked on CB are regulars here on this thread Well done guys

How do you see this lol

[cjcampbell]

How do you see this lol

Top right of the page... it is under "Member Shoutouts" It shows the top posters and top thanked.

[gohan_bcc]

Top right of the page... it is under "Member Shoutouts" It shows the top posters and top thanked.

Holy balls how did i graduate. /facepalm self

[duckJAI]

The Toronto Star is also reporting it now too:
BlackBerry asks OSC, SEC to probe 'false� analyst report | Toronto Star

[La Emperor]

Perhaps libel in a civil court? Since it was refuted anyway by the DoD themselves. Like I said it was at a critical time and knowing that the DoD is one of BB's largest client it is important it be cleared. Not really familiar with legal matters but just stating an opinion.

I don't mind BB spending some $ against these people.
It ain't gonna stop these type of activities but at least they'll think twice before putting out info from unreliable sources.

I remember Oprah defending herself in a Texas court when she stated something in her show when the Mad cow outbreak was at its height at the time. She eventually won, but the cattle industry forced her hand.

This is a little different. The reporting entity for the DoD article claimed to have had a "source" that they don't need to reveal so they could claim they were simply reporting what they heard. In this case, it was a bear side firm that released this directly. In this case, they will need to show their "research" and prove that they were not being malicous and manipulative as they were the source of the research and can't hide behind any privilege.

[bungaboy]

Guys ... anyone noticed ?

Saw that yesterday, Great stuff.

Inch by inch . . . . .

[anon(757282)]

About F^cking time the BlackBerry corporate folks fight back. Nail those crooked bastards who are manipulating the market. Kick @ss!

[m0de25]

The Toronto Star is also reporting it now too:
BlackBerry asks OSC, SEC to probe 'false’ analyst report | Toronto Star

Last line in the article: "Anne Buckley, a spokeswoman for Detwiler Fenton, didn’t immediately return a message seeking comment."

That's because she was in the bathroom cleaning up, after shi++ing her pants!

[gilmanhlee]

No dips today suckers

[chrysaurora]

whoooooooooooo!
BlackBerry asking for probe is the second best news of the year for me.
(First best was when BB10 was finally released on Jan 30th)

[Shanerredflag]

Hope it closes 14.01...that would be a financial kick in the yatzze for those boys...

Posted via CB10

[cjcampbell]

With options expiring today BBRY might be held below $14. Just my 2 cents.

Judging by the stall in the $13.80 area, I think you might be right.

[Shanerredflag]

Great write up by Chris U on the front page blog...

Posted via CB10

[Kid Vibe]

BlackBerry disputes 'false and misleading' Z10 returns report - Business - CBC News

Canada's biggest news outlet, CBC reports the false case too.

Also, BB is claiming that the Q10 has the longest lasting battery in the market on the FB page...

[neteng1000]

Someone makes a false claim and the stock plunges over 1$. These claims dispusted as "false" stock up 0.20c. Great country we live in.

[rebekahlynnharrison]

interesting....

[Kid Vibe]

Someone makes a false claim and the stock plunges over 1$. These claims dispusted as "false" stock up 0.20c. Great country we live in.

It's sad indeed, but you know what... I look at the false claim from a slightly positive angle. With BB disputing the claim, the media gets a black mark for their reports on the company... I really, really hope this dispute blows up. It is needed to help the general population realize what is going on and hopefully have the sheep investors out there to stop and think next time they read an article.

[greggebhardt]

Things like this happen all the time and I hate to say it but very seldom will anything come from the investigation. It is all about dealing with the market.

[OMGitworks]

Someone makes a false claim and the stock plunges over 1$. These claims dispusted as "false" stock up 0.20c. Great country we live in.

They played and timed the "report" perfectly. They piggybacked on the Amazon "price cut" on the z10 which is verifiable and true to add credence to their "report." I for one can't wait to see what channel checks they actually did. I know they will be laughable, I just wonder if they will be so poor as to be illegal. You almost never get back all that was taken, you can restore some of the damage but getting back 100% is very unusual.

[OMGitworks]

Things like this happen all the time and I hate to say it but very seldom will anything come from the investigation. It is all about dealing with the market.

As long as they did some investigation and didn't trade on it, they are likely to get off. If they just fabricated the entire channel check or traded off the rumors, then they have some serious issues. Usually firms are too smart to walk over the line. Perhaps they figured the 600M they took off the market cap was worth it?

Did you get in and then out. I think 14 is the ceiling for the day with a better than 50% chance it fades today. I hope my gut feeling is wrong.