11-13-13 07:25 PM
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  1. eddy_berry's Avatar
    Just saw that thread. But it is good if everyone here sees it.

    There is plenty there that resonates with me too.

    http://forums.crackberry.com/showthread.php?t=866458
    10-27-13 05:11 PM
  2. mset's Avatar
    I lost my retirement, I can show proof, will these thugs pay me?
    What percentage of your total investment portfolio was in BBRY/RIM shares?
    bobauckland likes this.
    10-27-13 10:16 PM
  3. stackberry369's Avatar
    Who told you to become emotionally attached to the company whose phone you own?I own shares in Altria, but I don't smoke.
    10-27-13 10:36 PM
  4. higherdestiny's Avatar
    OK everyone, go outside and get some sunshine.

    Nothing good happening in here. Certainly nothing productive
    10-27-13 10:50 PM
  5. Franz Israel's Avatar
    Well said. This is corrupt and corruption knows no ethnicity, no race, no gender. Its human nature borne out of evolution. Ruthless, dog eat dog world and regulators are nothing but pimps for the rich class. Heins, watsa with bOard's blessing (who get some crumbs thrown at them like dogs) have ripped off shareholders

    No sorry, OP has it right. You have it backwards. He is pointing out what everything is worth if you just liquidated assets. The $9 offer is what you are saying, perceived worth. Only difference is you are accusing the OP of too high of a perceived value, and he is pointing out the perceived value is too low.

    BlackBerry announces their earnings early and their sp drops to just pennies over $9. The next business day, Prem Watsa's company happens to agree to pay a ridiculously low $9, and BlackBerry is allowed to shop around. But if someone else happens to make an offer, better than a ridiculously low set price, and get an amazing bargain buying BlackBerry, which they know it will, Watsa gets a nice pay out and so does Thorsten Heins. The CEO, and an until recently, a board member happen to get this payout nicely set up. And then Watsa leaves the board and makes the bid.

    If you think they got offered market value for the company you're way too naieve in the way the world works to even have this discussion.

    Posted via CB10
    10-28-13 10:41 PM
  6. Franz Israel's Avatar
    What percentage of your total investment portfolio was in BBRY/RIM shares?
    Thats besides the point, the board and Heins are committing a crime. what i lost is immaterial.
    10-28-13 10:42 PM
  7. mset's Avatar
    Thats besides the point, the board and Heins are committing a crime. what i lost is immaterial.
    Actually, no. You're asking us to believe in your judgement and your critical thinking on this issue. If we are to evaluate your arguments, we must be able to positively assess your critical thinking, and your ability to make serious judgements like this (and accusing the board/CEO of criminal behaviour is a serious judgement, I'm sure you'd agree).

    I ask again, what percentage of your total investment portfolio was in RIM/BBRY? Please note, I am not asking what percentage of your speculative portfolio was in RIM/BBRY.
    bobauckland and Etios like this.
    10-28-13 11:07 PM
  8. DaSchwantz's Avatar
    The biggest crime was the financial collapse and subsequent bailout. But that involved all the democratically elected representatives of the United States, and nobody ended up in jail. Welcome to the New World of corruption. You think a rinky-dink stock like BBRY matters? LOL. BBRY does have a target on it like Bear Stearns though, because there needs to be creative destruction according to the will of those in control of 'price discovery' (i.e. The stock market aka HFT price fixing system). If Prem Watsa benefits, it's because he's planned this move all along. Make sure you vote your shares against the deal.

    Posted via CB10
    10-29-13 01:46 AM
  9. OMGitworks's Avatar
    So you risked money in a "game" you knew was rigged and not fair and lost your money and now you want to blame everybody else under the mother of all conspiracy theories?

    Think about it. Don't you think that is this was some vast conspiracy put together by the ruthless dogs of Wall St at some ridiculously low price that some other ruthless dog would have come running along to profit from it? If something that was actually worth $12+ was being sold at $9 surely those ruthless dogs would be flying in to profit? Its called arbitraging and it happens every day on Wall St over pennies. If it was truly dollars, they'd be there "correcting" the price. So far no takers.

    You lost money and that sucks, I did too. But look in the mirror and not Wall St or the Board to see why. What the Board did was terrible decision making, but collusion and fraud is a serious allegation and I just don't see it.
    trwrt, anon1727506 and Etios like this.
    10-29-13 09:32 AM
  10. Franz Israel's Avatar
    Yes, go get some sunshine while the top .01% will further rape the rest of us, the corrupt ccorporate board and greedy m,anagement pillage and plunder public companies, and yes, son go get some sun.

    OK everyone, go outside and get some sunshine.

    Nothing good happening in here. Certainly nothing productive
    10-29-13 10:06 AM
  11. OMGitworks's Avatar
    Yes, go get some sunshine while the top .01% will further rape the rest of us, the corrupt ccorporate board and greedy m,anagement pillage and plunder public companies, and yes, son go get some sun.
    Ever know anyone who has been raped? Doubt you would use that term so freely if you did. Besides being incredibly insensitive, your posts how a total lack of knowledge for how the financial system works. That you invested your money in a system you don't understand and now want to complain about it is incredible to me. The use of the word son is equally offensive and derogatory. Thanks for the laughs though.
    bobauckland and Etios like this.
    10-29-13 10:50 AM
  12. anon1727506's Avatar
    Just saw that thread. But it is good if everyone here sees it.

    There is plenty there that resonates with me too.

    [Article]BlackBerry an Alternative Reality, An Alternative Future - BlackBerry Forums at CrackBerry.com
    That "blog" sounds very postivie and I'm sure it does resonate with many....

    But QNX and BBM are not magical saviours of a Billion dollar company. They at their best might bring in a few million in revenues - so far BBM isn't bringing in anything.

    While what has happened to BlackBerry is a shame and I hate what will eventually happen to the brand. But no one is stopping another buyer from from stepping in and offering more to shareholders. And no one forced people to invest in BlackBerry in the first place, and ANYONE who did so in the last 18 months was taking a HUGE risk and should have known that. Be happy that you "might" be getting $9 now!
    10-29-13 12:02 PM
  13. glamrlama's Avatar
    See above for a listing of various financial crimes. BBRY is a great deal for whomever buys it at anywhere less than about $14. I can't see anything in the various BBRY filings that would lead me to believe that a financial crime is being committed.
    10-29-13 12:20 PM
  14. theHip's Avatar
    I think you guys were better off getting the $9. Who's holding on for the long ride now, after today's events?

    Posted via CB10
    11-04-13 11:50 AM
  15. EchoTango's Avatar
    $9 may be a price we hope to get in the future, but I don't think so. $9 represents the minimum value possible and isn't really fair value for all the assets, including the $2.6 Billion in cash.

    I think the other major shareholders made their position known and FF knew their deal was not going to fly. At least there now is a chance that some recovery is possible and who knows, maybe even some profit !
    11-04-13 01:26 PM
  16. CairnsRock's Avatar
    Sounds like a "going out of business sale" The first in line (hi Prem) are snapping up the best deals. Oops, sorry was that you I just trampled on.
    Too bad you didn't get here earlier.
    11-04-13 02:49 PM
  17. anon1727506's Avatar
    Some of you need to watch Pawn Stars.... what an owner thinks is "Fair Value" and what a buyer will pay is usually not the same. So it comes down to how bad do you need to sell.


    BlackBerry has lost everything (sources of revenues) at the casino and needs cash to catch a flight out of Vegas.... the will be selling. they just walked out the door hoping that "the old man" will come after them and make a better offer.

    Posted via CB10
    11-05-13 05:48 PM
  18. mset's Avatar
    $9 represents the minimum value possible and isn't really fair value for all the asset. !
    Sorry to say it, but this is absolutely and totally wrong. There are countless people over in the 'I support Blackberry' thread who were either told or came to believe the same thing.

    The market dictates the minimum possible value for a stock. In the case of BBRY, there's zero reason to think that $9 is the 'minimum value possible' other than a fervent desire that that should be the case. $9 is neither the minimum value possible today nor will it be in the future. There is a small chance it will be more, a decent chance that it will be around that, and a chance that it will be less.
    11-11-13 01:54 AM
  19. pillswoj's Avatar
    Also can we stop with the 2.6 Billion in Cash. The cash burn started in earnest last qrt, I believe the next earnings call will show it has accelerated and a good portion of that 2.6 billion is gone.

    Otherwise why the need to borrow 1 billion?
    11-11-13 12:39 PM
  20. anon(5818411)'s Avatar
    Also can we stop with the 2.6 Billion in Cash. The cash burn started in earnest last qrt, I believe the next earnings call will show it has accelerated and a good portion of that 2.6 billion is gone.

    Otherwise why the need to borrow 1 billion?
    They could be at 4bil sometime soon actually (http://crackberry.com/blackberry-cou...4-billion-cash)

    They stated that they will be more then fine through this cash burn period.

    Posted via CB10
    11-12-13 11:46 AM
  21. m1a1mg's Avatar
    They could be at 4bil sometime soon actually (BlackBerry could wind up with over $4 billion in cash | CrackBerry.com)

    They stated that they will be more then fine through this cash burn period.

    Posted via CB10
    They said a lot. How'd the sales of BBOS10 phones go?
    bobauckland likes this.
    11-12-13 03:53 PM
  22. anon(5818411)'s Avatar
    They said a lot. How'd the sales of BBOS10 phones go?
    TH wasn't the man for the job obviously. The BB10 launch was the biggest flop ever. We are talking about the engineer to the worst BlackBerry ever -> the storm...

    Hopefully john chen can turn it to be slightly profiting. That's all I want :P

    Posted via CB10
    11-12-13 06:00 PM
  23. mset's Avatar
    They could be at 4bil sometime soon actually (BlackBerry could wind up with over $4 billion in cash | CrackBerry.com)

    They stated that they will be more then [SIC] fine through this cash burn period.
    More than fine, is it? That's just great. More than fine.

    Yes, that's an accurate, objective view of the firm right now. 'More than fine'.
    11-13-13 07:25 PM
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