[anon(297379)]

It looks like they are at it again. Playing with the stock price to deliberately drive the stock down. I will be a member of the class action suit against them.

[anon3700711]

ITT: Stock holders who don't understand how the stock market and stocks work. Yeah - you stand to lose money if you aren't on top of your game. . Buy low, sell high.

[MartyMcfly]

Where is hurds when you need him most?

Probably at a site complaining about CB users/mods.

[anon3700711]

Averaged down to $27/share from $65/share...
1700 shares...
67% loss, $32,000 gone...
Continued to throw good money at bad investment...
My own fault but still PISSED!!!!!

Yes, completely your own fault. You should have sold your shares when they started to slide. We all could have predicted this is what was going to happen.

[njblackberry]

It looks like they are at it again. Playing with the stock price to deliberately drive the stock down. I will be a member of the class action suit against them.

Go for it. If you have any information about insider trading or any improper actions by the Board or executives (outside of the well know running the company into the ground) please report them to the US Securities and Exchange Commission and Canadian Securities Administrators. Also any applicable legal authorities. And once the class action suit gets certified, you do realize that the lawyers get most of the money. You may get a $5 coupon off your next BlackBerry purchase.

[anon3700711]

Did you investors actually consult stock brokers or advisers before you invested or during the investment? Don't invest in a company just because you want to support them and because you love them. Really, you should have sold your shares when they were high and then you would have made money. Now you've witnessed what the stocks can do! Make you lose money!

[kevinnugent]

Did you investors actually consult stock brokers or advisers before you invested or during the investment? Don't invest in a company just because you want to support them and because you love them. Really, you should have sold your shares when they were high and then you would have made money. Now you've witnessed what the stocks can do! Make you lose money!

This is why the whole "I support Blackberry - I buy shares" thread was totally naive and very very bad advice.

[smoothrunnings]

That's too bad, but you have to realize that's risk you take investing in stocks. If you don't like it don't invest in the stock market!

[shupor]

Fortunately for me i purchased stock at $6 per share, sold some when it spiked and retained enough to recover my principal even if it sells at $6 per share

[Jonesy1966]

I'm not sure if I'm supposed to be happy that BlackBerry was sold, but as a stock holder, I'm definitely not. $9 a share is crap.

Posted via CB10

The current offer is probably nothing more than a kickstart to the sale process, the trouble is, no one's biting. If no-one's willing to pay more that $9 then the offer was not "crap" and you're probably getting more than if BlackBerry waited longer to pull in offers. If someone thinks BB's worth more than $9 then they have until Nov 9th (?) to make an offer. I just don't think anyone's going to do that, in which case Fairfax is probably over paying at $9.

No one likes taking a beating in stocks, but this is part of the risk of playing the market. You don't have to like it but you do have to accept it.

[slalom]

This is a rip off...Unbelievable Prem Watsa

Posted via CB10

If it is such a rip-off I'm sure other bids will be forthcoming that will give you the value you perceive in your shares.

[mcstravi]

Hopefully this will trigger "serious offers " to come forward.....

Posted via CB10

Maybe that's the plan..set the floor for bidding.
Fairfax as a shareholder has lots to gain with a better offer as well

[mcstravi]

BlackBerry was a high risk investment...they had dwindled from 50% to 1% and had try to re-invent themselves with BB10.
If it worked we'd be at $50+ and everyone would be happy that the "shorts" lost..
but it didn't....Big Risk can equal Big Reward...
Novice investors often expect the Big Reward...and disregard the risk.
In this case (and statistically this is the usual case), Big Risk will equal Big Loss.

[wayoung]

I want to know how much CPP is losing on this deal. They own (or at least used to own) a ton of BlackBerry stock and i'd like to know if this $9/share offer is going to push my retirement age back to 80.....

[cgk]

The talk of the eight new contracts coming up reminds me of the sales guys in Glengarry Glen Ross talking about "the leads".

So now we know and it's desperate stuff:

compare this:

More than 19,000 Delta Air Lines (NYSE: DAL) flight attendants today begin using new Windows Phone 8 handheld devices that will streamline on-board purchasing as Delta continues its investment in technological innovation to improve the customer experience.

To:

Rocco Forte, a luxury hotel group, is using Secure Work Space for iOS� and Android� to manage 60 tablets deployed to enable employees to access business-critical apps and information on-the-go. In addition, the company has deployed 200 new BlackBerry� 10 smartphones. With BlackBerry Enterprise Service 10 and Secure Work Space, the company is now able to simply and securely manage all devices in the organisation.

Clyde & Co., a global law firm with over 1,400 employees, has deployed BlackBerry Enterprise Service 10 and plans to migrate its existing 1,200 BlackBerry smartphone users to BlackBerry 10 smartphones.

The Premier League, the organizing body for the Barclays Premier League, is using BlackBerry Enterprise Service 10 to manage its existing portfolio of BlackBerry smartphones, as well as a number of iOS devices. An additional 60 BlackBerry Q10 smartphones are also being rolled out across the organisation.

Hogg Robinson, an international corporate services provider specialising in travel, expense and data management has deployed BlackBerry Enterprise Service 10 to manage its existing suite of 800 BlackBerry smartphones, which now also includes newly deployed BlackBerry� Z10 and BlackBerry� Q10 smartphones.

Public sector body NHS Education Scotland, a health board responsible for developing and delivering education and training to NHS Scotland employees, has deployed BlackBerry Enterprise Service 10 and begun the rollout of 200 BlackBerry 10 smartphones.

We are looking at *maybe* 2600 devices across six organisation? The simple fact that they release a press-release to note that someone is using BES10 to managing 60 tablets shows you how desperate things must be.

[FSeverino]

man, im gonna have a lot of reading to do when i get home. can somoene summarize the thread so far for me?

lol. ill give you half of my inheritance... from my stock... which i didnt buy once i realized TH was gonna bomb

[tstrike34]

man, im gonna have a lot of reading to do when i get home. can somoene summarize the thread so far for me?

lol. ill give you half of my inheritance... from my stock... which i didnt buy once i realized TH was gonna bomb

Summary follows:

• Prem Walsa set the bottom line price for Blackberry at $9 a share
• Folks who bought BBRY share due to loyalty got took
• BBRY is intentionally tanking because Walsa wants to buy BBRY whole and hock off parts for max profitability
• Dont listen to craphouse experts that steer you into bad investments like BBRY
• The shorts WON, the longs are poor
• Thor and Saunders lied.....
• No white knight for BBRY...
• BBRY is in hospice... Better call the Undertaker...

[Dunt Dunt Dunt]

man, im gonna have a lot of reading to do when i get home. can somoene summarize the thread so far for me?

lol. ill give you half of my inheritance... from my stock... which i didnt buy once i realized TH was gonna bomb

The title says it all....

[mset]

Summary follows...

Fixed it for you

• Prem Walsa set the bottom line price for Blackberry at $9 a share
  
  Wrong, Fairfax can reduce after Due Diligence
  
  
• Folks who bought BBRY share due to loyalty got took
  
  Wrong
  
  
• BBRY is intentionally tanking because Walsa wants to buy BBRY whole and hock off parts for max profitability
  
  Wrong
  
  
• Dont listen to craphouse experts that steer you into bad investments like BBRY
  
  Right (love the phrase 'craphouse experts', btw)
  
  
• The shorts WON, the longs are poor
  
  The Bulls and Bears won, the pigs got slaughtered.
  
  
• Thor and Saunders lied.....
  
  About what, specifically?
  
  
• No white knight for BBRY...
  
  Right, but maybe another bid
  
  
• BBRY is in hospice... Better call the Undertaker...
  
  Probably right
  

[EchuOkan1]

I bought stock prepared never to see the money again. I was shocked when it dropped to 6. Still holding.

Don't buy unless you're prepared to lose.

I couldn't have said it better. =0)

Posted via CB10

[M65c02]

So now we know[/URL] and it's desperate stuff:
compare this [MSFT Announcement of deployment by Delta of 19,000 phones to flight attendants and various other employees]
To:
We are looking at *maybe* 2600 devices across six organisation? The simple fact that they release a press-release to note that someone is using BES10 to managing 60 tablets shows you how desperate things must be.

Interesting compilation. Fortunately, BB does have a fair amount of commitment from current committed business clientele but I'm afraid much is from CIO's locked into decisions they made several years ago and afraid to move but for their jobs. Regardless of reason, this does tie in many organizations to purchase OS10 phones in the near term. BUT, "many organizations" may still translate into relatively small #s and even the miniscule security afforded here may soon pop with the now "certain" sale of BB--especially if it is hashed around for 3mths. Trying to sell its security at the same time as going through a "distress sale" doesn't make for a good sales presentation for BB.

W8 will come on strong and, short-term, even buy their way into some businesses. When their platform becomes fully integrated with the still migrating W8 desk/laptop crowd, it is going to be very interesting indeed. SO, a tremendous amount of work ahead for our BB.

[danprown]

"Prem Walsa set the bottom line price for Blackberry at $9 a share
Wrong, Fairfax csan reduce after Due Diligence"

This will be a scary thing...

[danprown]

Without a hardware division, Blackberry has almost no advantage for BES10 over more nimble competititors which are increasingly backed by big pockets. Some are also planning IPOs. Since August, BlackBerry Enterprise Service 10 EMM Corporate Annual Client Access Licenses (CALs) are $19 MSRP a year. (down from $99). They should have used all that cash to buy out the budding competion a couple of years ago and gotten some talent or moved into building NOCs, etc. like Nokia.

The cross platform BBM has been a project within BBRY since the start of time. It has been resurfacing periodically. So it is not like starting from scratch. It was reported it was Jim B.'s plan to do it in 2011 or 2012 before Mike L. and TH scuttled it. The fact that they cannot now make it work is very shocking (assuming we do not believe the conspiracy theory of driving the value down). I think this has been overlooked as some sort of deadline issue or execution mostly. I think this shows fundamental issues with the whole architecture they have going. It simply may have become too unmanageable as people have gone and left and the company shifted to the obscure QNX.

Interesting compilation. Fortunately, BB does have a fair amount of commitment from current committed business clientele but I'm afraid much is from CIO's locked into decisions they made several years ago and afraid to move but for their jobs. Regardless of reason, this does tie in many organizations to purchase OS10 phones in the near term. BUT, "many organizations" may still translate into relatively small #s and even the miniscule security afforded here may soon pop with the now "certain" sale of BB--especially if it is hashed around for 3mths. Trying to sell its security at the same time as going through a "distress sale" doesn't make for a good sales presentation for BB.

W8 will come on strong and, short-term, even buy their way into some businesses. When their platform becomes fully integrated with the still migrating W8 desk/laptop crowd, it is going to be very interesting indeed. SO, a tremendous amount of work ahead for our BB.

[onvisa]

The deal wouldn't go through unless share holders agree.
I presume its 1 vote per shareholder it makes no difference how many shares you have.

[pillswoj]

The deal wouldn't go through unless share holders agree.
I presume its 1 vote per shareholder it makes no difference how many shares you have.

You assume Wrong. As with everything related to Stock it is 1 vote per Share.