At 3 can we all buy shares and make it private and crackberrys own?
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At 3 can we all buy shares and make it private and crackberrys own?
Emotionally yes. Logically no. They are undervalued, shareholders were hoping for a sale and since that did not happen they are upset and dumping their shares now. I don't think it will go to 3 dollars, and if it does Fairfax will probably buy up a majority steak lol
Posted from my Z30
Fairfax has no money to buy that many shares. We all should and make te biggest doucey poster (me) ceo. Free atuff for all till its gone;)
Reason Fairfax couldn't find investors was the fact they want to save BlackBerry not chop it up into tiny little pieces to maximize their profits as is the trend now a days.
Posted via CB10
Right. And fairfax has no dough on their own to do it...so......again...
It might also be the fact that they went through the financial and felt that BlackBerry was not worth the initial offer - so converted instead.
Fairfax isn't one man, it's a conglomerate entity. And they needed to get others on board - that never happened.
Why didn't it happen - that's the telling point.
Posted via CB10
We as we can't even unite to give up our old phones to support the new phones?
Posted via CB10
Talked about on various posts basically Blackberries are too expensive for consumers to purchase even for true blue fanboys it seems. (being sarcastic btw)
Posted via CB10
There are financial markets (stock-jobbery) and the 'real economy', the latter is where most of us mere mortals exist and is bears very little resemblance to the money markets which are really just an international casino for rich people.
The stock will have to head down some more before it can head up. Even if things start to go better for BlackBerry, I'd say it can go down to $5 or so before it can base and start to go back up
Posted via CB10
By the way, it is a pretty normal reaction for the stock price to drop when a struggling company announces debt based financing.
Also I think the best bet for the company is to focus on getting bes10 established and getting companies to upgrade to bb10. And update the bbm cross platform app and then think of a way to monetize it, but bes10 is their best asset
Posted via CB10
Probably depends on who you ask. ;)
Posted on my sexxy Q10 (*_~)
Fairfax buying BlackBerry was not the issue, It's the cost of maintaining and taking the risk of making the business grow was the deal breaker IMO.
It's worth whatever someone's willing to pay. If you strongly feel it's worth significantly more than it's current price, then go cash in your CDs and buy BBRY, put your money where your mouth is as they say.