02-14-13 11:48 PM
26 12
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  1. Dapper37's Avatar
    02-14-13 08:34 AM
  2. jwdogfst's Avatar
    I think it's a great thing. The cancer of the company can no longer poison the stock supply.
    02-14-13 08:38 AM
  3. Buju Banton's Avatar
    He has 0 involvement so if I was him I'd do the same thing

    It's clear they didn't want him to be around in any form
    02-14-13 08:42 AM
  4. richardat's Avatar
    Not too much. The only thing we can say for sure is: he obviously wasn't too bullish. He decided to get out.
    02-14-13 08:43 AM
  5. Dapper37's Avatar
    Jim, doing this last year was showing all Emotion and Zero foresight
    02-14-13 08:44 AM
  6. Bbnivende's Avatar
    Jim, doing this last year was showing all Emotion and Zero foresight
    Yes ... his ego was such that he thinks BB can't run with out him. He too probably had the vision of BB staying the course with a much more conservative approach.
    02-14-13 08:54 AM
  7. njblackberry's Avatar
    Rat deserting a sinking ship?
    02-14-13 08:56 AM
  8. bluetroll's Avatar
    Jim is definitely going to buy that NHL team now. LOL.

    Posted using CrackBerry App on BB10
    02-14-13 08:56 AM
  9. Sqoon's Avatar
    I guess that is why he was not at the launch event.

    Posted using CrackBerry App on BB10
    02-14-13 09:05 AM
  10. phinsphan's Avatar
    At first I was alarmed. It is rare when an insider selling would be a good thing.

    I don't know if I am blinded by my optimism (a real concern). But, after 5 minutes of thought I realized this was the same guy who didn't agree with the boards decisions and directions for the company. I also remember that he is largely credited with why this company fell so far behind. Perhaps his decision making is not the best, and perhaps his ideas aren't the best either.

    Licensing BBM to other platforms and opening up the NOC to the carriers would effectively eliminate any competitive advantage this company had. I'm sure as a shareholder it might have been ok for me on the short term as a pop in the stock was sure to happen as it would probably appeal to Wall-Street and Jim could have sold his stock at a much higher price. But I think this company has much grander ambitions than just being a smart phone manufacturer.

    Too bad he gave the market another 30 million shares to short.
    02-14-13 09:14 AM
  11. Sqoon's Avatar
    I wouldn't consider him an insider, he got completely frozen out by the board a year ago.

    Posted using CrackBerry App on BB10
    02-14-13 09:18 AM
  12. Dapper37's Avatar
    Took his ball and went home he did!
    02-14-13 09:44 AM
  13. Dapper37's Avatar
    Looks like the market likes the news. Key reversal in BB today.
    02-14-13 10:36 AM
  14. jsmall999's Avatar
    Sort of like Steve Jobs did when he was forced out of apple......?



    Posted using CrackBerry App on BB10
    Superfly_FR likes this.
    02-14-13 11:06 AM
  15. silversun10's Avatar
    He got a lot of the blame for the problems with RIM, so what do you expect, he has lost control over RIM and by extension over his shares,
    so it only makes sense for him to cash in and now he can do whatever with it, maybe buy a hockey team, it does not matter....
    02-14-13 11:11 AM
  16. Foreverup's Avatar
    Sort of like Steve Jobs did when he was forced out of apple......?



    Posted using CrackBerry App on BB10
    Not even close
    02-14-13 11:27 AM
  17. anon(3896606)'s Avatar
    It was obviously going to happen, I wouldn't think of Jim as a guy to look back.
    That started of course when he left the company, and then the board, now as a shareholder.
    I hope he looks back and realizes what Mike and him started.
    Superfly_FR likes this.
    02-14-13 04:13 PM
  18. TorchRunner's Avatar
    I'm not a fan of Jim B. He was absolutely painful to listen to on quarterly shareholder calls. I hope he sold RIMM when it was low... and bought into Apple at its height.
    02-14-13 08:18 PM
  19. Bold_until_Hybrid_Comes's Avatar
    He was dating my father's friend's ex wife last year. and she is a wack job. No wonder he sold.
    02-14-13 08:33 PM
  20. sam_b77's Avatar
    I think too much is being made out of all this. I mean the guy built up a business from scratch. Sure he made mistakes, any entrepreneur would tell you that they make more wrong decisions than right ones, but a combination of pure dumb luck and some right decisions is what is required.
    Jim B worked all his life for a payday. He encashed it. He deserves it. I would too, if I had no scope of further involvement with a company.
    02-14-13 08:57 PM
  21. Dapper37's Avatar
    ^agree but he should have had enough Vision into the company to know the turn was coming.
    Wallstreet talk claims he sold very close to the bottom. Missing over 100% rally so far :s
    02-14-13 09:03 PM
  22. peter9477's Avatar
    Anyone know over what time frame he would have had to be selling the shares, to report now that he was at zero by Dec 31, 2012?

    My thoughts on this are that:

    (a) this means absolutely nothing to anyone today, since it happened long before launch.

    (b) this would have increased downward pressure on the stock months ago, but the effect is basically long past now

    In short, definitely old news, even if we only just heard it.
    02-14-13 09:11 PM
  23. silversun10's Avatar
    Anyone know over what time frame he would have had to be selling the shares, to report now that he was at zero by Dec 31, 2012?

    My thoughts on this are that:

    (a) this means absolutely nothing to anyone today, since it happened long before launch.

    (b) this would have increased downward pressure on the stock months ago, but the effect is basically long past now

    In short, definitely old news, even if we only just heard it.
    reportedly March 2012
    02-14-13 09:40 PM
  24. recompile's Avatar
    Not even close
    Looks pretty close to me. The only difference I can see is that Steve kept one share.

    What makes you think the two are events are so dramatically different?
    02-14-13 10:38 PM
  25. southlander's Avatar
    Sort of like Steve Jobs did when he was forced out of apple......?



    Posted using CrackBerry App on BB10
    Good point.

    Sent from my BlackBerry Torch 9850 using Tapatalk
    02-14-13 10:52 PM
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