11-06-14 09:50 AM
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  1. hoonigan99's Avatar
    Yeah I don't see him coming back and saying "that's too much, we would be happy to get $11". It's the CEO's job to talk the company up and to get share prices up.

    If Chen is so sure BlackBerry is worth much more that the $15 and they have so much cash saved up... why aren't they buying back stock?
    While they have a good cash base it would probably be harmful to the stock price if they started diminishing their cash to buy back shares. I'm certain one of the reasons BlackBerry has been able to ease investor concerns is by maintaining that $3B cash, their not out of the woods yet to be spending it. I'd personally rather see that cash going into getting products to market.

    BB for Life
    11-06-14 09:50 AM
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