RE: RE: Q2 2013 report in 2 weeks ! RIM's stock prices going up and down, has no affect on the Company 's valuation
RIM sold their shares to the public a long time back, and the purchased shares are now being traded
amoung us on the stock exchange ( secondary market). So any gain and losses are bore by us
not RIM.
RIM however has lots of cash and a fat Line of Credit that they can use to buy back their shares
for Shareholders'value .
They can also borrow, like the other 99.9% of Public Companies out there if needed to. RIM has no cash problem and borrowing rates now are very cheap.
Only my understanding