Clueless..... I am distraught today.... I don't know what to do anymore. Everything seems contrary to understanding. I too still believe in Blackberry. How can a target of $3 be projected?
BB deciding not to sell was one of my possible scenarios that I had in my mind, I just wish we were to be privy to the interest that was going on.... I wonder if a higher bid was for the taking but BB said, "no, we are better than that."?
It took me a while but I have come to the conclusion that I will retain my holdings for the forseable future. I will ride this storm out. I will not sit on the sidelines in the event this starts to rise and I am twiddling my thumbs to find the right buy back point. I will be okay if my holdings go to zero, I will say this is a learning lesson to never fall in love with a company. I will tell my grandkids how I believed in something Canadian and it turned out for the better or it turned out for the worse. End of that chapter, on to what happens next.
This is the game we are all playing, nothing is for certain especially with this....
I don't believe Heins ran this company to the ground, But I also don't believe he was the right man for the job either. For all the people who believe this is entirely his fault, I'm sure there are many analysts who believe you are just as stupid for buying into this company. So realize there are many perspectives to our moves in the markets and just like history it is written by the victors. Right now us BB longs are taking a nasty beating and history is in the process of being written, but hopefully there is something that can alter the course.
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Good Luck to all and most importantly, best wishes to a Canadian Icon's future feasibility and dignitity.
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Phares