RE:RE:RE:A few paragraphs from the G&M articleI still trying to understand what game this Management team and Board
are playing. Well, Heins might be the only one that has left.
Blackberry Company
F2010 2011 2012 2013 2014 (Q2)
EQUITY $8,006 8,688
10,008 9,753
8,879
O/Shares 556 524 515 515 515
https://data.cnbc.com/quotes/BBRY/tab/7
Blackberry has lost about $1.2B from its high of F2012, but the Company still has more value
than 2011 and any previous year before that.
This $1.2B loss was mainly because of one time write offs eg all goodwill, restructuring costs,
inventories, etc.
The Markets
The stock price is down huge over the years in spite of the company being so solid, only
problem is that they are not growing but do have lots of innovations in the pipilines.
Now the Company is telling us... "look we have dropped from nearly $150. to $6.00 over the years in the stock market, and are trying to sell out at $9.00 but can't."
This Management is acting very suspicious and now needing $1B loan added more fuel
to the suspicion of trying to take the Company private, at $9.00.
This Company has lots of value, even after all those writeoffs
Only my opinion