RE:RE:Get your blackberry shares while it’s cheapHi Sun. In many ways I agree with you. I agree that Chen may be attempting to supress the share price. His motivation? I really don't know. It could be many reasons. For instance:
- Get cheap shares for "Friends and Family"
- To allow someone to purchase the company on the cheap for it to go PRIVATE
- A plan to get Prem very rich
- Or, to keep the good news out of the media by making strange arrangements with Facebook; Pending Patent Sales and AWS. Release this news all around the same time to get the stock to shoot past 30$US
Sun, honestly I believe the reason is #4 and could be based on personal greed (I am just expessing a personal opinion). The scared investors are therefore selling to the new future millionares. Thus, my friend, I am purchasing at these prices. I added another 1,500 this morning and it is a cause of strife with my wife.
On the other hand I feel sad for those who are now selling are running to the hills for cover. The shorts are covering on the cheap. This situation was properly planned and the shorts are covering on the cheap.