Back Door In?Since Arctic Wolf hasn't yet been IPO'd could these 5.5 million shares be a part of this private company present total worth? They may held by many different players as private shares! If so, then any future IPO could make these 5.5 million shares very valuable to Blackberry shareholders.
Maybe this sale is a really a very astute move by Blackberry? Perhaps in the end, their apparent major loss on the original Cylance purchase won't really amount to all that much after all!
I picked up some shares yesterday even after the major move up. I think that this move is only getting started! This is a longer term hold now!
Much of the rest of the Canadian market seems to be rolling over and moving downward in anticipation of a recession here. So I expect it would be better for investors to jump aboard a good investment like BB and hold for the future!
I expect that we will be getting more good news coming shortly! For God's sake, don't sell now!
Just my humble opinion, Java