BlackBerry Ltd T.BB

Takeover rumours from Fairfax ?

[maldwyn]

https://ampvideo.bnnbloomberg.ca/technology/video/blackberry-shares-rise-on-takeover-report~1969570

[Digby8]

This report is fairly old because the share price on the chart was CDN$6.67. 

[Yasch22]

This post has been removed in accordance with Community Policy

[Hedgetrimmer]

Pique the interest of another party? Two(+) are better than one. Love to see a bidding war for BB. Maybe someone anticipating good FB settlement results. Most likely hedgers playing their game. 

[Yasch22]

This post has been removed in accordance with Community Policy

[Hedgetrimmer]

I like that. Now that we are Feds cyber security I can't see govt letting BB fail. Don't want to become like Bombardier, dependent on handouts, but it's nice to feel somewhat protected.  What I like about BB is that cyber security doesn't just end if economy/market goes south. It's similar to people still needing heat in the winter & fuel in the auto despite what

[NorthOntKid]

in your last sentence don't you mean to say the shorts wil play their game caustiously?

[Hedgetrimmer]

  I meant they aren't going to get burned at the moment but yes,  cautious also. Rumours can cause them some angst but unless there's some truth in them, they play out fairly quickly. Shorts may get held up a couple days. Rumors are nice but we need something spectacular from BB to really move the needle. I also don't think Reddit has disappeared completely either. 

[MarketBS]

And the slide continues... shorts walking it back