Bullboard - Stock Discussion Forum BlackBerry Ltd T.BB

Alternate Symbol(s): BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded... see more

Add To Watchlist

TSX:BB - Post Discussion

BlackBerry Ltd > From: MoMoney at ST

View:

Post by dwolfenson on Sep 30, 2023 6:16pm

From: MoMoney at ST

MoMoney66 3:15 PM

$BB Starting to connect the dots. John Chen bought 1 million shares in trust for his 2 children around the same time the BlackBerry and Amazon announcement on the creation of Ivy. I personally thought that when he made that purchase, it was tied to the Facebook lawsuit and potential settlement. John Chen has also never been concerned with the share price up to now since his second term is ending and a 98 million dollar bonus is on the table. Strategic Review was initiated to garner a fair valuation which Wall Street fails to recognize and possibly create a bidding war for BlackBerry and all its Supreme Technology. Why is Amazon holding all that cash and choosing to not buy back shares like all the other big American Tech Companies? Highly likely Amazon is making a bid for BlackBerry before John Chen retires after 10 years of restructuring BlackBerry into potentially one of the most valuable companies.

281