Thread: Rimm @ $12.00
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Old 05-05-2012, 08:11 PM   #9 (permalink)
BenzBerry
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Default Re: Rimm @ $12.00

Quote:
Originally Posted by NJBlackBerry View Post
Until (if) someone makes a bid for the entire company.
This seems like what should happen but in spite of the immensely attractive valuations, there is still NO take over considerations. Despite the rumors.

My take on this is that just between Watsa, Lazaridis and Balsillie, they own more than 15% of the stocks. Together with the board they prob control more than 25% of RIMM stocks. Not an easy takeover if whoever wants to take over can't convince these guys to sell. In the event of a hostile take over, it'll be bloody for whoever trying.

And to my noob viewpoint, these guys still believe in the product!

Either way, upside for the stock seems better than downside.
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