BlackBerry abandons sales plan;fires another CEO;stock drops 18%

[newarkhiphop]

If you were looking for positive news about BlackBerry's future, we'd suggest you look away. Canada's favorite smartphone maker has announced that its $4.7 billion rescue deal with Fairfax has collapsed. Instead, the company has switched to Plan B -- raising $1 billion in cash with a debt issue and waving goodbye to current CEO Thorsten Heins. The board is currently looking for a replacement, but in the meantime, John S Chen, former CEO of Sybase, which is now a part of SAP, will take the reins as interim CEO. The only thing we've yet to learn is what this means for BlackBerry's Global Creative Director, but she's probably preoccupied in the recording studio.

http://www.engadget.com/2013/11/04/blackberry-abandons-fairfax-deal-heins-out/

 

[Hiphoplives4eva]

LMAO at anyone still owning stock in BBRY...

 

[Ziggiy]

Their still reaping Karma from that trash ass Blackberry Storm

 

[Hiphoplives4eva]

Classic example of why Canadians should never be allowed to run anything of importance...

 

[newarkhiphop]

LMAO at anyone still owning stock in BBRY...

 

[the cool]

Their still reaping Karma from that trash ass Blackberry Storm

possiblly the WORST phone ever made

looked cool as shyt when it first came out though

 

[DPresidential]

If yall truly would like to understand exactly how insider trading works... Pay attention to RIM stock.

If you were part of the super rich... Before the rest of the world knows about any new tech advancement that is developed at RIM... that would be a game changer...

If you were part of the boys club... you'd know as soon as they know.

You'd buy up a considerable portion of RIM for the cheap and just sit on the information...

Then when it's ready for the press release of some new Blackberry that crushes the buildings.. you eat.

And so the world turns...

 

[jdubnyce]

If yall truly would like to understand exactly how insider trading works... Pay attention to RIM stock.

If you were part of the super rich... Before the rest of the world knows about any new tech advancement that is developed at RIM... that would be a game changer...

If you were part of the boys club... you'd know as soon as they know.

You'd buy up a considerable portion of RIM for the cheap and just sit on the information...

Then when it's ready for the press release of some new Blackberry that crushes the buildings.. you eat.

And so the world turns...

you talking about back then when RIM was or now

 

[Snitchin Splatter]

b-b-b-but I can download BBM in the Market now

 

[DPresidential]

you talking about back then when RIM was or now

Now... What I'm saying is..

I hypothesize that if RIM were to develop a game changer... a small group would, illegally, know before anyone else. And start caking hand over fist ebfore anyone else can even smell it.

If there wa sa way to closely watch the stock for EXTREMELY unusual stock patterns then...

 

[invincible1914]

Their still reaping Karma from that trash ass Blackberry Storm

This is where everything really started to go south for them. That phone had so much hype. Verizon's answer to the iphone and all that and was a straight piece of crap. So many people who came in the store just wanted that shyt out of their life. It wasn't that it was bad, but it was that RIM (Blackberry) didn't address it they just kept coasting on like it was all good. Let that be a lesson to these other companies out there.

 

[Liquid]

I won't miss them

 

[Ziggiy]

Then them nikkas kept just rehashing the BlackBerry Curve like that shyt wasn't played out by 2009. Then the playbook dropped and was mediocre as fukk and flopped. Then they delayed BB10 by 2 years and released that trash ass BB7. Just awful AWFUL business practices, it felt like a group of full on retards was running that shyt

 

[Amestafuu (Emeritus)]

Shut your dumb ass up