BBRY halted

Quote from Tsing Tao:

Oops. No buyout. Bulls committing mass suicide as we speak.
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yep, hahahaha. i wasnt long or short, just thought it would be a good opportunity for lots of volatility in it
 
Quote from TrendPlayer:

BBRY Back in Action!
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it's an interesting one, if BBRY liquidated right now it would be worth 18 a share, but the problem is they keep bleeding all the assets they do have. They should just go out of business and cut everyone an 18$/share dividend and call it good. Looks like they will just slowly bleed whatever value they do have (think its about $8b? market cap is currently like 3.6B after this 20% drop) but if they keep losing a billion a quarter....ouch.
 
Quote from Took2Summit:

it's an interesting one, if BBRY liquidated right now it would be worth 18 a share, but the problem is they keep bleeding all the assets they do have. They should just go out of business and cut everyone an 18$/share dividend and call it good. Looks like they will just slowly bleed whatever value they do have (think its about $8b? market cap is currently like 3.6B after this 20% drop) but if they keep losing a billion a quarter....ouch.
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where are you getting this mythical 18 dollars a share?

If that was the case Gordon Gekko would buy BBRY right now, liquidate it and sell assets off like he did with Blue Star.
 
Quote from prc117f:

where are you getting this mythical 18 dollars a share?

If that was the case Gordon Gekko would buy BBRY right now, liquidate it and sell assets off like he did with Blue Star.
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http://business.financialpost.com/2...ly-worth-more-than-keeping-the-company-alive/

Is one of many articles. Obviously I havent looked at BBRY's books myself so I guess its all open for interpretation. But it's pretty widely accepted that their liquidation value is higher than their current market cap. The problem is they are burning through 1B of their liquidation value on a quarterly basis.

http://finviz.com/quote.ashx?t=bbry&ty=c&ta=1&p=d

Is where I got $18 book value/share
 
Quote from 2ez:

The company buys a new jet :confused:


WTF


Thorsten and the BOD both sabotaged this company.
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This company had the smartphone industry by the balls and just got lazy.
 
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