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dirtyjeffer
Anons on ignore, but not due to fear.
Premium
join:2002-02-21
London, ON
reply to milnoc

Re: Blackberry share trading halted.EDL BB going private

said by milnoc:

I find the whole idea of shareholders suing companies to be completely ridiculous. It's like suing a casino because you lost.

their argument is being misled on the company's outlook, product/service performance (in terms of it being well received) and upcoming financial expectations...they (shareholders) have a point.
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People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

- George Orwell


elwoodblues
Elwood Blues
Premium
join:2006-08-30
HarperLand
kudos:1
reply to milnoc

said by milnoc:

I find the whole idea of shareholders suing companies to be completely ridiculous. It's like suing a casino because you lost.

Despite this, it became a big headline in the news. In fact, there's been a lot of negative press against BB lately. I'm not even sure Fairfax is still interested in BB at this stage. Do you really want to buy a failed company that keeps getting hammered daily in the press?

It's getting hammered in the press because the short sellers are booking on a big payoff. Why do you think someone "leaked' the lay offs during a press show for a new phone.

While we're at it, Rogers, being the great Canadian corporate citizen they are, is not going to carry the new bb Z30.
--
No, I didn't. Honest... I ran out of gas. I... I had a flat tire. I didn't have enough money for cab fare. My tux didn't come back from the cleaners. An old friend came in from out of town. Someone stole my car. There was an earthquake.......