Blackberry turnaround
Hi, do you think Research in Motion (meanwhile renamed as Blackberry) is a turnaround candidate? looks like a cheap buy
Hi, do you think Research in Motion (meanwhile renamed as Blackberry) is a turnaround candidate? looks like a cheap buy
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Doubt it, but I'm not sure of what they've been up to lately. They're certainly up against it.
The risk return is very attractive. No debt. 7b current assets. 0 intangible like goodwill. If they fail, well downside is limited i guess to about 20%. If they succeed, the upside is enormous. Possibly a takeover target, especially given the current climate. Also, their system is proprietary unlike the andriod. At the same time, it is the most secured. Low market share, which makes the upside extremely attractive if they managed to WOW people. Stealing 10% of just the Apple market share can more than double their user base. So one can really visualise the upside. Very bullish, and have been since $9.
Bullish as well. Been in since 11 or so. I think that short-term they will do well and people will knee-jerk back in
who do you guys consider a potential acquirer for BB? I wondered about this and I have no idea who could legitimately take them over...
I heard they had talks with Lenovo
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