The report that RIM nixed takeover queries from Amazon (AMZN) and others only confirms that RIMM...

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Brandon Gibbs Comments (196)
 
or the fact that shares jumped after the news... ???
20 Dec 2011, 06:32 PM Reply Like

Mike Maher Comments (1779)
 
Remember when Yahoo said no to Microsoft's $31 a share offer a few years back? This is like that, expect at the rate things are going for RIM, they wont be around in 4 years to consider selling the firm at half the price.
20 Dec 2011, 06:32 PM Reply Like

Tom Armistead Comments (4558)
 
Reminds me of when Jerry Yang resisted selling Yahoo. It turned out they would have been better off to sell out while they still had something to sell.
20 Dec 2011, 06:33 PM Reply Like

alx.botelho Comments (64)
 
Actually, with Bezos at the helm, it could become quite a company... The BB brand still has some value and RIMM is not that bad with hardware...+ patents... And RIMM has some knowledge regarding security that could become valuable for AMZN...
20 Dec 2011, 06:34 PM Reply Like

tiger8896 Comments (356)
 
Reminds me of the Icahn rumors of a couple of months ago that were false, Icahn said Rimm was never on our radar in a condescending manner. An Amazon/Rimm merger would be a stretch, so it's my guess that the story is a pump and dump by traders that are long Rimm and are looking to scalp a few points on this rumor.
20 Dec 2011, 07:00 PM Reply Like

Andrew Mann Comments (901)
 
Shares jumped because that means a hostile takeover isn't out of the question. The two founders will never give up control of their company, due to their arrogance and hubris that prevents them from admitting they screwed everything up. Not to mention, they started the company so they probably think they can turn it around. Sorry boys not going to happen.
20 Dec 2011, 07:03 PM Reply Like

944761 Comments (319)
 
you're half right, the founders messed up.
can they turn it around? God only knows and you are not God.
20 Dec 2011, 09:03 PM Reply Like

J 457 Comments (865)
 
PALM and YHOO take two. The CEO's will leave a legacy of poor decisions, the biggest being rejection of a buy-out, if in fact that actually did happen.
20 Dec 2011, 07:44 PM Reply Like

nehoffman Comments (3)
 
By no account was there an offer. Epic pump and dump. Grats to the person that pulled this one.
20 Dec 2011, 10:58 PM Reply Like

BadCop_NoDonuts Comments (481)
 
just a chance to buy more puts!
21 Dec 2011, 12:22 AM Reply Like

Z-Tranche Comments (7)
 
RIMM is full of great ideas that never come to fruition. Still riding the waves of yesteryear, shareholders with significantly long positions can only hope for an acquisition to salvage their investment.
21 Dec 2011, 03:37 AM Reply Like