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Following reports that RIM (RIMM) has been a takeover target of several companies, Globe &...

Following reports that RIM (RIMM) has been a takeover target of several companies, Globe & Mail writes that the reason a deal hasn't happened is because Microsoft (MSFT) and others were scared away by the “rapid deterioration” of the BlackBerry business. But the report notes that RIM is resistant to a takeover until it sees how the new QNX smartphones are received.
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Comments (4)
  • bkpark
    , contributor
    Comments (325) | Send Message
     
    Sounds like takeover just can't happen: if their new smartphones do well, RIM wouldn't want to sell itself; if their new smartphones don't do well, more potential suitors will get scared away.
    22 Dec 2011, 10:34 AM Reply Like
  • GwynethW
    , contributor
    Comment (1) | Send Message
     
    I just wish something would happen with this stock. It is the only holding I have which I consider a dog (with fleas). It has gone down in value so much since I bought it that there is no point to sell now; I'm too late. I wish it would either be bought out or just go away. I think their BIG problem is in the top management.
    22 Dec 2011, 01:18 PM Reply Like
  • Phill Stone
    , contributor
    Comments (78) | Send Message
     
    I'm gonna short this thing into oblivion.. expecting a 100% short return.
    22 Dec 2011, 01:25 PM Reply Like
  • Vertical Spread
    , contributor
    Comments (548) | Send Message
     
    I'm with Phill
    22 Dec 2011, 02:34 PM Reply Like
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