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RIM Co-Founder Drops His Stock
drdread66 writes "Reuters reports today that Research In Motion co-founder Jim Balsillie dumped his entire stake in BlackBerry at the end of 2012. While it's common to see high-level executives sell some of their shares to gain some liquidity, it's unusual to see them exit their positions completely. This has to be seen as a massive vote of 'no confidence' from someone who was on the inside long enough to know what's going on in the company."
He's not breaking up with RIM. He just thought that he and RIM should take a break and maybe not move so fast, you know. He still loves RIM and all, he's just not *IN* love with RIM. And that other company is just a friend.
What political party do you join when you don't like Bible-thumpers *or* hippies?
Balsillie left the company in 2011. He has no up-to-date insider knowledge or connections with the current management team
Yes, because Lord knows that when a founder leaves a company they lose *all* contact with their former colleagues and employees, even those who are friends.
Yep, every time I left a job I lost all access to insider information from within the corporate walls. There's no way I heard about what was going on from my friends/erstwhile co-workers. I mean, the very notion is preposterous!
It's outright *absurd* for anyone to believe this cofounder / former CEO would know *anything* more than the general public hears from the official press releases!
Using their new GUI of course.
Huh?
If sure if someone sent all 3 of them a $25 gift card to Applebees they'd abdicate willingly.