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RIM Co-Founder Drops His Stock

Posted by timothy on from the writing-is-in-spraypaint dept.

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."

2 of 114 comments (clear)

  1. Re:That about sums it up.... by crazyjj · · Score: 4, Funny

    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?
  2. Re:Maybe he just made a mistake by wideBlueSkies · · Score: 3, Funny

    Using their new GUI of course.

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    Huh?