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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."

1 of 114 comments (clear)

  1. Re:That about sums it up.... by bws111 · · Score: 4, Informative

    Except that (in spite of what the summary implies) he is no longer with the company.