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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 Anonymous Coward · · Score: 0, Troll

    This wasn't intentional. His PlayBook got hacked.

  2. mod 0p by Anonymous Coward · · Score: -1, Troll

    sinCe we 8ade the