BlackBerry analysts say Lazaridis was smart to sell shares

Questionable decisions have plagued BlackBerry’s co-founders for years, but one decision that even the analysts have condoned is Mike Lazaridis’ recent sale of more than 3 million shares of the company’s stock. A quick glance at BlackBerry’s recent history might scare off even the most uninformed investors, so Lazaridis took advantage of the huge spike following the Foxconn news and interim CEO Jason Chen’s confidence-building comments during the company’s earnings call to dump a significant portion of his stake. The Wall Street Journal shares comments from two BlackBerry analysts following Lazardis’ move: “It’s smart for him to sell now, while it’s still a

Quoted from BlackBerry analysts say Lazaridis was smart to sell shares on Gadgets News Headlines – Yahoo! News

BlackBerry (NASDAQ: BBRY) gained nine percent after opening sharply higher Friday when it posted a narrower-than-expected quarterly loss. Despite BlackBerry Ltd. analyst estimates by MarketWatch. View BB revenue estimates and earnings estimates, as well as analyst remendations. Ltd jump on earnings beat: What the Ltd (TSE:BB NASDAQ:BBRY) soared on Thursday after surprising invesrs with a US$23-million profit in its first Tags: blackberry, shares, jump, earnings, BlackBerry analysts say Lazaridis was . News. Questionable decisions have plagued ’s co-founders for years, but one decision that even the have condoned is phones are surprisingly, amazingly, still a thing. Budget phone maker TCL, which licenses the name, s it plans release at least two new keyboard phones this year.

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