$3.22 high so far. Nice.

I do agree that it was a poor decision by the board and management since any accusations would follow Giamatteo on the chance that a future lawsuit would be filed. It'll come down to the validity of the investigation that found no wrong doing. Hopefully it was done by an independent third party. I assume if the case goes forward, that investigation will be key to Giamatteo's defense. It'll be interesting to see if it winds up being settled out of court.

Regardless of the outcome this whole situation has definitely become a distraction.

Sadly even if he's innocent, for the good of the company, he'll need to resign. But on bright side pre-market looks to still be green. So far.

There's always going to be that stigma that follows the man whether he's guilty or not. It's unfortunate that this came out just before the quarterly release. Not that there was any good time for this to happen. I hate that according to an article I read, former CEO John Chen was dragged in this as well. The alleged victim said that former CEO John Chen was made aware of the allegation and agreed with alleged victim that she didn't have to travel alone with him. That same article said that an investigation found no evidence of wrongdoing.

What a mess! Just when things are starting to turn around.

I see it just hit $3 after-hours. Sweet!

Nice!!!!

Fingers crossed for a great report today.

Sad to see.

$3.06 now. Nice!

We're more than ready. Good luck to us all.

I'll take it!

Very nice news to see. Looking forward to the days and weeks ahead.

Nice to see some life on SHIB finally.

CRM is offering a dividend for the first time ever in their stock. It got me imagining if BB ever gets to the point that they start offering dividends, I'll be sitting pretty.

https://www.barrons.com/livecoverage/salesforce-snowflake-c3ai-earnings-stock-price/card/salesforce-stock-slides-after-earnings-despite-new-dividend-and-a-10-billion-buyback-YVp263SfPtsKJkQzEW9n

I keep hoping that Amazon would buy them out but that hasn't happened. At least BB looks to still be in a working relationship with them.

Nice grab. Welcome aboard!

Nice.

Hoping it'll be reality. Fingers crossed.

Cool. By the way you're right in that they are in cost cutting mode based on the last PR.

Hoping for a nice surprise. We'll see.

Price needs to go higher for sure.

I remembered hearing Watsa before and found the post regarding the Fairfax takeover from last year: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172208036

So I guess since the repayment is done of the $150 million, Watsa is out now! As is the takeover threat. I may be misunderstanding though.

Now that I think about it, maybe they had to report it because with the additional shares, it does put the ownership at more than 5%. So they had to say what amount they had prior as well as what it is now. I'm assuming they didn't acquire the initial 28 million at once.

To be in the room when those decisions were made...LOL

Not sure...one mentions total amount beneficially owned of 28,394,418 which falls below 5% owned while the other mentions total amount beneficially owned of 30,077,058 shares which hits the 5% threshold.

Form 1:
Form 2:

Looking at Form 1 it mentions the following under section Attachment A:
As of January 22, 2024, the Master Fund was the legal owner of 28,394,418 Shares. Based on there being 585,350,929 Shares outstanding as of December 18, 2023, the Master Fund's holding represents approximately 4.85% of the outstanding Shares.

Looking at Form 2 it mentions the following under section Attachment A:
As of January 24, 2024, the Master Fund was the legal owner of 30,077,058 Shares. Based on there being 585,350,929 Shares outstanding as of December 18, 2023, the Master Fund's holding represents approximately 5.14% of the outstanding Shares.

Does that mean they purchased an additional 1.6 million shares between the 22nd to 24th so they could meet the 5% threshold? Good to see Shares Outstanding didn't change though that's from 12/18.

Lol yup. 😆

I'm glad they released a follow-up 8k at least to try and explain some details. I do like that the initial conversion rate is above today's closing price. Speaking of buying and being crazy, I did wind up buying another 1000 shares in my IRA at $2.92.

Insane volume.

I believe they repaid $365 million of their 2020 debentures. I don't remember if they were convertible or not.

Heh guess that's why they threw that bombshell after the close.

I'm hoping the first benchmark the new CEO has of successfully separating the Business Units happens by summer. I believe he has six months. If that happens then hopefully everything else falls in place and maybe a larger crowd may finally notice.

Yes nice volume and close.

Yeah that comment about a CEO never attending till this year caught my attention too. It wouldn't have been glaring were it not for that comment...LOL.

For CES 2023 the investor conference was attended by the following who I feel is excellent representation of the company at the time:
Mattias Eriksson, President, BlackBerry IoT
John Wall, SVP, Head of BlackBerry QNX
Vito Giallorenzo, SVP, Chief Operating Officer IoT and Head of Corporate Development
Tim Foote, VP, Investor Relations

https://www.blackberry.com/us/en/company/newsroom/press-releases/2022/blackberry-to-host-investor-qa-at-ces-2023

New BB CEO Giamatteo posted about CES on his LinkedIn Profile: https://www.linkedin.com/posts/johnjgiamatteo_softwaredefinedvehicles-ces2024-blackberry-activity-7151623318905712640-e72B/?utm_source=share&utm_medium=member_desktop

Saw this bit of news from Amazon on the CES 2024 demonstrations and hoped to see BB mentioned but nothing yet: https://www.linkedin.com/news/story/amazon-unveils-airplay-rival-at-ces-5870996/

Maybe another 4% tomorrow for a total of 8.

Works for me.

That and then the news todays about Mobility In Harmony joining forces with BB. BB seems to be the cool kid in school. It has to pay off at some point.

I believe us being invested in BB for so long means we're married to it...LOL

Heh totally understand. BB's still on fire sale.