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Former RIM co-CEO Jim Balsillie sells his stake in BlackBerry

By Jos · 4 replies
Feb 14, 2013
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  1. How’s this for a vote of confidence in the newly reformed BlackBerry. Jim Balsillie, the former co-CEO of then-known-as Research in Motion is no longer the third-largest shareholder in the company after selling a roughly 5.1% stake in the Canadian...

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  2. MilwaukeeMike

    MilwaukeeMike TS Evangelist Posts: 2,875   +1,206

    "How?s this for a vote of confidence in the newly reformed BlackBerry(?)" I know that the price went down today, but selling off your shares doesn't always mean the exec thinks there's trouble on the way. The last guy to do this was Eric Schmidt wasn't it? And Google sure isn't have any problems.

    Anyway, the new CEO is really named Thorsten?! If I had to pick a CEO, I'd pick a guy named Thor.
  3. Ranger1st

    Ranger1st TS Evangelist Posts: 348   +124

    He's the d*nk that put RIM in this spot in the first place.. arrogant, self involved SOB. Glad he's out,
  4. ArthurZ

    ArthurZ TS Rookie Posts: 79

    Very unethical in my opinion, but the money make the earth go round.
    It will dent Blackberry's shares value for sure.
  5. Tekkaraiden

    Tekkaraiden TS Evangelist Posts: 997   +93

    Probably cashed them out to fund his next project.

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