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View Full Version : BlackBerry analysts say Lazaridis was smart to sell shares



Wireless News
12-26-2013, 07:10 PM
http://l3.yimg.com/bt/api/res/1.2/GcqEiszx8rhZ4mlrl4bHyA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/blackberry-sign-233.jpg (http://news.yahoo.com/blackberry-analysts-lazaridis-smart-sell-shares-230504409.html)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 liquid stock,” said Daniel Ernst, an analyst at Hudson Square Research. “I think they’re finally seeing the writing on the



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