RESEARCH IN MOTION UP 10% RIGHT OFF THE BAT on heavy volume – CAN IT BE THE LONG AWAITED BID IS IMMINENT? IF SO $12-14 BECKONS
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Other talk is that Samsung (a name that has been in the frame many times this last few months) is courting the company with a view to licensing its BB10 platform – if this is the case then this will likely underpin earnings for the company for the forseeable and perhaps allow a re-rating back towards tangible book that sits just over $9 a share.
Such a licensing deal will likely force the hand of any predator that has been waiting in the wings.
Keep buying.
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