Daily Archives: February 24, 2014

Blackberry, I believe.

Maybe it's because I lived in Cambridge for 20 years and its proximity to Waterloo, Ontario (aka. Blackberryland) brainwashed me. Maybe it's because I have bought and sold Blackberry stock twice over the past 10 years and came out ahead. Or maybe it's simply a case of believing that you can't keep a good product or idea down.

Currently into round three of my love affair with Blackberry stock, I'm bleeding money. I bought the stock at a higher rate than it's current $10-$11 per share (OK, a whole lot higher) and my investment portfolio has been tanking for the past six months.


But give up on Blackberry? Never. In fact, I might just purchase more of the volatile stock.

Why? Because I believe.

I believed in Blackberry when it was created by engineering students Mike Lazaridis and Douglas Fregin in 1984 and was called Research In Motion. In 1992, Lazaridis hired Jim Balsillie. The (more…)