Trading of BlackBerry shares halted on North American markets

[nuckin_futz]

The real value here is the patents and cash. Their hardware business is worthless. There has been quite a patent battle going on the last few years between the phone makers. Just look at what Google paid for Motorola. They didn't buy them because they think they can sell that crappy Razor phone. They were only interested in the patents.

BBRY trading in the $8.50's is a bit if a head scratcher. I guess people are betting Fairfax's due diligence will turn up more disasters. As they say "there's never just one cockroach". The breakup fee for calling the deal off is miniscule.

There's 150m shares sold short and those people don't seem to be in any hurry to cover those positions.