Prem Watsa Down $130M on Research In Motion Ltd (BBRY)

HFA Padded
HFA Staff
Published on
Updated on

Prem Watsa, a member of the board and the largest shareholder, at Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB) is still confident the company can resurrect its fortunes according to the most recent Fairfax Financial Holdings Ltd (PINK:FRFHF) (TSE:FFH) shareholder letter. The company is down an estimated $130 million on the Canadian handset manufacturer. Prem Watsa frames the Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB) story as the antithesis of the Dot Com Bubble. The firm fell to a low of $6.22 in the second half of 2012. At that price the firm’s valuation was one third of the book value per share. The…

On This Page

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.