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