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Mike Lazaridis buys $50 million more RIM shares

0. phoneArena posted on 28 Jan 2012, 23:52

Deposed RIM co-CEO Mike Lazaridis is so confident that he and Jim Balsillie have left RIM moving in the right direction, he has purchased an additional $50 million of RIM stock; Lazaridis calls himself a major stockholder and says that RIM has a "strong balance sheet"...

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posted on 28 Jan 2012, 23:56 5

1. GeekMovement (unregistered)

he's got a really big face..

posted on 29 Jan 2012, 04:30 2

2. drahmad (Posts: 480; Member since: 20 Aug 2011)

Lazaridis ! You have made one of the worst decisions of your life. Once a company starts declinng so fastly, it becomes so difficult for it to turn the tables.

posted on 29 Jan 2012, 05:41 6

3. akita256 (Posts: 81; Member since: 26 Jan 2012)

He's chairman of the Innovation Committee???? That's enough to make a dog laugh!! His problem the whole time he was co-CEO in the latter years was there was no innovation at RIM and not even a desire to know what the competition was producing. I can't believe they kept this Bozo on the board.

posted on 29 Jan 2012, 08:35 3

4. deepinsideyourmom (Posts: 10; Member since: 28 Jan 2012)

Well said this fat shmuck couldn't innovate his way out of a wet paper bag, I love RIM, they just let the competition fly by them now it's almost too late to catch up hopefully the new ceo can resurrect this Company and get them back into the game, but it's not going to happen overnight this will be a long process. I blame Mike's Mom if I had gone over to her house and had a "talk with her" a long time ago(check the username) she wouldn't have let her son fail like that.

posted on 29 Jan 2012, 08:58 1

5. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)

Just more proof of how out-of-touch with reality one of the co-Bozos was.

posted on 29 Jan 2012, 09:22 2

6. Striker (Posts: 92; Member since: 06 Nov 2011)

This greek guy(Lazaridis) is one of the most retarded company bosses I have ever seen. Because of this fool, RIM slept through Iphone, Android and now they will do the same with WP boom. Remove this inadequate person now, if you want to exist!

posted on 29 Jan 2012, 09:27 2

7. remixfa (Posts: 14604; Member since: 19 Dec 2008)

invest all you want, just get the hell off the board all together dude. having you there trying to sway the new CEO with all your "i started this company" bull crap is just going to retard growth even further. take your 50 million in shares you just bought and go home. geesh.

posted on 29 Jan 2012, 13:06 1

8. savien808 (Posts: 59; Member since: 27 Aug 2011)

I would love to advertise blackberries amongst the younger generation!

posted on 30 Jan 2012, 13:04

9. mozes316 (Posts: 142; Member since: 30 Sep 2011)

Good to see all of these CEOs of multi-million dollar companies all here writing comments and passing judgment.


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