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Blackberry

Submission + - BlackBerry founder abandons ship (yahoo.com)

drdread66 writes: Research In Motion co-founder Jim Balsillie confirms what Slashdotters have suspected for quite some time: RIM (now BlackBerry) is doomed. Reuters reports today that Balsillie dumped his entire stake in BlackBerry at the end of 2012. While it's common to see high-level executives sell some of their shares to gain some liquidity, it's unusual to see them exit their positions completely. This has to be seen as a massive vote of "no confidence" from someone who was on the inside long enough to know what's going on in the company.

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