251 More Nails in the BlackBerry Coffin
Jul 28th 2013 5:16PM
Updated Jul 28th 2013 5:18PM
Since its peak of around $133 back in the summer of 2008, BlackBerry's share price has taken more than enough tumbles to scare investors away. And if the news from last week is any indication, investors would do well to stay away. In the following video, Motley Fool analyst Lyons George discusses why the latest round of layoffs at the Canadian smartphone company are particularly troubling -- and why even the most courageous of value investors should think twice before reaching for BlackBerry.
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The article 251 More Nails in the BlackBerry Coffin originally appeared on Fool.com.Lyons George and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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