28 Jun 2013 BlackBerry Springs a Value Trap
On paper the company looks cheap with some $3.1 billion of cash on its balance sheet and a business that spins off money at a decent clip.

The problem with investing on those metrics is that BlackBerry has no intention of closing its doors and sending the cash back to investors. In this morning’s bombshell of a report Heins said the company would be “increasing our investments to support the roll-out of new products and services and to demonstrate that BlackBerry has established itself as a leading and vibrant player in the next generation of mobile computing solutions for both consumer and enterprise customers.”