The market welcomed Friday the breath of fresh air blowing on RIM, including the departure of its founder, but to many analysts the company's future remained uncertain.
Paradoxically, the action of Research in Motion (RIM) gained more than 6.65% stock market in Toronto and New York at 14:30, following the release Thursday of results still disappointing and the announcement of a new change of management group.
For Gregori Volokhine, director of brokerage firm asset management Meeschaert New York, the rebound of the action is explained by the balance of millions of options to sell shares short (short-selling), which resulting in share repurchases.
The movement was caused by the new owner of RIM Thorstein Heins, in office since January and has not ruled Thursday the sale of the group by announcing a "comprehensive review" of its strategy.
"There was a 13.6% stake in RIM, or 60 million shares that were sold short", that is to say that investors, betting on the decline of the title, were indebted to sell shares they had not yet purchased, counting on a future lower prices, said Volokhine.
"So people who are afraid to have discovered that there is an offer on RIM" that makes up the title and that would result in heavy losses if they keep their options short sale, he added.
The increase of Friday did not mean that a renewed confidence on the part of investors in the Canadian manufacturer.
However, analysts were pleased with the tone as the new head of RIM adopted by commenting on the results for them and who, by his frankness, diametrically contrasted with that of the former leadership of company founders.
"He has not only acknowledged that RIM had real problems to solve but it also listed a number of actions to bring about the changes expected as needed by the company", noted the firm's analysts Friday Trefis, while wondering if it was perhaps not too late.
Thorstein Heins said his priority was to refocus RIM on what the group knows best, that is to say the corporate market, and ensure that the new BlackBerry-10 platform, the new phone be launched later this year, becoming the group's hope of salvation.
"The mere fact of having a new platform perceived by others as having the potential may well provide the undertaking luster it needs to be seen as a candidate for a takeover," judged the Deutsche Bank analysts.
But for the site 247wallst.Com analysts, "the new CEO Thorsten Heins will be unable to break the vicious circle for BlackBerry sales. Sales of smartphones are dominated by products under system Android (Google) and Apple products ".
"Even the market on which the BlackBerry is best positioned, that companies and governments, has eroded," the site.
The tone was not optimistic in the Canadian press: "RIM rhyme more with RIP (Ed.: abbreviation for 'rest in peace')," headlined the daily La Presse of Montreal.
For the newspaper, is the inability of the company to "renew themselves or come up with improved products in a market in continuous change which is the foundation of all his problems."
Paradoxically, the action of Research in Motion (RIM) gained more than 6.65% stock market in Toronto and New York at 14:30, following the release Thursday of results still disappointing and the announcement of a new change of management group.
For Gregori Volokhine, director of brokerage firm asset management Meeschaert New York, the rebound of the action is explained by the balance of millions of options to sell shares short (short-selling), which resulting in share repurchases.
The movement was caused by the new owner of RIM Thorstein Heins, in office since January and has not ruled Thursday the sale of the group by announcing a "comprehensive review" of its strategy.
"There was a 13.6% stake in RIM, or 60 million shares that were sold short", that is to say that investors, betting on the decline of the title, were indebted to sell shares they had not yet purchased, counting on a future lower prices, said Volokhine.
"So people who are afraid to have discovered that there is an offer on RIM" that makes up the title and that would result in heavy losses if they keep their options short sale, he added.
The increase of Friday did not mean that a renewed confidence on the part of investors in the Canadian manufacturer.
However, analysts were pleased with the tone as the new head of RIM adopted by commenting on the results for them and who, by his frankness, diametrically contrasted with that of the former leadership of company founders.
"He has not only acknowledged that RIM had real problems to solve but it also listed a number of actions to bring about the changes expected as needed by the company", noted the firm's analysts Friday Trefis, while wondering if it was perhaps not too late.
Thorstein Heins said his priority was to refocus RIM on what the group knows best, that is to say the corporate market, and ensure that the new BlackBerry-10 platform, the new phone be launched later this year, becoming the group's hope of salvation.
"The mere fact of having a new platform perceived by others as having the potential may well provide the undertaking luster it needs to be seen as a candidate for a takeover," judged the Deutsche Bank analysts.
But for the site 247wallst.Com analysts, "the new CEO Thorsten Heins will be unable to break the vicious circle for BlackBerry sales. Sales of smartphones are dominated by products under system Android (Google) and Apple products ".
"Even the market on which the BlackBerry is best positioned, that companies and governments, has eroded," the site.
The tone was not optimistic in the Canadian press: "RIM rhyme more with RIP (Ed.: abbreviation for 'rest in peace')," headlined the daily La Presse of Montreal.
For the newspaper, is the inability of the company to "renew themselves or come up with improved products in a market in continuous change which is the foundation of all his problems."
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