Since its peak of around $133 back in the summer of 2008, BlackBerry‘s (TSX:BB) falling share price has scared a lot of 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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This post was created by Fool.com contributor Lyons George.
Fool contributor Lyons George does not own shares of any of the companies mentioned at this time. David Gardner owns shares of Apple and Google. Tom Gardner owns shares of Google. The Motley Fool owns shares of Apple and Google.