Prem Watsa Down $130M on Research In Motion Ltd (BBRY)

Prem Watsa, a member of the board and the largest shareholder, at Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB) is still confident the company can resurrect its fortunes according to the most recent Fairfax Financial Holdings Ltd (PINK:FRFHF) (TSE:FFH) shareholder letter.

The company is down an estimated $130 million on the Canadian handset manufacturer.

Prem Watsa frames the Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB) story as the antithesis of the Dot Com Bubble. The firm fell to a low of $6.22 in the second half...