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Hope For Blackberry Ltd As Prem Watsa's CEO Pick Makes Moves

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Mark Melin
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The reign of BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) CEO John Chen could be measured by hedge fund executives shortly, as analysts await earnings results so they can gauge a rather sharp turn in strategy under the new CEO.

Hope For Blackberry Ltd As Prem Watsa's CEO Pick Makes Moves

BlackBerry’s Prem Watsa was behind the installment of Chen as CEO

Readers will recall previous reports in ValueWalk noted that V. Prem Watsa, V. Prem Watsa, chairman and chief executive officer of Fairfax Financial Holdings Ltd (OTCMKTS:FRFHF) (TSE:FFH), BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB)'s largest shareholder, was behind the installment of Chen as CEO.

Chen has...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.