What has not been mentioned how curious the timing of this offer has been. BBRY just did a massive writedown basically valuing all their newest phone inventory

What has not been mentioned how curious the timing of this offer has been. BBRY just did a massive writedown basically valuing all their newest phone inventory at $0. BBRY also changed the way they record sales so it looks like they have a bigger sales drop than they really did(they still had a very bad drop). To have all these bad news and then for Watsa make what is effectively an insider bid for a company after participating in such negative news(resigning from the BBRY board a few weeks earlier does not count), smacks of something "unethical". Why didn't he make a $12 bid a few days earlier? It is obvious Watsa knew the bad news and could make an informed bid. A lot of regular investors are feeling extremely hurt by this. If I had invested in BBRY at say $10 hoping for a longer term turnaround, I would be upset as well. To a regular investor it looks like the big boys not playing fair. Not that life is fair or anything.