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Re: Let's talk Nokia stock!
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Re: Let's talk Nokia stock!
Under right circumstances. I'm in!
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Re: Let's talk Nokia stock!
What the hell is going on Nokia stock still falling... 4% this week.
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Re: Let's talk Nokia stock!
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Re: Let's talk Nokia stock!
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Well, the psychological barrier of $2 has been broken, expect to break the €1.5 on OMX on Monday, and it will probably decline another 5-10% by July 19th and the release of Q2 report which will probably send it plummeting towards the bottom another 15-20%, but the real kicker will be when they release the profit warning for Q3... If you are looking to get away from it, or to short - you shouldn't wait much...
What I find the most hilarious is that the way NOK vs RIMM is progressing, we might live to see the day when their market caps become equal - while RIMM took quite some beating, unlike NOK it at least have some ups as well. Well, that's not hilarious, that's sad - but hilarious are people who are defending Elop and Nokia BoD... OPK's head rolled for far less than this... Either way, by the end of the year, somebody will either take over Nokia (which might at least return some money to the investors unfortunate enough to be stuck with the NOK stock) or they'll belly flop. No rational reason to expect any different outcome... |
Re: Let's talk Nokia stock!
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Re: Let's talk Nokia stock!
Stock market is nothing but gambling. It often has little to do with what is going on in the company, nor does it know what the future holds. Bad news abound around Nokia, but their path is pretty straightforward. Shed the dinosaur skin and enter the modern era. They are doing it, and I suspect that the stock, which by the way should not be less than RIM, will rebound in about 8 months.
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Re: Let's talk Nokia stock!
People who have no idea about the stock market consider it a gambling arena. Brokers and smart investors thank ye for providing them with your hard earned cash. When a man with experience meets a man with money and no experience, the man with experience walks away with the money, while the experience doesn't necessarily transfer...
btw. AFAIK, you need to be of age of majority in order to trade on the stock market, so you can stop pretending that you are buying Nokia stock. |
Re: Let's talk Nokia stock!
Well it's not the investors we shall beat. It's the trading bots and the algorithms. They are trading so fast they can break the whole stock exchange:mad:
I'm down 800 euro with nokia so it's not big money I will be in to the end. Unfortunately, can't blame the bots on this one. |
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