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-   -   Let's talk Nokia stock! (https://talk.maemo.org/showthread.php?t=56370)

lma 2012-07-06 15:24

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Dave999 (Post 1232951)
Stock can't reach 0. Then it's not a stock anymore and the company is gone.

Exactly. Although more realistically for NYSE the bottom would be 1.00 as they automatically delist the stock if it stays under that for 30 days.

Quote:

And if it's close to 0 the company can initiating programs to get more money into the company and change the structure and value of one share. (if investers wants to invest more money)
I'm sure several of the posters here would still think it's great value and jump in :-)

Dave999 2012-07-06 15:38

Re: Let's talk Nokia stock!
 
Under right circumstances. I'm in!

mikecomputing 2012-07-06 16:18

Re: Let's talk Nokia stock!
 
What the hell is going on Nokia stock still falling... 4% this week.

mscion 2012-07-06 17:54

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by Dave999 (Post 1232951)
Stock can't reach 0. Then it's not a stock anymore and the company is gone. And if it's close to 0 the company can initiating programs to get more money into the company and change the structure and value of one share. (if investers wants to invest more money)

I hope the value goes below zero. Then they pay you to own stock! Of course, then the problem is that you actually own Nokia stock...

Dave999 2012-07-06 18:16

Re: Let's talk Nokia stock!
 
Quote:

Originally Posted by mscion (Post 1233050)
I hope the value goes below zero. Then they pay you to own stock! Of course, then the problem is that you actually own Nokia stock...

Not possible.

zwer 2012-07-06 18:20

Re: Let's talk Nokia stock!
 
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...

Dave999 2012-07-06 18:30

Re: Let's talk Nokia stock!
 
Nokia should buy rhis company. A great investment.

http://www.cloudberrytec.com/

Lumiaman 2012-07-06 18:32

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.

zwer 2012-07-06 18:36

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.

Dave999 2012-07-06 19:57

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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