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Re: Let's talk Nokia stock!
If Nokia is to survive, they can't drop much further than they already did. I don't think a dollar fifty is the "right" price for a surviving Nokia. As such; I believe there's a chance to earn now. Downside is, it's not a safe investment at all.
That's why you have a chance at winning large, I guess. Seems to me Nokia has the cash to live till Windows Phone 8 Flops, chances are you can cash with profit before that. But I'm nobody. |
Re: Let's talk Nokia stock!
Dividends are paid from retained profits, it has no impact on your profit and loss account in the current period whatsoever.
The profits being distributed to shareholders now will have been generated by sales of Symbian devices in previous financial years. If Windows Phone continues to fail retained profits will be eaten away by losses, bank balances will rapidly diminish and dividends will just become a fond memory. |
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Re: Let's talk Nokia stock!
The stock has swung from being way undervalued at $1.63 to now over-valued (imo) at $2.41. My own feeling is that the stock is worth around $2.17 at this point. Two things are driving the price - the quarterly results showing Nokia had more reserves of cash than the market had expected, and more recently the sheer volume of trades is escalating the price. Today, for example, 92.1 million NOK shares traded (1.8 times its average daily volume).
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http://www.telecomtiger.com/Wireless...2§ion=S216 |
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Re: Let's talk Nokia stock!
Above 2 € now, and climbing. :D
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http://bors.e24.no/e24/images/chart/...be1be8cbf2.png
6 month view, NOK1V Helsinki, price in €. If you bought a week ago, you could make a nice profit unless you sit too long. |
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