Re: Let's talk Nokia stock!
 

http://www.sbwire.com/press-releases...y-3-150464.htm

"Nokia Corporation violated the Securities Exchange Act of 1934. Specifically, the plaintiff alleges that defendants told investors that Nokia's conversion to a Windows platform would halt its deteriorating position in the smartphone market, but it did not.,"

Damn straight. I want my money back :D

Re: Let's talk Nokia stock!
 

But up until today you could still buy it.

Re: Let's talk Nokia stock!
 

Moving to the Windows platform will halt it's deteriorating position. Nokia didn't specify when. According to Tomi it might happen at 2% market share. The other safe bet is at 0%.

Re: Let's talk Nokia stock!
 

Moving to Windows hasn't halted anything. In fact, it's now gone from an ecosystem that can save Nokia, to "I've misread the markets" to now "we will have to build newer hardware to upgrade... sorry Lumia 800/900 folks but be ready for the next, real Windows Phone" (read: bring money) and bear with us on this two year turn around.

About the same time this "correction" was wholly salvageable. They just didn't know when to hold their cards close to their chest and hush their mouths (read: Elop)

After the public resignation/firing of the MeeGo crew, the same folks that published the very first WP7 apps, Nokia's stock will invariably take a hit. I predict (horribly so usually) that the price will now hit $1.50.

Re: Let's talk Nokia stock!
 

Not now, but on July 19 most certainly. And I dare not to predict how low will it sink once they release a profit warning for the Q3...

Re: Let's talk Nokia stock!
 

Jean Louis Gassé (ex Apple/HP/IBM) has been consulted by Nokia few years ago. He give them the advice to swtich to Android. ah ah ah...

I told Nokia to go Android, Elop and the board should be fired: Former Apple exec Jean-Louis Gassée

http://www.igeneration.fr/0-apple/je...id-nokia-96782

Re: Let's talk Nokia stock!
 

And for the majority of us who can read English:
http://www.computing.co.uk/ctg/news/...-gassee/page/1

Re: Let's talk Nokia stock!
 

It's technically challenging to fire a board. But I am pretty sure that an extraordinary general meeting with a pre-presented alternative would raise quite few votes from stock owners.

gerbick, nobody said that moving to Windows has halted Nokias deteriorating position. As I pointed out, it will halt the downfall.

Technically, if Nokia said converting to Windows Phone will stop it from losing marketshare, without specifying a time window, then that is only untrue from the day switch away from Windows Phone. If they go bankrupt/leave the market while still following the Windows strategy, then their claim remains true.

When you can't fall any further, the downfall is halted. And the switch to Microsoft has even arguably sped up the process of halting the downfall. They can't go on like this very long before there's no more down to fall.

That still makes it the crappiest strategy since "name every phone an iPhone killer just to make the iPhone seem untouchable", but in their mistaken optimism they probably stumbled over the truth by accident.

Re: Let's talk Nokia stock!
 

@dan ramos!
sorry, I've put french link_ :) thanks!

Re: Let's talk Nokia stock!
 

Gassée is right of course, but even if that happens today it's too little too late. The company has lost all credibility with consumers and investors, the teams and projects that had any chance of being competitive have been dismantled, the talented engineers have all moved to greener pastures, the factories have shut down and the bank accounts have been depleted. All that's left is the bean counters to sell the patents to the first troll that comes along (or, alternatively, turn Nokia into one) and put the final nails in the coffin.

Re: Let's talk Nokia stock!
 

In the meantime, NOK on NYSE is down to mere $2.01 - a penny away from the psychological limit... The way it started, it may very well go under $2 today, sooner than I expected...

Re: Let's talk Nokia stock!
 

P.S. Speaking of stock price, here's an interesting comparison:

http://i46.tinypic.com/t5kfau.gif

:rolleyes:

Re: Let's talk Nokia stock!
 

Btw. What has happened to you? you are only posting here in this god forsaken thread. Warum?

Re: Let's talk Nokia stock!
 

Hmm. How to explain this. IMO MS is not threatened not yet. They still have the PC market with all the hottest games, and Office and servers. No matter what happens to the mobile industry, people still will have to work (MS Office), and the server market will soar when more and more people use smartphones and becomes connected to the cloud.

Nokia on the other hand is backing off in a market of extreme growth. That is not good, and therefore the stock price is way below what is should be based on the value of the company.

Re: Let's talk Nokia stock!
 

Plus Microsoft has surface and Windows 8 on the way to the market. What nokia has for the future is still nothing. If nokia said. We have an super cool tablet and a new lumia kick associated with 41 mp and wireless Charing. The value would hit micro dollars values in no time. Stock is not about result. It's about future and expectations. Now, why is I'm not in Elop shoes...

Re: Let's talk Nokia stock!
 

I've been watching other threads of interest to me--but there's really hardly anything going on. Generally, the whole TMO scene has gotten pretty boring/quiet/uninteresting--especially when all I have is a now rarely-used N800, I'm disinterested in buying a Maemo device with a phone and the N9 is a dead-end device for Maemo/MeeGo. These platforms are, effectively, pretty dead and there's no way in hell I'd want a Windows OS tablet. I keep hoping for some intelligence to suddenly strike Nokia, but it doesn't look like it. ...And THAT'S about all we can talk about when we look at the future of Nokia and especially Maemo. What else did you expect?

Re: Let's talk Nokia stock!
 

So... any new news for the Android thread man? I've been using my Xoom more and more, waiting on the Chameleon launcher and using the Team EOS nightly builds...

Re: Let's talk Nokia stock!
 

Hah! Too much news to bother with it here. I've mainly been buzzing it up all over Google+ and the Droid Fans group on Facebook. Already reserved my Nexus 7 to get off of my Galaxy Tab 7 (OG) but I get the feeling I'm not ready to get rid of my Galaxy Tab quite yet even one I get the new one. heh I've been hanging tight onto my ICS (AOKP) while I wait and watch how Jellybean runs on the Galaxy Nexus but so far, NOBODY seems to be complaining. I might just have to go ahead and flash it on my phone. It seems to be quite an positive experience for everyone pretty universally.

...Also, just to be a little relevant to Maemo.. Even considering my continued attachment to my Galaxy Tab 7 (OG) and Droid (OG) (both still using the latest updates of apps, ironically), no such excitement for my N800. *sigh*

To end on a positive note... OMIGOD the amazing native USB/OTG/HID/joystick/keyboard/mouse/drives/etc support in Jellybean... Hooooooly crap!!! :)

Re: Let's talk Nokia stock!
 

OK. Yes, now there is nothing. I think I will do a properr reflash of my N9, tinker a bit, and put it to rest. Stupig Google wwont release the Nexus 7 outside us/uk/aus before they have the full google play up and running. Music, videos, hw, not just apps. According to rumors, it may take a yeaar or more, although Google themself wont say anything deffinite. The point is, I have no idea when, it can be 3 months, it can be 18. The Surface on the other hand, will be here just as soon as anywhere else. The lust for new and shiny is much larger than old grudges, so that decision is pretty much sealed. Whatever is released first.

Besides, I actually enjoy my Lumia 800. I never thought that moment would happen. But tthe ui is a masterpiece, when you get past the lack of features, lack of multitasking and let it simply do it's job. With a much more capable NT kernel, this may be cool.

But maemo, meego is definitely dead.

As it turns out, Nokia looks to be surviving. Much thanks to Google not having their full ecosystem up andd running world wide. Full steam with Surface, WP8 andd Win8 and Google unable to do anything about it. Interesting times ahead, that's for sure.

Re: Let's talk Nokia stock!
 

My biggest prob... I can't go below the 10.1 inch screen on my Xoom. Not because of resolution, but real estate.

I might check out the Nexus 7, if it feels right, I'll buy it, hack the ever loving daylights out of my Xoom even further.

Found out Chameleon will support the Nexus - but I need to find out if it'll be a chore or easy to get root and if I'll love the movies/videos.

Or... if I can trade the Xoom out - I might do that. 3rd gen iPad, HP Touchpad, finally got rid of the Amazon Fire and a Xoom. That's pretty bad.

Re: Let's talk Nokia stock!
 

It seems they're both 1280x800 so you should be fine.

Re: Let's talk Nokia stock!
 

Like I said... not because of resolution.

Real estate... size. I'm used to the bigger sizes.

Wow. That's a setup for a "that's what she said" joke like no other...

Re: Let's talk Nokia stock!
 

Do you think nokia will announce anything before nokia world in september?

We are lucky that we have these maemo deices because wont see anything like that anytime soon.

anyway samsung will eat you all for breakfast, lunch and dinner.

http://www.reuters.com/article/2012/...8641B420120705

Re: Let's talk Nokia stock!
 

We have already seen leaked pictures of (at least one incarnation) of the Lumia PureView, and it looks cool (even though GSMArena obviously does not). http://www.gsmarena.com/is_this_noki...-news-4065.php

And we know Nokia has multiple PureView phones in the line. Some 42 MP, some less, maybe 20?

I think they will not announce anything before they know it is ready. They will not do a "N8" again. It my be september, but who knows, maybe earlier.

Samsung, HTC and Huawei will help boost sales of the Lumias. At least initially. Later it may become a competition, but all of them want WP8 to succeed. That is much more important for them than to beat each other at least for some years to come.

Nokia will be king of camera with PureView, they will also be king of cheap phones WP7.
Samsung will probably launch a "WP version" of the S3.
HTC will just continue with whatever they are doing, making uninspired slates. Same for Huawei.

Re: Let's talk Nokia stock!
 

Samsung has high interest in many OS's. They just dropped an inhouse OS that had equal market share as (Windows Mobile + Windows Phone), to work with Intel on Tizen. They ONLY want to be biggest in the world, they don't care what platform they are biggest on.

Re: Let's talk Nokia stock!
 

Nokia (NOK) share price currently sitting at $1.97 pre-market open. It should rally a little once markets open, but I really didn't think we would see prices under $2 until end of next week/leading up to the results call. It didn't seem that long ago I was looking at prices of $3.14.. with the price seemingly about to duck below $2 we must surely be heading into takeover territory...

Edit: Market (NYSE) now open, NOK opened at $1.96 and currently trading at $1.97

I just noticed that 12% of NOK is owned by institutional investors such as pension plans :rolleyes:

Re: Let's talk Nokia stock!
 

I still think they are a great buy. They have hit rock bottom.

Re: Let's talk Nokia stock!
 

I don't believe they have hit bottom yet. Currently the price is still dropping, down to $1.93 now. It's a little cheap, but not a great buy - talking about pennies a share. Unless you plan to hold onto them for 2+ years in the hope of a turnaround, but your money would be earning better elsewhere imo.

The quarter 2 earnings release is on July 19th and I can't imagine it will be good news.. expect the share price to drop lower again around then.

Edit: Not directly related, but more bad news for Nokia in China today

Re: Let's talk Nokia stock!
 

The bottom is, by definition, at zero. Still some way to go.

Re: Let's talk Nokia stock!
 

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)

Re: Let's talk Nokia stock!
 

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.

I'm sure several of the posters here would still think it's great value and jump in :-)

Re: Let's talk Nokia stock!
 

Under right circumstances. I'm in!

Re: Let's talk Nokia stock!
 

What the hell is going on Nokia stock still falling... 4% this week.

Re: Let's talk Nokia stock!
 

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...

Re: Let's talk Nokia stock!
 

Not possible.

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...

Re: Let's talk Nokia stock!
 

Nokia should buy rhis company. A great investment.

http://www.cloudberrytec.com/

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.

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.