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Posts: 840 | Thanked: 823 times | Joined on Nov 2009
#1792
Originally Posted by kojacker View Post
I'm assuming Lumiaman is playing the 'long' game and over 3 or 4 years he may see a healthy return on his investment. It's not impossible to see a sucessful Nokia returning to $3-$4, possiblty a little more. He's bet everything on WP8 being a success, but that is far from a certainty. It may even be the least likely outcome, and in any other instance he could (and possibily very badly) lose a lot of his investment.

So the 'long' game may still work out for him. In the meantime, you have to wonder could his money be earning better for him elsewhere? I'd say yes.

Edit; I had missed the $5/stock the first time, hopefully he doesn't have too much of that in his portfolio and a lot more of the $1.90's. Expecting much return on $5 NOK is very optimisitc imo, but I hope it works out for him
His long game is 2 years and he expects it to hit $10 in May. He has kept repeating "time to buy more" every month for almost a year I believe, claiming it has hit rock bottom a while back. He could have waited like any smart person would. I wouldn't take his advice seriously, I doubt he even has a vested interest in Nokia other than a psychological one. I believe come July 20th it can go slightly lower.

Last edited by Cue; 2012-07-11 at 14:51.