Thread: Let's talk Nokia stock!
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specc is offline specc
2012-07-17 , 21:21
Posts: 322 | Thanked: 218 times | Joined on Feb 2012
#1845
Originally Posted by gerbick View Post
It does indicate the viability, consumer confidence and desirability of a company quickly for the average consumer. Simply stated, a falling stock price means that the folks should double take, research further. A lot of reasons for falling prices, but Nokia has a 5+ year of decisions and difficulties that have driven the price to where it's at now.

And it's "bozos". I actually like booze, so I'm somewhat offended
Yes, I agree, it indicates the viability of a company, but also the future perceived (by the byers/sellers) potential of the company. Such perceived potential tends to be much exaggerated both ways. The viability of Nokia right now is not good, but IMO much better than the stock price indicate. Nokia has shown a remarkable ability to change and stay alive, most other companies would have been gone going through what Nokia has been going through. This shows a commitment by the main share holders that is way above average, but also shows that they genuinely believe Nokia will make it.

PureView on WP8 will show if they are dead or not. I know lots and lots of people are waiting to get WP until WP8 comes, and lots and lots are waiting for PureView until it comes on a WP8. My main concern is that Nokia will do something stupid like launching a Lumia PureView with 21 MP instead of 41, or some similar stupidity in old Nokia fashion (too little RAM, one core instead of two, no bt, no FM, too small battery...). What they need is a flagship that is untouchable for a couple of years.