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Let's talk Nokia stock!
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volt
2012-07-18 , 19:13
Posts: 1,309 | Thanked: 1,187 times | Joined on Nov 2008
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Meanwhile, in NYSE:
Wednesday: bobbing around 1.66 to 1.72, compared to where it started Monday at 1.84, or 2.54 a month ago.
At this cent/month delta, $1 in little over three weeks. At a more long term cent/month delta, it's still down 0.5 per month since before the memo. That's approx. six weeks. Nokia is running out of time.
Before that, they are expected to present quarterly results below initial expectations, which usually is bad. However, real expectations below publicized expectations is the new standard now, so below expectations can, ironically, still be above expectations and give a short, positive lift.
To me it would be somewhat surprising if all of the leadership, the ownership, the strategy and the stock quotes are still in place two months from now.
Now's a good time to troll buy advice or tell anecdotes about the long term. It can't be a good time to be an Elop apologist, though.
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Last edited by volt; 2012-07-18 at
19:22
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