Thread: Let's talk Nokia stock. Really.
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kojacker is offline kojacker
2012-10-16 , 14:21
Posts: 1,086 | Thanked: 2,964 times | Joined on Jan 2010
#511
Originally Posted by shinogami View Post
But Nokia didn't post any warnings. Thus their earnings will be as or better than expected..

edit. + 7.32% right now

every time I edit it goes up..
It goes up just before every earnings release. $3 seems to be the restrictive ceiling on the stock.

Don't put too much faith in no profit warning being good news. A profit warning is only issued to soften the blow to investor analysts. The majority of investor analysts (from what I can see, 17 out of 18) have a neutral to pessamistic view on NOK stock so there's no need to soften the blow. There'll be some good news with the Asha line and money generated from sales of assets, on the other side possibly a lot of cash burn and poor performance from the Windows Phone range.
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