Thread: Let's talk Nokia stock. Really.
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shinogami is offline shinogami
2012-10-23 , 11:00
Posts: 73 | Thanked: 29 times | Joined on May 2012
#626
Originally Posted by kojacker View Post
Nokia stock price has tumbled 6% today on the news they are planning to issue 750million Euros of convertible bonds to boost their cash balance

From http://www.ft.com/cms/s/0/ac698a38-1...44feabdc0.html
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An act of desperation. What a fool I was, buying more stock at 2.17 EUR. I don't think there's any way out of the mess that Mr. Elop created. Nokia will be bankrupt soon. At least my losses are rather marginal.. imagine the people who wasted 10s of thousands to the stock