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Posts: 1,086 | Thanked: 2,964 times | Joined on Jan 2010
#815
Originally Posted by shinogami View Post
Look who was buying Nokia lately..

Goldman Sachs +90%
Morgan Stanley +640%

..

http://www.nasdaq.com/symbol/nok/ins...ings/increased

HOLD or BUY, the shorters are f***ed

Also, I totally called yesterday's mini short squeeze. I think the stock might jump another 10% still this week..

ps. If Nokia doesn't increase its guidance before the next earnings call, I'll definitely sell everything, and then buy back after the fall..
The spike in share price was caused by hedge funds rushing to cover their positions after selling the stock short in recent weeks.

Anyone who bought in the $1.60s must be very tempted to reap in the profits while the news is still fairly positive!
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Last edited by kojacker; 2012-11-23 at 13:15.