Cool story, bro, wear it proudly!



To be honest, you can't compare a single-day 14+% drop with a three year drop. And you can't know that the drop will continue down to oblivion, or will get better in the following months. Also, the fact is that Nokia started to gain momentum again in mid '09, but then messed it up completely in '10 - '10 was their chance for a comeback, they completely screwed it. Anyway, the LSE opens up soon, we'll see if the weekend managed to dampen the drop a bit, but I'd be highly skeptical of that - the stock will probably fall for another 5-10% before stabilizing, and from there - nobody knows where it will go, your guess is as good as mine.

But I think it will be going steadily down - '11 will be probably the year with record low profits for Nokia as they will have difficulties sell Symbian devices and they won't have any WP7 devices even if those would be able to save them. Laying off excess employees and cutting R&D budgets will probably help to slow down the descent, but playing with NOK stocks atm. is extremely risky and not for the fainthearted.