Gerbick, I know there is no way to get a straight answer from you what your point is, but maybe you can explain:
[*]Nokia stock is on a downward trajectory since 2007
[*]A new CEO is brought in, presumably to reverse the downward trend
[*]Nokia shares gain slightly over the next few months (from about $8.50 to about $11.50, which is about plus 35% from worst to best)
[*]CEO introduces his new strategy and stock is down 20% within 2 days (actually more than 25% if you include the drop in share price on Thursday right before the new strategy was revealed)
In the meantime, the tech heavy Nasdaq Composite index is up more than 25% within the last 6 months.
What did Nokia management do to increase shareholder value?
What did Elop do differently to comfort the markets?
If Microsoft is not the plague for Nokia, why does the market think that they have to cut 20% off Nokia's value within 2 trading days after announcement of the new strategy?
Is the market just wrong? Or is the market right and tells us "too little, too late, wrong direction"?