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Posts: 84 | Thanked: 32 times | Joined on Sep 2010 @ Ames IA, USA
#1
Nokia shares have dropped really low today to $7.80

Nokia shares have never been this low for a long time. This is a good time to buy into Nokia.

I think one day Nokia shares will be up to $300 just like Apple. After all Nokia is the largest phone producer and they are too big to fail despite their deal with Microsoft (which I think is causing their decline in shares)

Imagine buying 10 shares today for $7.80 and selling those 10 shares 1 or 2 years from now for $300 each. (Assuming Nokia shares rise to $300)

I believe in Nokia and bought shares for the first time today from Nokia. About 10 shares at $7.84 each. I will hold on to these shares and hope that Nokia shares rise to $300 one day. Then I will sell them.

Companies like google had their shares start at about $100. Now Google shares are about $560.

So what is my message. After watching a show on CNBC, my message is now that Nokia shares are down and affordable, this is the best time to buy them, then sell them later on when hopefully they go up to $300.

A great place for traders to start trading is sharebuilder.com which is owned by ingdirect.com

Good luck!
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Last edited by txh; 2011-03-16 at 19:35.