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Posts: 249 | Thanked: 217 times | Joined on Jan 2011 @ United Kingdom
#5
Originally Posted by txh View Post
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 $12. 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!
What is the ticker? It's worth a gamble to be honest when they are low. It is puzzling why their shares have been low for quite a while now, even before the big Microsoft Deal. One would think a company like Nokia with the market share (back in the good old days) of phones and smartphones, that their shares would be higher in price.

Send the ticker, I'll put in a few bob... I just recently made a killing on LON:BLNX..
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My Nokia N900 is my website, still up an running for the Maemo community. My Nokia N900 is upgraded to 21.2011.38-1Tmaemo1.1 ~ CSSU ready ~ Overclocked ~ Speed patched ~ Swappolube ~ was running 7 desktops ~ 270 apps and counting ~ Multi-Boot with Standard Kernel , Kernel Power 2.6.28.10power47 and NITDroid N12 "UMay".