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2010-07-22
, 10:17
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Posts: 4,672 |
Thanked: 5,455 times |
Joined on Jul 2008
@ Springfield, MA, USA
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#71
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2010-07-22
, 10:22
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Posts: 4,672 |
Thanked: 5,455 times |
Joined on Jul 2008
@ Springfield, MA, USA
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#72
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you just went thousand miles off the track. and you are so wrong that you can't even have a clue... it is shame that people criticizing wall street people are the ones who don't even bother read up on what stocks really are etc..
but lets start with basics: share price is a price the deals are made currently with relatively small quantities. if Jobs has more cash than nokias share price multiplied by amount of shares, he can't get all the shares. that is because when you buy shares in large quantities, prices go up (demand becomes higher). usually when trying to get all the shares, you have to pay a premium. the higher the premium, the bigger the probability that you will succeed. but I'll say that with nokia it would have to be something like 200-500% to even look a bit realistic.
If I'd own nokias stock, Jobs would have to pay me about 500% premium for it.... if he don't, he doesn't really want it.
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2010-07-22
, 10:32
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Posts: 2,050 |
Thanked: 1,425 times |
Joined on Dec 2009
@ Bucharest
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#73
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The Following User Says Thank You to ndi For This Useful Post: | ||
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2010-07-22
, 10:43
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Posts: 3,159 |
Thanked: 2,023 times |
Joined on Feb 2008
@ Finland
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#74
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Hah... socially, lad, you were the one thousands of miles off track.I was being funny. (hence the humorous quote.)
On the other hand, you're right. Wall Street understands the stock market JUST FINE. Otherwise, they wouldn't be scamming so many people so often for so much money.
Wall Street. How do I loath thee... Let me COUNT the ways: Depression-one thousand, Keating5/Savings-and-Loans-one thousand, BCCI-one thousand, Enron-one thousand, 2008-Collapse-one thousand...
"Behold, there come seven years of great plenty throughout all the land of Egypt:"
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2010-07-22
, 20:39
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Posts: 4,672 |
Thanked: 5,455 times |
Joined on Jul 2008
@ Springfield, MA, USA
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#75
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2010-07-22
, 22:07
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Posts: 45 |
Thanked: 13 times |
Joined on Jul 2010
@ Arendal, Norway
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#76
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Oh, and, Nokia is a public limited company and a strategic industry of Finland. There is no "for sale" sign at he entrance of Finland.
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2010-07-22
, 22:45
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Posts: 2,050 |
Thanked: 1,425 times |
Joined on Dec 2009
@ Bucharest
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#77
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2010-07-22
, 23:03
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Posts: 45 |
Thanked: 13 times |
Joined on Jul 2010
@ Arendal, Norway
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#78
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You shouldn't separate halves of phrases. What i meant is that as a registered legal company and a strategic economy branch, Finland can legally get involved. Last I checked, strategic industry branches required state approval for changes in ownership in most countries. I assumed it would be valid in Finland as well.
Well, to be frank I don't know how things work over there. But I am pretty sure this won't be an unchecked decision.
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2010-07-23
, 22:38
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Posts: 2,050 |
Thanked: 1,425 times |
Joined on Dec 2009
@ Bucharest
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#79
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2010-07-23
, 23:26
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Posts: 4,556 |
Thanked: 1,624 times |
Joined on Dec 2007
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#80
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Most likely the Finnish government would be close to powerless - would they like it? No. Could they stop it? Dunno. But that's my guess based on earlier transactions, like for example Ford selling out Volvo to China. The laws here in Europe/Scandinavia are pretty harmonized due to the EU...