Let's talk Nokia stock! - Page 220 - maemo.org

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	volt	2012-07-31 , 15:23
	Posts: 1,309 \| Thanked: 1,187 times \| Joined on Nov 2008	#2191

If Nokia is to survive, they can't drop much further than they already did. I don't think a dollar fifty is the "right" price for a surviving Nokia. As such; I believe there's a chance to earn now. Downside is, it's not a safe investment at all.

That's why you have a chance at winning large, I guess. Seems to me Nokia has the cash to live till Windows Phone 8 Flops, chances are you can cash with profit before that.

But I'm nobody.

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switch-hitter	2012-07-31 , 18:59
Posts: 207 \| Thanked: 552 times \| Joined on Jul 2011	#2192

Dividends are paid from retained profits, it has no impact on your profit and loss account in the current period whatsoever.

The profits being distributed to shareholders now will have been generated by sales of Symbian devices in previous financial years.

If Windows Phone continues to fail retained profits will be eaten away by losses, bank balances will rapidly diminish and dividends will just become a fond memory.

Last edited by switch-hitter; 2012-07-31 at 19:23.

Lumiaman	2012-07-31 , 21:29
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Originally Posted by switch-hitter

Dividends are paid from retained profits, it has no impact on your profit and loss account in the current period whatsoever.

The profits being distributed to shareholders now will have been generated by sales of Symbian devices in previous financial years.

If Windows Phone continues to fail retained profits will be eaten away by losses, bank balances will rapidly diminish and dividends will just become a fond memory.

Do you take Prozac on a daily basis? Try speed, it works wonders

kojacker	2012-07-31 , 21:42
Posts: 1,086 \| Thanked: 2,964 times \| Joined on Jan 2010	#2194

The stock has swung from being way undervalued at $1.63 to now over-valued (imo) at $2.41. My own feeling is that the stock is worth around $2.17 at this point. Two things are driving the price - the quarterly results showing Nokia had more reserves of cash than the market had expected, and more recently the sheer volume of trades is escalating the price. Today, for example, 92.1 million NOK shares traded (1.8 times its average daily volume).

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switch-hitter	2012-07-31 , 21:46
Posts: 207 \| Thanked: 552 times \| Joined on Jul 2011	#2195

Originally Posted by Lumiaman

Do you take Prozac on a daily basis? Try speed, it works wonders

stealthology	2012-08-01 , 03:32
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Originally Posted by kojacker

The stock has swung from being way undervalued at $1.63 to now over-valued (imo) at $2.41. My own feeling is that the stock is worth around $2.17 at this point. Two things are driving the price - the quarterly results showing Nokia had more reserves of cash than the market had expected, and more recently the sheer volume of trades is escalating the price. Today, for example, 92.1 million NOK shares traded (1.8 times its average daily volume).

Dude, a lot of people just realized NOK's chances of bankruptcy are extremely low after the news broke today regarding Optus (2nd largest carrier in Australia) selecting Nokia-Siemens to build out a huge 4G network there:
http://www.telecomtiger.com/Wireless...2&section=S216

	danramos	2012-08-01 , 03:36
	Posts: 4,672 \| Thanked: 5,455 times \| Joined on Jul 2008 @ Springfield, MA, USA	#2197

Originally Posted by kojacker

The stock has swung from being way undervalued at $1.63 to now over-valued (imo) at $2.41. My own feeling is that the stock is worth around $2.17 at this point. Two things are driving the price - the quarterly results showing Nokia had more reserves of cash than the market had expected, and more recently the sheer volume of trades is escalating the price. Today, for example, 92.1 million NOK shares traded (1.8 times its average daily volume).

I'm not sure that a bunch of insider purchases (if I'm to believe the recent posts) to help raise the stock value will help for very long. This sort of tactic only works for so long (and it doesn't help those investors dumping money into it, unless everyone else takes the bait and buys back in again). I suspect it'll drop back again down pretty soon.

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specc	2012-08-01 , 08:01
Posts: 322 \| Thanked: 218 times \| Joined on Feb 2012	#2198

Above 2 € now, and climbing.

mikecomputing	2012-08-01 , 08:47
Posts: 3,464 \| Thanked: 5,107 times \| Joined on Feb 2010 @ Gothenburg in Sweden	#2199

Originally Posted by danramos

I'm not sure that a bunch of insider purchases (if I'm to believe the recent posts) to help raise the stock value will help for very long. This sort of tactic only works for so long (and it doesn't help those investors dumping money into it, unless everyone else takes the bait and buys back in again). I suspect it'll drop back again down pretty soon.

shhh let micronokia fanboys buy alot and then loose them next week or so....