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2011-02-15
, 03:33
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#72
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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"?
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2011-02-15
, 05:14
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Posts: 139 |
Thanked: 224 times |
Joined on Nov 2007
@ San Francisco, CA
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#73
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Seriously dude... you're one pain in the ***. You want answers? Fine, I'll entertain even a person like yourself for a moment.
...
Correction. It was 14% of their original price. Then another 5% of their devalued price. That does not equate to 20%.
Case in point since you've somehow missed out on high school mathematics:
10.00 x 14% = 1.4
8.6 x 5% = 0.43
Total loss = 1.83 or roughly 18.3%
Not 20%.
Now you're asking the wrong person kiddo.
Now, if that's not an answer, you are one complete bumbling idiot that needs not address me ever again.
Savvy?
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2011-02-15
, 05:42
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#74
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LMAO, you really come over as a complete a**hole. Or did you have one drink too many?
And your numbers are wrong.
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2011-02-15
, 06:06
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Posts: 139 |
Thanked: 224 times |
Joined on Nov 2007
@ San Francisco, CA
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#76
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2011-02-15
, 09:06
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Posts: 992 |
Thanked: 738 times |
Joined on Jun 2010
@ Low Earth Orbit
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#77
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2011-02-15
, 10:57
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Posts: 362 |
Thanked: 143 times |
Joined on Mar 2008
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#78
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I'm too lazy to do the research, but, does anyone know who is doing the selling? Mainly Europe? US? Both?
JDMunderground.ph x VcZR x H3autoworks