I really can't tell. but 50 million shares with out the price going up and in many cases coming down suggests to me that the extra 50 mil today came from people who do not want to see the price go up. This is just a hunch, kind of like the one I had when NOK was at 2 bucks and the were doing business with MSFT's bank roll, just a hunch!
Sentiment: Strong Buy
Not according to Warren Buffet,he does not believe in paying a dividend.He said you want a dividend sell some of my stock :)
...oh quite a few today boss, 3mil at a casino asked for a 7,
4mil called while kneeling at a toilet and asking to make it stop I'll never drink again..
.and here's a few asking why it didn't go up more.. :-)
Why all the impatience? do you have a price at which you would sell today or are you invested for the long haul? If it was 10.00 would you sell all your holdings or are you waiting for 20 30 40? Sit back enjoy the ride it is in a strong upward trend these things dont happen over several months they take years to gain critical strength. Not like they are going to double their revenues tomorrow. The big money rolls in slowly over time as the revenues increase as profits increase the stock will rise. As long as management builds the business we shall reap the rewards. Patience grasshopper you are not going anywhere soon.
Total volume today was 75 million. So 50-60 million of the 75 million was short, huh?
Nokia is still not on the radar screen of enough funds, and today's good earnings report I think got lost in the 300 point rise in the Dow, and other earnings reports - Amazon, Microsoft.
Nokia's potential will be recognized - the facts are there - and positive sentiment will break through eventually, slowly. At one point it will reach take-off velocity/volume, and we'll see an increased pace of share price increases.d
How are you able to identify a short trade on the same day?
Sentiment: Strong Buy
Scooped you on this one
Nokia won't be a mystery forever
Sounds like me two years ago. And it has happened and more and lots more to come...
Yes and after Nokia unloaded the phone division stock finished 39% for the day and since then never looked back,so now Nokia is a mystery company to many investors who think Nokia is still in the phone business.The New Nokia is HERE to stay and profitable for many years to come :)
value stocks sometimes take forever to appreciate pps - NOK been stuck for a long year now
LOL "long and wrong"? Wasn't the stock in the $3's last year?
8 analysts have sales estimates ranging from $7.62B to $8.18B. Last year's quarterly sales were $8.09B
6 analysts have EPS ranging from $0.15 to $0.21. Last year's quarterly EPS was $0.20
Mewag - $14-$16 is a realistic estimate in 3 years.
$30? I don't ever see a $111B market cap for a company when 90% of their revenue is building network infrastructure. Even with a potential $2B in patent revenue. That only adds $0.35 to earnings assuming a 65% net profit margin.
But I'd like to see your rationale for a $30 shareprice.