there was no doubt in my mind that all the anylyst trying to talk down the stock so their masters could buy the stock on the cheap. Their dirty job is to scare the public into selling. Sad. That is what U.S.A. could all stand for. sad. When Wall Street can ever be remotely honest with some shred of integrity? That's is when this country's economy can really recover. If capitalism is buit upon cheat and lie, well, you can only go so far. Nokia is a very strong buy and it's price should have long passed $10 a share but for all those wall street bad boys.
what's this "should have long passed $10" nonsense? It was well over $10 when the news of the MSFT deal broke and that wasn't that long ago so there's no way for it to have recovered to be "long past" anything. The fact of the matter is they're betting the ranch on a platform that wasn't in people's top three choices for smart phones. Will it be in the future? Maybe. It's a big gamble and that's why the stock's down. Furthermore, they're down because they made the announcement without a model in hand to assuage people's fears that it's just a horrible misstep.
Don't get me wrong, I hope Nokia makes a great phone but until they have one (a year from now?) people will keep stacking apps on the pile already available for iPhone and Android platforms (and Blackberry users will still happily sift through their e-mail at the dinner table and love their phones).