What is happened after $7.38 - nothing, only some strange rumours and lies.
In Finland all newspapers wonder BK rumours, it's totally unbelievable rumour. Some of them wonder if it mean that there really are someone that try to buy Nokia very cheap price.
Also rumours about Vertu selling, why - Nokia is not commented, but reporters wonder why it should sell? It's profitable unit - of course Nokia is not needed Vertu because it's out of main business ... but still, why to buy? Facelift?
Lumia is a hit in countries where it's possible to buy ... other category phones are also selling well ... no any reason to go down. Only bad rumours and lies.
I concur the rumors and lies are killing this stock, but the apparent silence by this co's management by not standing up and refuting these rumors is giving the rumors legitimacy and more pounding by the shorts. Do you think aapl would sit around and watch its stock being destroyed by rumors and lies. I don't think so. It is so sad that a co's leadership is its demsie or success, in our case the demise of our stock. Really pathetic.
Elop is just another challenged person just like the previous leadership, unless he is a plant by msft to intentionally destroy nok so that msft will buy nok dirt cheap. There will be law suits come down their throat if that is their end gola.