I saw a major article just now about a rumor floating around that Lenovo was gonna make a buyout offer. Right around the time today when Lenovo said the rumor was a "joke" is when the bubble popped. So we spiked today on the Lenovo rumor.
But given Lenovo is in no position to buy Nokia I hope the last week's huge run had nothing to do with this Lenovo rumor. But I fear it might have since the stock was trading as if there was a leak. Maybe there is another leak but that's doubtful at this point.
So of we're up over the the last week cause of this Lenovo rumor then we're headed back down. I'm happy with that as I have more money for 2014 calls.