Agree with you somewhat,although the 10% gain in less than 3 days since the stock was downgraded to sell has me a little bit wary!Makes me think that some big guys will just dump a lot of shares......seen it happen so many times.Pump and dump or something like that..
Fakt is, W8 will dominate the phonemarket because people want the same operating system like on their desktop. Nokia will be in the first row of W8 makers.
Share price will be between 10 and 20 $.
The big guys work with shorting, but finally they have to give all those shorted shares back. That means they have to cover. That will lift the pps significantly up. What they do on the short term is unimportant.
The power af all those wall street slimies with their money limited phantasie is not strong enough to let a company like Nokia to go bankrupt.
You're right. I've seen the pump & dump strategy. By Nokia's financials, I'm interested in investing, but I'm going to wait until after the drama from the Sell rating passes. Right now, my instinct tells me we are seeing a bunch of people jump on a bandwagon that's going to balance out in a week or two and if I'm right it won't be pretty. We will see people go from shorts to longs in a matter of days.