Shorting NOK at $40...OK
Shorting NOK at $ 7...OK also
Shorting NOK at $ 2.80.......with the NY and European unveiling next week....CRAZY.
they have $12 billion in cash, a new lease on life with MSFT, a new partnership with Siemens, and a patent portfolio no one comes close to. APPL pays them to use the patents.
If an analyst says sell, it's his opinion. If he says SHORT, it smacks of desperation.
He's obviously talking his book (or someone elses for a fee).
you don't short a stock at 2.80 and have a 1.54 price target, with all the good news hanging over the stock. It doesn't make sense.
I'd bet my bottom dollar that after they load their pockets with cheap shares today, they'll change their tune and run it higher.
I'm long and holding strong based on the improved fundementals and good technical picture.
But hey, I'm just a non-analyst. What do I know.
Sentiment: Strong Buy
Lets not forget Scalado :-)