It is actually justified - based on the lack of product stock in the busiest buying season in North America.
Great products - just no stock supply on the shelf. Was this a logistics failure or are there problems with manufacturing? Either way - stock prices will not adjust for the great reviews until there is actually product in the pipeline.
It is not shorting or anything else other than facts holding Nokia back. It is valuation. Until we see real numbers, which we have not, just rumors, the stock is sitting just under fair value. You will see a real move when someone can confirm so sort of numbers. This stock is not worth more than $3.00 without information. It will trade on future potential (above fair value) when it actual proves itself.
You guys have been patient this long, just give it some more time and it will all be come very clear.
I calculated the value of Apple the way the Wall Street funeral directors were calculating the value of Nokia and the fair price for Apple should be $150 /sh,this includes a generous allowance for inventory at retail and exceedingly high value for the greek geometry patents. The rest of the pps is pure bubble value. I hope the manipulators that are trying to bury Nokia become the victims of their own scam.LOL