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Nokia Corporation Message Board

  • geosmart668 geosmart668 Nov 21, 2012 4:24 PM Flag

    Goldman Sachs: the worst of "Wall Street"

    In August, Goldman Sachs cut NOKIA to sell, so they bought 55 millions shares cheap.
    I think that shareholders should sue them.

    Goldman Sachs (NYSE:GS) cut its rating on Nokia’s stock from “Neutral” to “Sell” at the beginning of August with a price target of $1.6 for the American depository shares. The decision raised a few eyebrows because the investment bank is the phone makers top institutional shareholder, with over 116 million shares.

    Owner Name Date Shared Held Change (Shares) Change(%) Value(in 1,000s)
    GOLDMAN SACHS GROUP INC 09/30/2012 116,377,303 55,090,120 89.89 343,313

    Sentiment: Strong Buy

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