Could it be something to do with Elop talking about possible Android phones? And at the same time, we see new flagships from Sony and Samsung? And at the same time Nokia suffer from tax issues? Apple takes on China, even with more affordable phone. Don't know, but big players are not happy today
There was some key support at 3.79, and it broke below that - hence the dip and the large increase in volume. Next level of support is down around 3.60, which it looks like it will hold - unless this thing gets out of hand.
Its only a combination of the India news, Apples low $$ phone ideas and China patent law suits.
In the long term, numbers will be key, if you are looking for a entry point - today is the day. Its a 8% fall on non-material releases.
I hope not. NOK is not warning. So, it can't be that. I mean it is a serious bear raid and nok management is quiet as usual as it really does not care for its shareholders. 9% on no news and they don't say anything one way or the other. It is very sad.