There is no single stock with so low price and so much potential. If there is no short selling/manipulation by MM, PPS should be in the $30s; just for comparison with FB, AAPL, AMZN or even ERIC.
I cannot believe that the company like Nokia with such great news over the last several weeks got hammered with no objective negative data (just rumors or I would call it slender). I will just mention only a few: beating estimates, positive cash flow, increasing cash reserve by $1.1 billion, signing essentially exclusive deal with China Mobile, nonexclusive with China Unicom, many more countries to follow, every single division being profitable and probably more profitable for the rest of this year, leading graphene research (sharing 1.35 billions; not even a single sentence on Yahoo or Bloomberg financial news- sickening to observe such kind of behavior by so called media). I can go on and on, but I can reassure you and so called analysts like you that Nokia will prevail against such unprecedented organized attack by financial media with their only agenda to destroy the only real competition against their beloved Apple and Google.
So, to make a long story short, don't worry all Nokia shareholders, just be patient and wait for an amazing reward to come.
$30 means $120 Billion, that's more than double the price of FB and almost the cause of google. It sounds to me like you're not familiar with the term market cap.
No way Nokia should be at $30 right now. Their turn around has just now become obvious and some wanna see 1 more quarter of profits to be sure and they should get it in Q1.
That said, Nokia should be at $8 right now given their sales and effective tax cuts and the fact they are profitable with no more risk of BK. at $8 they won't even be 1 times sales so that's actually a pretty reasonable, conservative valuation. The reason we're not at $8 now is the constant pressure of short selling via dark pools that kills any rally. But the numbers are coming in the next couple months and if they blowout all the estimates there's no way they can keep the pps down.