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Nokia Corporation Message Board

  • bluem3th bluem3th Mar 5, 2013 1:58 PM Flag

    How low will nokia go before it rebounds?

    Will it hit 3.20's? What do you guys think? I'm guessing with no news, Nok probably treads 3.30's territory this week.

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    • Guessing the low price is rolling dice. Nokia's share price will remain in a trading range until mid-April, with earnings report. It may go up or down if there are leaks or early indications earnings may be up or down.

      In the meantime, hold if you're long, and dollar average in if you're a buyer.

    • Anything is possible, and if you only have a short time period of investment, then this stock probably isn't good for you. On the other hand, it's a great buying opportunity especially if you planning to stay invested for a longer term. FYI: Microsoft WP8 OS is a low end Android killer, and Nokia is the perfect vehicle to accomplish this task, by flooding the market with low cost high quality Nokia smartphones. Android is heavy on system resources, and sluggish on low end hardware. If you have done any research, then you know that WP8 is very fast and smooth even on the low hardware. It's also simpler and more intuitive, and that will most likely breed success. The bad news is that it will take at least 10-18 months to see any tangible results. That means the price will fluctuate, and shorts will have their way, for a while at least...

      The choice to buy into this stock is relative to your own goals and time frame, and I believe it will pay good rewards in the end. However, don't be expecting over night success, or you'll pull your hair, or worse. Relax, and buy more if you can. NOK won't be this low forever ;o)

      Sentiment: Strong Buy (Rocket to the Moon)

    • ridiculously low now, jmo.

5.82-0.110(-1.85%)May 3 4:04 PMEDT