I am short 159k shares. You can look at my posts from when stock was over $4.50. I was short 50k at $4 and added 200k short from $4.50. Covered 91k shares at average of $3.70. This will be at $2. I short companies that sell headquarters or lie or have massive insider selling or bad trends. Short FIO, MSFT, INTC, MLNX, NOK, AMKR. Long AIG, ACAS, IMOS, AMCC, DFS. I am adding IMOS right now. IMOS board all know I am excellent trader and have made them much money! ELOP does BJs.
It's not a bad company. They just lost their way for a while. Right now Nokia is searching for the path back. Jury's still out on whether or not they've found the right path, but they have the net cash to let them keep searching for another year at least. Big challenges ahead, tough competition, but the designs to (maybe) overcome those obstacles.