Goldman Sachs holds 109 million shares since December 2012 and it does not make any sense why they are shooting their own foot with this type of action. Makes no sense why they are even allowed to be analysts for NOKIA that is a double standard. It shouldn't be allowed it only brings confusion. Why do they that?????????????? Also we have had some very good reputable analysts upgrade Nokia but the market never seems to give them any respect. Why??????????????????
Sentiment: Strong Buy
This is happening while there is still time for them to be paid off by Apple and Samsung before more reality sets in, be it one month or another year. The statistics will not lie as easily in the future. A 1% gain for Nokia is a % loss for Apple and Samsung; That is what is going to start to the truth process.
Goldman Sachs did nothing illegal - they don't have to - they can make tons of many fleecing the average investor because they essentially wrote the SEC rules that govern what they can and cannot do, and those rule leave them plenty of room to manipulate the market. Get over it. Learn to live with it.
As long as the wealthy can buy politicians, they can "buy" whatever rules and regulations they want.
Want that to change? Get a new Supreme Court, and a Senate where big money can't filibuster laws that would level the playing field. That won't happen because too many voters are "conservative" and don't want government interference in a "free market". Ha. A "free market" is a market whose governing rules are bought and paid for by the wealthy.
Goldman Sachs, and their peers, thank you.
Now is the time to load up. Goldman will soon decide to buy back the shares ,plus some ,and sell again when the price is up. The 109million shares are like money in the bank to them. They know NOK will be $8.00 plus soon.
They just can't stand it that the apple of their eye will have to regurgitate some more Nokia technology with whatever product they'll come out with. What did they expect from somebody with a handful of patents? LOL