Anyone? Profit taking? I think all the news looks good. The new phone may not be the "cure all" but it will have a market and all else looks up IMHO
I suspect it will recover nicely - surely after Cramer's endorsement that should be worth at least a 10% jump....??? Climbing now from a low of $4.07 to $4.13 11 am EST.
Suckers with limit orders and stops. Give a broker a spread and a computer and sit back and enjoy the show.
Any time the upward momentum in Nokia has stalled the stock has retreated pretty hard. You have traders taking profits and nervous nellies selling into the strength of the last week to get out before earnings.
Just a little manipulation. Greedy market makers do not enjoy sharing. Stay strong and prosper.
the 1020 has been priced at 299 on contract and 699 off contract, thats expensive imo.