Shortly after the deal between MS and NOK was announced many analysts discovered a new value and growth potential in a new PROFITABLE Nokia. As a result of positive NOK financial condition and good prospects for the future, multiple upgrades were being issued by growing number of respectable financial institutions. Many of them, (and the number is growing daily), started buying large numbers of NOK shares, especially when NOK pps decisively crossed $ 5 mark and is now in higher $ 6. Huge daily volume indicates that a growing number of big players is joining NOK adventure. Those big players are not in this game for a short term, because according to authoritative reports, short positions are in dramatic decline. All signs indicate that big players are in it for a longer term and are jumping in growing numbers. They will have a strong stabilizing effect and protect from steep stock declines. IMO, this is the main reason NOK stock shows incredible resistance to down pressure being exerted lately by shorts and those who wanted to buy NOK at much lower price. On the other hand we lost a large number of retail investors, who, btw, were not in it for a longer time thus decided to sell lately and were satisfied with the current profits. As some of them double and even tripled their money so far, they were prone to panic selloff on any deeper pullback, increasing a risk of contributing to a serious decline for all of us longs. So let’s wish them well and say good bye to them. The situation inside new NOKIA Co., and also inside a new shareholders community, taking into account a new big players with old/new loyal longs, is much more stronger, healthier now. All of that bodes very well for the future of new NOK and its investors, big institutional as well as individual.
ineedabrain aka All Hate, No Brain in action below. Vindictive, evil, dangerous lunatic, well known, easily recognizable. menace on this MB. Uses at least 5 comps with at least 5 always changing ids. He already used 3 on my post. Disgusting, appalling character.
@zutko118: You can always use the ignore button, unless you think that they might on rare occasion actually add value and might be worth it. Even e2mb, as spiteful and misguided as many of his posts are, on occasion seems to be focused enough to offer some useful tidbit. You just have to have "balls of steel" like e2mb "claims" he has in order to ignore the chaff and concentrate on the treacle.
Does this sack of nuts expect anyone to go through 20 lines of jibberesh by some lunatic who thinks retail sellers harmed Nokia and are not in his elite state. You are near the top of the psycho's list if that acheivment makes you happy. Otherwise, please spare the board from enough typing to fill a newspaper. Here is my suggestion:
BUY A DIARY. Post facts about Nokia here and leave your paranoid analysis of TRUE LONGS to your diary. Do you really need to impress someone that you are such a great long? What the heck is going on here. A nut starts ranting and raving about longs selling that means I am a super long because I did not sell.
How about being a super real person and taking your sick self to a shrink mr super duper long filled with hot air.
On my third million ran rings of info around you. You scared him and frenchmodel away. Stop being a jerk.
Let us know if your heading to take a number 2. Keep us informed when you put a hotdog on the bun and let us know if you used ketchup or mustard. We are waiting on your majesty to speak again.