The price is too depressed relative to its fundamentals. Sales are incredibly strong this season. Billions in cash. No debt. Hell, they could BUY Nokia for cash if they wanted to. Don't short oversold stocks.
Shorting now would be very risky. The big boys have pounded this stock with short selling because they knew they could with so many others already "tax gain" selling. But, they know that window is closing and they must cover before tax gain selling wanes. They also want their gains this year too. To short now would be to risk shorting when all the shorts begin to cover in the coming days.
Agreed. And when all the analysts are walking around scratching their heads asking 'WHY"? Because they don't understand the selling because it's not based on fundamentals or news, it's probably a good time to consider buying. Heck, even Cramer keeps saying BUY on every show. (although he did look a little pallid yesterday) I nibbled after hours.