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Nokia Corporation Message Board

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  • jeffreber44 jeffreber44 Oct 15, 2012 7:48 PM Flag

    -0.12 estimate earnings 405% decline

    I don't see their cash sustained during this earnings report coming up. It looks like it will be 2.9 billion compared to 4.2 billion in the previous quarter. You'll see when the earnings come out that nokia is going to under $2 because of this. Betting on it and will keep a short position until the company has to sell off all its assets. I've kept saying the Lumias were a big mistake that will drain the company. It's not Nokias shortsightedness that did this, but more of the way microsoft operates with it's partners.

    Sentiment: Strong Sell

 
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