This stock is insane! I mean what management are doing to shareholders since the stock hit 12 in February 2010 and it had been in a free fall since then! even RIMM stocks has recovered! NFLX market cap is larger then Nokia market cap now.... I mean what Elop and management has done for me to recover my losses? analysts, media, CNBC... love to hate Nokia and bash it all day long! Management either has to sell the company for $12 or take it private ala Dell way! US media will never give Nokia credit and admit that it has the best smartphones out there... US media, analyst only pump Apple and Google (android)... after hitting 4.9 we are back to the high 3's and stock there! We should be above 5 now after the stellar Q4...
Stock has been in free fall a lot longer than feb 2010. Mostly because people refuse to accept the most basic method of valuation, which is P/E.
Case in point, you suggest NOK be taken private @12.???
There is nothing that can happen to this stock till it shows consistant positive earnings so it can be evaluated properly.
Of course, it would help if,as a manufacturer, Nokia would actually build enough to meet demand.
The SOLD OUT mantra is getting a little embarrasing.
On the plus side, the competition sells outdated garbage. Sooner or later,