Nothing has actually happened yet as far as I know regarding "rumors." Up close to 6%, which is not necessarily an indication it has a suitor or it would be up more than that. LGF was hammered last week, so we got about half back.
It's not going to happen. What we have seen lately seems to point in the other direction for now. They just hired a new CEO a couple of months ago.
Does it matter at this point? Unless you like history, which I do. Internet/Tech Bubble.
This is a Microsoft problem now, if it is a problem at all. Let the lawyers play, nothing to do with the New Nokia and will not effect Mircosoft or Nokia's stock. Trying to look for something, huh?
It seems like it is easy for people not physically working at the company or trying to build sonething to just say sell HERE or another part of Nokia. Can we not write about HERE being sold off and worry about building a business and making good long term money - which means an excellent stock return?
$15B is too low from what I can see. Why not NOK just hold the darn thing and continue to grow the business? Why give business away for short term gains? Having a business is a long term proposition, plus it might be a good idea to have your business diversified. I say keep the darn and make it work.
So you are asserting that they are playing games with MONIF's stock? They shorted the stock and made alot of money, leaving stockholders wondering what the heck happened. Basically, what happened had nothing to do with Monitise itself and operation, they just cashed in. Is that what you are implying? VISA is playing hardball. It may be a very good thing, if this is the case, to shed VISA altogether, because they are causing trouble. They got MONIF by the "short-hairs."
There you go again. Not a short seller at all, but a long that wants to believe this is going someplace. You are making assumptions, based on whatever reasoning, I'm a stranger, you are a stranger, we all are strangers. My motivation, and you can take it with a grain of salt, am I wasting my time with MONIF - it is as simple as that. I'm not defending VISA at all and do not have a position in them, but trying to figure out what is going on. Monitise does not help with its lack of communication with its customers (Us), I think we can all agree with that. So then many of us throw out "ideas" trying to figure out what might be happening. We have money in MONIF, so why did the stock go from $1.38 to 50 cents? We can do dollar cost averaging, but how long do we do that for? Monitise seems to be picking up customers and has developed relationships and is in an exciting new area, then VISA comes by and wants to abandon their investment and start their own mobile banking system, why? What happened? I have some ideas which I stated, but they could be incorrect. What's the New Co-CEO have to say? I want direction, before I get too far into this thing, where I can lose alot of money.
Also this sector did get hit alot and NDLS forcast wasn't "rosey" for rest of this and next year. NDLS is an investment (you can say that about any company), but in particular for NDLS. If you can wait 5 yrs plus and forget about the money you invested, this could be a good one to hold. But does it make sense to tied up some of your money for that long a period of time? That's up to you. The stock was obviously too high with 20-20 hindsight, so it came back down to more reasonable range. You buy stock when good companies or potentially good companies get hit, eventhough the market love to scare people.
I feel the company is up in the air right now, but they do have a new Co-CEO and she is still getting her feet wet. I don't like Co-CEO model though. There should be one CEO.
1) MONIF has a viable mobile banking product. Is that correct?
2) They actually have alot of customers using there products. It looks like they do.
3) They changed recently to a subscription based system, like Adobe. Adobe has done very well with subscriptions, like so many have.
4) An experienced upper manager from VISA who was possibly in the running for a CEO position at VISA, is now Co-CEO for Monitise. She would not have taken the position if it wasn't for subscription based system.
5) Another upper manager from VISA took a job at Monitise. Have they headhunted other VISA people?
6) MONIF stocks are diluted for the most part. But rather than the other option.
7) IBM relationship
8) VISA is selling there stake in MONIF.
9) VISA wants to do there own thing in moble banking.
What am I missing or what is not factual. Thanks