looks like the 6000 feb 8's were sold at bid and the 6000 feb 9's were bought at ask...
so the spread trade is bearish on price action staying under 8.00 by feb expiration, but protected by the $9.00 calls so if it does run past they only lose .18
Some action in the april 12 puts.... Very odd. Have to be a seller looking to capture premium as part of a spread trade right?
Last time i saw this was in ARIA the day before the fda brought back their drug... Stock jumped 60%.
Im in the aprils personally
so if Navteq offered to take back the company for the price they received... $8billion, would you turn it down and brag about how your are doing $1.4billion now in sales?
the inequality you mention is not new. There has always been a massive divide. it is human nature, not an economic or judicial system that causes this. I have read a lot of ancient history and when you dive in you can see that the world of today is not much different. but the poor of today's developed societies are nothing like the poor of those days.
today you can walk into an emergency room in any developed world and within an hour be treated with the best antibiotics , equipment, stents, etc.. you can live another day to make a living and do something, vote, start a business. not so prior to the 20th century. try a world where your family name alone determines whether you are a queen or a prostitute for life. even 40 years ago, look at who could not even vote in the US. look at what happened if you had a child before marriage.
ask Henry the VIII's family how 'fair' life was back then... do you think a porter in the house of Henry the VIII got to vote for their country's next leader?
what is the answer? to scrap capitalism? or to try to provide opportunities to a broader base of participants? Imagine if you could develop schools in Africa and Afghanistan without warlords burning them down. that's not economics, its ignorance. many of the billionaires are putting their whole fortunes back into charities, a sign of progress.
I am thankful for the opportunities we have today and the slow progress we have.
go try medieval Europe if you think this world is so bad... people who decry the concept of today's world just don't appreciate a world where you can actually speak your mind and have a life span past 40.
you think in Rome that you would be anything but a slave who is beaten daily?
is that JP?
key phrase here imo
IP business margin would be a focus of investors as this business unit is not yet clearly understood
that is one of the real opportunities within the current stock price here... the pessimist analysts just don't have a sense of the monetization value of the assets. I'm guessing only a couple of the analysts have actually met with mgmt. in the past 3 months.
remember JPM worked on this deal with MSFT and Nokia and has seen ALL THE ASSETS and they are the most bullish as a result.
remains the only stock I own at this point in the bull market fwiw. thanks for posting.
I think you are jumping to conclusions on the 'hiding'... you don't need a separate earnings report. they will have the operating segment breakdowns as normal I believe so you'll see operating margins for NSN vs. HERE vs. IPR
they already guided 12% operating margins for Q4 ... and Q4 is seasonally a better quarter than Q3.
the only real variable here is timing of revenues from new North America and Asia projects vs. fall off in projects in Japan.
But all of this is not nearly the focus... its about long term NSN profits in 2014, 2015, 2016 , then Strategic direction for Navteq, and Cash returns.
The shares fell .50 last q into earnings due to profit taking and then shorts got obliterated for third consecutive time in 2 months. If it dips to $7.40-7.50 seems like great risk / reward unless you think they don't return cash and market is weakening.
when your cable goes out, you surf the web on your phone out of boredom
when you surf the web out of boredom you read dumb ideas on blogs like shorting nokia
when you short nokia you lose EVERYTHING
when you lose EVERYTHING you end up selling your fillings at a cash for gold store
when you run out of fillings you resort to working for $.05 a post on yahoo chatboards under goofy id's like 'Elop_destroyed_Nokia'
don't end up like 'elop_destroyed_Nokia' ... stay long Nokia
Its been fun transferring all this cash from Momo's bank account to Mine and spending it on wine and travelin... shorty is like a moth to a flame with nokia... they don't understand assets
man, I been wrong on spreads all thru playoffs... but I gotta take seahawks at home.. they been so dominant. And cant bring myself to give 4.5 pts to TOm brady... Takin Hawks and Pats. But kinda rootin for Peyton to get a SB.
over on hawks / 49ers? gutsy contrarian play. could be right. Should be two GREAT games
buy levels are 7.75 7.40 6.75
I doubt you'll get much below 7.75 without market correction, but anything is possible. Last quarter Nokia guided for much better NSN margins. Expect Q4 to be good earnings, good guidance, and update on CEO, strategic direction. $8.70-9 soon if no market correction