He said bounce in summer and correction in october.
This is an example of the brains neural pathways breaking down under conditions of extreme stress.
Gold has always depended on the sentiments of average people. And it is finished as anything except tribal decoration. It could make a comeback in electronics at $300/oz. But even that is debateable.
Good info. Nice to see some long term thinking involved. Problem now is getting through summer.
Years from now people will be talking about the turning point.
It was actually quite brilliant, for a Neanderthal. 21st century man is suppossed to be developing starships now. Not still playing with fire.
Play with fire and you get burned.
The problem right now is the real bagholders in india are only now begiñing to realize their future is at stake. The coming rush to salvage what little profit they can will plunge this commodity to fully half.
You really haven't seen anything yet. Look at a long term chart and you will realize that while it is impossile to predict tops and bottoms, once the market turns, the outcome is inevitable.
Gold is crashing because it was designed to.
He seems to encapsulate basic investing mechanics in a concise, albeit, bizzare way. He seems to be able to repeat what he has learned in his economics class in way that is more entertaining than seeking alpha. I can even look past the contemptuous barbs he throws in.
But the repetitive posting is what will get him banned and reveals the true nature of his phsycosis.
You are suppossed to rebalance the parts that are making more than expected. Throwing good money after bad in the middle of a downtrend is not the way to do it.
I think you need to read a few more chapters of your get rich quick book before calling other people idiots.
You are not going to outflank the market with pumped up stats. Even Nok diehards learned their lesson on that one.
NOK lives and dies by its 10-Q's now. Not sales, Not market share, not advertising, not new production.
It's just that simple.
It could include Lumia's if it had different machinery, double the warehouse space, additional engineering teams and locations closer to the end market.
Somebody from this board should let management know, they obviously need your expertise in this area.
Basic engineering. Problem is nobody USES the things so there is not enough data for the bean counters to analyze. You would think 10+ years of manufacturing would have taught them something.
But most of the cell phones on the market are unusable with one hand.
Nokia doesn't have the credit rating to secure big orders from suppliers.
They are broke and losing money and living hand to mouth. That is is why you see run rates on new products at absurdley low levels. They only make what they have orders for and as a result, realize ZERO advantage from scaling up manufacturing. It's just the latest failed strategy from the bumbling bozos. My bet is lumia is assembled by work from home contracters. The situation might improve over time, but only if someone high up the chain realizes that all electronics depends on volume.