I'm a big fan of dividends. But to answer you question, in Nokia's case, here's how it works. You get a dividend to compensate you for an under performing stock. Then you pay 30% foreign tax - withheld immediately. In other words, If you are a true socialist, you get to support the cause, even as an American. Otherwise you will have to wait for the end of the year to pay the U.S. government capital gains taxes so they can in turn redistribute your wealth to our internal socialists. Remember, this is additional tax since obviously the taxes you already paid on income to fund your investment was already paid long ago.
All in all though, it's a pretty good deal.
Got too fixated on a 6.xx figure and could have dumped the mindless pump for a nice profit already.
That's the problem with playing with manipulated stocks... ya gotta be quick.
Guess you don't have 5.44Billion after all Actually the gain on the sale is closer to 3 Billion, according to company reports. But the pumpers don't want to do math. Stay tuned, and remember to turn on you cash-to-trash converter.
i never liked "good will" it just sounds fake, doesn't it?
Doesn't matter what the market does now earth. For these sad sacks, it's all about how much the big boys strip from Nokia's dead carcass. Nokia==Kodak (without the faded pictures of past glory)
gotta agree with you there. Shorts were held at bay till after the sale, now they will resume the beating on what is left of this company (which isn't much). But as long as they have cash available - like the same mistake apple made, they are going to suffer.
i'm guessing we go lower. That's why i dumped this company. They don't make anything anymore.
you should probably come over to the short side. pumpers ain't got much left in 'em.
7.50 might be gone forever now.
yeah, skeetz, there may be something hiding in there after all and I bet you're the guy that will figure it out. But that don't sell newspapers. Around here, we sell doom and gloom. Because here in America, we don't even care about getting rich no more, we just don't wanna be as F'd over as that poor SOB down the street.
Now you run whatever candidate out to the dog and pony show, and I'll give him a look-see. But whatever you do don't cancel "The VOICE". What I'm tryin to say is, the sooner we get Jack Bauer back on the tube, the better I'll feel.
Well, I wasn't really tryin to say that, that's just what came out. But the fact is Nokia's a gonner and ole Jack Bauer knows it.
and he had a gun with 2 bullets, he'd shoot Stevie twice.
Jack Bauer could strangle you with a cordless phone.
Just not a Nokia, that would be inhumane.
10 cents, already offset the costs and then some. Every penny is profit. Nokia is like a money tree!
Just don't kill this horse by riding it too hard.
No, doubt. It was a good run, but the tank is empty. Do we get a soft landing? Or do they run it dry and crash?
4 dead in Bengahzi. What Difference, At This Point, Does It Make? - Hillary, the wife of a ridge runner from Arkansas, will be elected anyway. Making political hay is useless, the point is, it mattered to them:
Christopher Stevens, Sean Smith, Glen A. Doherty and Tyrone S. Woods.
And it should matter to you.. Ask not what your country can do for you. They ain't gonna do nuthin.
no way they trim that spread. of course, it didn't cost them anything. Point is They are losing control of the price action, and when that happens, hoo-boy!
Nice story. Lesson learned when you invest in a foreign stock, take the 30% tax into consideration. Warren wouldn't approve.