Don't take a genius for figure this one out but it took Zacks long enough as they went sleeping on it and suddenly wake-up!!
amazing indeed, so many "garbage stock" reporting lackluster earning and flying with no obvious reasons, on the other hand look at NOK, so much cash on hand + ALU deal this should be priced at $12.00+++ completely absurd!
ALU will be the cherry on the cake, just watch, all these deals they signed are coming to fruition the next several QT inclusive of this one - fasten your seat belt, don't you love playing poker???
Problem is people invest in Co. but don't follow or read the news, then they ask questions and start to wonder...
Today action was an opportunity to buy, I know I did, just look how the PPS recovered, look at the volume, then take into consideration the kind of trading day we had, and last few day trading pattern, that should be enough answers.
NOK is getting real cheap!!
I never thought I would do that but bought NOK today, awaiting for a rebound, I am NOT a NOK fan but I see today's action as oversold!
You seems to forget (pending merger or not) the valuation of the patents ALU does have!!! they used these patents as collateral last year or the year before to get a loan from Credit Swiss, loan that was quickly repaid and ALU patents secured again, these alone worth billions!!!!!
And that's exactly what I will be doing! problem is the price at the time of the merger (if any) will be linked to the closing price of NOK on that date and that nobody knows what this price it would be...
And that is a BIG problem, I have no feeling for NOK I never had one, but it's getting worse, not sure where we're going with this but I sure don't like it a bit and I have zero confidence on NOK management ability to succeed, ask MSFT the charge they are going to be taking simply by buying NOK handset, anyone with sense new that was coming, looks like NOK is getting away with murder but they have been exposed and I sure don't vanna be part of them, to shady!
Investors are looking for results, many QT MCZ failed to deliver, I know I have been here for 3 years, with the latest news ( a good one) I will add @0.40 not one penny more!
Anybody with common sense, thinking rational know that the "Greek exit" is not for real, a lot of people making tones of money on either side trying to #$%$ the market + couple resident idiots on this board (you know who they are) we are dealing with bankers here, country, people livelihood, economy, world exposure, we are not talking about MN or other sates here, the new Greek government just got elected, is young, full of promises but also I believe full of determination to fix the current chaos created by years of unscrupulous leadership, bankers know that, they just want to ensure that the new government does what he said it would do, meaning fixing the economy and reducing corruption, I think they can achieve that, at least give them a chance!