Thanks Syd for this very important link. We must be constantly reminded of the underlying reasons why legions of mutual, pension and especially hedge funds are heading our way. Now we know what these guys are eyeing.
. I can see there is a couple of us here in Yhoo. Me too although in a very small way compared to Nok. Yes the play is on Alibaba. Yahoo mail is a 100 percent disaster. I am a happy user until now. If not for Alibaba, Yhoo is history. As for IPO, the longer the wait the better although I will not put its valuation above 200b, so Nok is still a far better investment with some analyst already calling for 20 and hedge fund just come in. It is equivalent to Yhoo aiming for $100, an impossible figure even with extremely successful IPO
These guys don't enter unless they see at least a 100% gain in the short term
And won't leave until they get 100% in the short term, what ever it takes
Come on guys, relax.
Once upon a time, analyst will called for apple to hit $100 was deemed unrealistically brave at best and lunatic at worst, as history goes, even that analyst was deemed far too conservative. Now history is about to repeat itself as a analyst are calling for Nokia to hit 15 Euros
Elop has set the course for Nokia to earn Msft kind of money through something that Microsoft only knows too well , licensing . Nokia has so much patents , especially next generation mobile patents, that will sink Google and Apple. Nokia, especially Nokia, will ride this totally new business transformation this new decade will be remembered for , hardware licensing. So if you have a huge market, and you know it best because it is your home market, and you want to serve it but do not have experience, just get the money and Nokia will teach you, for a fee, how to make it, anywhere in the world, and even set up the infrastructure for you courtesy of Nokia Solutions Networks. I continue to be amaze by what Elop has done for Nokia, a rotten apple with a golden core. Allow Msft to buy the rotten part for $7.2b, and whooppee , you have a core far more valuable that the rotten surface itself, Oh by the way, Nokia has also reinvented the term, ' even waste is not free' . As one analyst puts it, he can't believe Msft has just paid a total worthless, massive money losing garbage part of Nokia for $7.2b and just leave the hugely profitable patents behind, Of course one man's waste can be another man's treasure. So remember, if you have a bottle of wine handed down to you by your grandfather that came from his grandfather and you have dumped it in a forgotten part of your store, don't throw it away.
Just a note from me as we, the bottom fishermen, head towards the teens, remember longs don't ever sell, there is insufficient numbers of Nokia shares for hedge funds, mutual funds, unit trust, pension funds, private institutions, all hunting for newly investment grade assets as it is.
Yes but they are facing one problem, hedge funds, institutions, pension funds, private trust, unit trusts, etc are all jostling to get a piece of this newly minted investment grade pie that all, yes all analysts are recommending but no one want to sell until at least $20.
We want to take this opportunity to thank all the American soldiers who not only help to bring peace to the world Jesus Bless. Even if we may not be Americans , yet your acts of bravery and sacrifices for the rest of the world who benefited greatly from it are not forgotten, there will be no forgetting.
In the midst of support from all analysts calling for a buy in the market, of knowledge that hedge funds are buying, of Nok already an investment grade stock with good profit and withou, on the back ground of a stock that has already sky rocketed and long over due for some temporary consolidation, did yesterdays drop made you loose your cool and prompt you almost to sell out ?
Elop longs are exempted, we already know your are already an extinction level event class survivor ( ELE equals : Nok suffering massive loses, monster size competitors like Samsung, Google , Apple, all analysts calling for the end and not just a sell, something like what bbry is going through right now )
Remember, we must expect volatility. Even the best stocks do not go up in one straight line. But it does not change the fact that Nokia is flying upwards.
It was once totally ridiculous to think Apple , long trading at $20 (pre split) , will ever reach $100.
I think the issue is how Msft has transformed Nok overnight. Where we small investors and traders are the ones interested in Nok once upon a time, now pension funds, hedge funds are coming in to soak up everything under $10. With trillons under management, a couple of billions to this guys are pieces of cake literally, just as it is for analysts all over to upgrade Nok to $20 target.. By the way my friend, that is already happening.
Yes my friend, but 3 months ago, virtually every analysts was telling us we should sell even if it goes below 3. Now every analyst is climbing on top of the other to call for $9, $10 and even $20 plus.
Fundamentals has changed overnight when Msft takes over the multi billion dollar losing Devices division, leaving only profitable divisions left for Nok. It seems a irony but well it really puts a new meaning to one man's poison is another man's treasure
That is a good question my friend.
I think a good similar case study would be Apple $100 call of 06/07. It was trading for a lot time at $50 even though the fundamentals are changing (iphone was just about to come out) , then the bravest analysts decided to put a price on it based on nothing but fundamentals, before you know it relentless accumulation started even though there are no real news. Our 'change; is licensing business. It is new, it makes Nokia look like MSFT of the 90s, use my stuff and you pay business. Simple, no overheads, no plants, no unions, no inventory, no marketing expenses, no logistics, just collect money. One analyst is already calling for Nokia to do nothing else but just focus on this new business.
I note the low volume and thought that this is probably due to limit price accumulation by institutional investors. Nokia is right now is in a situation where big boys are hardly selling and only the trading folks are. So new institutions , such as hedge funds as an example, who have an intention to accumulating everything up to say $10, which just soak up every shares at that price, before moving 2% higher and soak everything up and so on until they reach their limit $10 . The point here is there are many buyers with very deep pockets who recognize new Nok value, these are hedge funds, pension funds, etc, what is a couple of billions to them ? And they have every intention to take everything under $10
There is a reason why analyst are calling for Nok to trade potentially well above $20 (15 Euros) . Bear that in mind as Nok transform into a leaping animal.
Most of us would like a 10 bagger, but few have experienced riding in one. It takes a lot of courage, and will be a true test of your ability to take pressure. I am already seeing lots of Elop longs cracking under its intensity and sell. It is sad . If you cannot take it, then do your best to ride this horse by closing your eyes and staying away from the screen, until one year later.
All Nok longs, especially the Elop longs, that is those who.bought in 2s,,could really use this excellent quote of yours 'reality has time to work it's way back'. Most of us are.swimming in a unbelievably massive pool of cash this Christmas, that could drown our core values. So celebrate, enjoy, but be careful.as well. and no one needs to remind us our friends over at Bbry are in their last.days. Just last Christmas they were in the same hopeful bus like us, this Christmas, things couldn't have been more different.
There is one thing I do not quite get it, why are there negative opinions of leadership when it was so clear Elop steered Nokia away from total disaster and accomplish mission impossible.
I think Elop longs, that is those of us who bought into his story and vision in the 2s and 3s , do see Elop as an outstanding CEO that at least led Nokia to a position that allow Nokia to live and fight another day. It may not look great on the surface, that is until you look at Bbry. Not to mentioned there is a good chance Nokia may actually trade higher than when he first join Nokia. It has certainly traded higher than when his pet project, WP first stated, Nokia was trading at high 6 when WP7 Lumia 800 was first marketed.
That is excellet news.
One thing though, when Nok reaches $9.65, they will say target $12, and when Nok reaches $12, they will say $18. I love the one from JPMorgan though, he straight forwardly suggested it may reach 15 Euro. That is well over $20 .
Actually I have been saying $10 by Christmas since March, check my posts.
That said, old Elop era longs must understand that with hedge funds now in. massive volatile swings will likely be the order as we continue to trend upwards, it seems some analysts are already talking north of $20.
There is still some perceived risk as far as institutions are concerned because they needed a confirmation. The Nov vote that is. After that Nokia will be an investment grade stock, and lots of institutions will be egligible to buy .
Nokia.is fundamentally worth more than $10. So in a way a target of $10 is actually too conservative. However it will take a little time to get there as Nokia readjust itself as an investment grade stock. Ultim ately, we should trade in the teens by early next year.