"nysexxx • Apr 21, 2015 4:42 PM Flag
You'd be insane to dump it all here. Finally there's a reason to think this stock could be bright in the future. As you know, I have not been keen on this one since it traded north of $8.50. Many thought the Samsung deal would drive it higher, I had mixed feelings on that. But, old Sydney, you are correct, risk has increased, and that is exactly what old NYSE was looking for. Less"
I'm glad I panicked a week ago yes, after holding this company for years...I held until the miserable double-suicide deal with ALU was announced and even then I held on for another week...
I'm very very glad I decided to abandon Nokia after Suri &Co decided to abandon nokia shareholders to dilution
every single time I've seen this happen, the technical traders and algos come in to push the stock in a new unrelenting downtrend...and Nokia just lucked out, the next correction seems right around the corner...Jesus what an unmitigated disaster. You guys had better be very afraid.
and Suri thinks he can handle the landmine that is ALU when he can barely make NSN profitable? He needs to be fired, Risto needs to be fired, the board of nokia needs to be fired. This is an unmitigated disaster.
below the major multi-year support that go back to msft deal...technical traders and algos will be readying their knives next...ALU is NOT lucky
I told you guys I had a gut feel that Nokia was headed the wrong way, I truly hope some of you listened to me....my god, these numbers are horrendous.
If you can no longer trust management to tell the truth to shareholders, it's way past time to get out. Suri told everyone at the CMD they would not do any large acquisitions...now we know the truth. Not only will Nokia have ALU's cash burning machine to deal with, they will need to look to their own NSN. Nokia here is still overpriced.
Suri betrayed everyone. I hope the board fires Suri, fires Risto, then fire themselves, because once again Nokia had it made and then they went and destroyed themselves with their own greed.
Nokia just lost some major multi-year support levels that go back to the Msft deal...technical traders will now come in and hammer the remaining life out of this stock. ALU's first gift to Nokia..it's 9 year long no profit bad luck...
how would you feel if you were a greek conservative military officer about the communism and anarchy taking place in today's Greece...there is only 1 answer
euro actually up...looks like markets distinguishing between Greece and the rest of Europe. If tsipras and yahoofakis were hoping to use the threat of market disruption to blackmail the EU for more free money, they may have miscalculated.
The only market getting hit is the greek market.
how come marissa doing nothing except free ridign on that man's work?
you don't hear them blaming EU for rescuing them do you? How come it's always the Greeks causing trouble? Maybe because Greeks are running a scam on EU, their entire government exists to spend and steal EU transfer payments. Maybe Greeks' greed have taken them one bridge too far?
is it true that gov spending in 2014 was at same level as in 2006? What austerity? Since when is cutting back on deficit spending = austerity?
maybe Yahoofakis and his boss should wear a tie when they go begging hat in hand, trying to extort more money for their pork barrel spending...so far the only one losing out on the "im gonna blow up your market if you don't give me MORE money' strategy has been...Greece...what a bunch of slimeball welfare addict deadbeats.
The Greeks have voted in a democratic manner to put both of their hands into the pockets of their more productive and industrious fellow EU members....one suspects that their intended targets such as the Dutch, the Germans and Finns are not that enthusiastic about their intentions.
For some reason I think the Germans will wipe away Yahoofakis' smirk. I think Greece will soon find out about real austerity. Not the make-believe kind they had used to fool German bankers and other creditors.
making noise, but in the end all they want is more cash to feed their spending habits. They know the EU is their cash machine, without it Greece is just another basket case.
noob playing with fire not realizing he's already set his house on fire. dumb as so proud at yelling we're BK BK FIRE FIRE...bank runs and capital flight is already in full flight...they're turning Greece into Cyprus right before your eyes. Greece which was starting to come out of its depression is now right back where it started and all the sacrifices have been wasted...for nothing.
Iceland the government never defaulted on its debts (the government was fine, the banks were bombs), it just allowed its banks to go bankrupt...totally different situation than here where the debts are with the government and the banks until the crisis were healthy...
There is NO easy escape for the greeks, because its debts are in euros, it would have to default if it returned to the drachma. If it doesn't it will be stuck with eu rules and eu overloards, but if it goes drachma and defaults it becomes the next Argentina/Venezuela.
The rich have already left Greece by now, taking all the lucre, there is nobody left for the Marxists to tax even if they tried.
Reuters) - The European Central Bank abruptly canceled its acceptance of Greek bonds in return for funding on Wednesday, shifting the burden onto Athens' central bank to finance its lenders and isolating Greece unless it strikes a new reform deal.
The move, which means the Greek central bank will have to provide its banks with tens of billions of euros of additional emergency liquidity in the coming weeks, was a response to what many in Frankfurt see as the Greek government's abandoning of its aid-for-reform program.
The decision came just hours after Greece's new finance minister Yanis Varoufakis emerged from a meeting with ECB President Mario Draghi to claim that the ECB would do "whatever it takes" to support member states such as Greece.
In stark contrast, the ECB move, which required the support of a majority of central bank chiefs across the euro zone, shows widespread dismay with the new Greek government's plans not only in Frankfurt but across the 19-country bloc.
The ECB announced its decision, which will take effect from Feb. 11, after those governors met in Frankfurt on Wednesday.
It means that the tens of billions of euros of Greek government bonds as well as bank bonds guaranteed by Athens will no longer qualify as security in return for ECB funding to those banks.
Instead, it will now be up to Greece's central bank to provide those banks with Emergency Liquidity Assistance (ELA), a step it takes at its own risk, ringfencing those banks' funding problems from the rest of the euro zone.
Were the central bank to run into difficulties as a result, it would be up to the debt-strapped Greek government, which can ill afford it, to step in.
The unexpected move followed an appeal from Greece's new leftist government to the ECB to keep its banks afloat as it seeks to negotiate debt relief with its euro zone partners.
The ECB has now effectively refused this request, adding to Greece's problems as Germany rejected any roll-back of agreed austerity policies.
The ECB move was a setback for Greece's Varoufakis, who had earlier pledged speedy talks with international lenders on setting up a new program of reform after abandoning its earlier aid plan.
It puts Greek banks in a difficult position. Two Greek banks had already begun to tap emergency liquidity assistance from the Bank of Greece after an outflow of deposits accelerated after the victory of the hard left Syriza party in a general election on Jan. 25, banking sources had told Reuters.
The health of Greece's big banks is central to keeping the country afloat.