$0.10 is the value of the tax penalty - that India just declined payment of!
What's the factory worth, to MSFT or to India, or to the whole deal? $0.10? Ha!
Take the 3 or 6 month and extend out a couple months and tell me a $7.50 test wouldn't look perfectly natural. It's a ways to go, and I'd rather not really see it, but if it does it'll be fast so be ready! You will see this board on fire with the "manipulation" threads and what not. Just buy!
2014 $18B NSN revs at 8-12% profit and $10B+ in the bank, this stock never sees $4 again unless NSN broadcasting gives people cancer.
Sounds like you need Deadwood season 1-3. Have all 3 at the homestead. Wish HBO would have finished the series, but must admit Game of Thrones gets priority as it should.
"Why did you transfer Rs. 3,500 crore abroad? Was it not your intention not to keep liquid assets here? You had Rs. 4,100 crore cash here (dividend and tax combined). You repatriate it.
I would sooner make deals in Israel than deal with a speculative, acquisition-ignornant, stone-age greedy suspicious natiion such as India, dictating about as a King what your cash can do.
So this is stemmng from Nokia moving cash back to Nokia, when that cash is not part of the sale to MSFT. In other words, MSFT did not buy the cash sitting in India. What a bunch of clowns. Greedy ignorant suspicious clowns.
Most heartbreaking is Nokia's seeming willingness to meet the original demands. Well sorry Nokia, looks like you are dealing with gangsters that want to change rules when you come to the table.
More than one of us here on this board said to SHUT IT DOWN so long ago back in January when this all came about,
The US markets will be closed Thursday 28 November, which is the same day of the next Nokia/India hearing to unfreeze Nokia assets. If NOK falls back to $7.70s tomorrow I will be shopping.
(Reuters): The sources said [the Delhi High Court] will hold a hearing on November 28.
And NEVER outright sell shares! If you want to lock in gains, write covered calls, collect the premium, and let the shares go if you need, or if the stock stays high then keep the premium and let them expire. Selling shares is silly when you can write covered calls!
Paperwork is the same as with a standard share buy and sell, nothing special there.
The 15% you've mentioned several times, those are speculators trading out-of-the money options.
Say you want to trade Walmart but don't have a lot of capital to buy shares. So buy in the money $25 long dated calls, basically at a low premium. You are then leveraging your capital to trade more shares at a lower price.
If you instead bought $80 out-of-the-money calls then yes you run a significant risk of losing all your investment.
Perhaps the Board was so willing to unload Devices because it knows what's coming. Why not discard it, license the new tech, and get a piece of every sale instead of just your own. Folks are excited because of the grant Nokia won for graphene research. I believe it's a 10-year term, so we have a little ways to go. But yes, certainly there are other products Nokia will be bringing to market. Mr. Elop promised Nokia would put disruptive products to market. If that was supposed to be the 1020, well, while nice, not exactly disruptive.
Earth you haven't been around long enough. I lost plenty Oct 2012 and Jan2013. Well up from those losses today. Largest positions I've ever held.