So does an India regulatory authority sanction the sale to MSFT because:
1- A deal has been made, or
2- They know it doesn't matter anyway until India releases NOK assets, meaning a future deal MUST be made?
There is only 1 thing alive that "owns a lot of ORIG."
Mr. Economou and his family.
Clock is ticking on taking ORIG private and allowing DRYS bankruptcy. Sold for scraps as it were. I hear Cardiff wants its ships back from DRYS at pennies on the dollar. Expect an ORIG share sale soon.
Anyone looking at level 2?
3-way split. Notice ERIC was edged out of the deal and ERIC also guided lower N. America revenues to come. NSN should not be trading with ERIC, the fundamentals are opposed.
Low $8's is not only a Fibb level, it's right about EUR 6.00 per share. Major resistance ahead that perhaps the shareholder meeting can resolve.
CEO of the Year Stephen Elop would not compromise on Advanced Technologies. Almost certainly had to be a sticking point from the Board when they first pondered the Devices sale however long ago.
Face it folks, he turned this thing around.
Boom. 1M trade 1 block on the buy side $7.63, more than was sold down the last 10 minutes in 1 trade. No way I short NOK right now!
Watching the streaming quotes today, home sick.
There will be huge blocks of sell orders that come every 5-10 minutes, and as soon as they all clear, a 100 share trade bumps the stock back up a penny.
Someone is trying very hard to push this down and seems to be 1 lonely player. God bless, his margin will be exhausted pretty soon I think!
You covered cost, tax, and tip, and then some already. If I was swinging that many calls, I'd hold until after the shareholder meeting, then dump out down to 500 calls with intent to take the 50,000 shares for free at $3 basically at that point. Most of us are expecting both:
1- Already annouced share buyback to commence 2014
2- Dividend reinstatement in 2014
Of the legally drafted sort?
Perhaps this tax issue is their only defense. Their only option. Freeze some NOK assets until you get a contract with MSFT that Chennai goes nowhere and will remain operational.
Check out the nice chart TechCrunch just put out.
Remember all those stockout stories? Sequential volume growth looks rather engineered, no?
Stephen Elop, 2013 CEO of the Year. Maybe Lumia could have hit that way faster by doubling the production budget. But what if they ran out of cash on a flop and still only be half of NSN?
Agreed, maybe $7.59+ or around 2%. The press has been moody all day. Positive early, growing negativity to the afternoon, now starting to glow a little while Europe is sleeping.
I added December 8's at $0.12. Expecting decent earnings, the shareholder meeting to go well, India to release NOK assets, and Samsung to settle all before end of year. Already in November $7s at $0.15.
Count me in. Proper tag is THeRmoNukE.
Wouldn't be the same without momo and phands. No fighting, I would love the back and forth. Then we go play some hold'em.