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Technology Stocks : Nokia (NOK)
NOK 6.485-0.1%Jan 9 3:59 PM EST

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To: Jane4IceCream who wrote (29288)5/8/2012 9:27:38 PM
From: Pete Mason  Read Replies (1) of 34857
 
Yeah I'm in NOK, got a few shares of the common but mostly in via some cheap July 4 Calls... been wondering if I should pick up some cheap July 3 calls now haha

Not particularly upset at the horrible price action of NOK, my thought is that it will be weak until there is some headline that fires it up, whether it's a patent-related headline, or an equity-infusion headline, or a holy-crap-this-phone-is-selling-well headline.... lots of bad is priced in, but it seems to me that nothing good is priced in.

I'm not so confident that I'm in with all shares rather than mostly with cheap options, but I do like the risk/reward here FWIW

-- Pete
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