Nokia (NOK) Message Board

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Technology Stocks : Nokia (NOK)

NOK 6.080

0.0%

Nov 28 9:30 AM EST

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To: Lahcim Leinad who wrote (30201)	7/10/2012 11:42:35 AM
From: sylvester80	Read Replies (3) of 34857

There is no question that the selling pressure on NOK stock is coming from Europe and Europe alone. Watch Level II how the price pressure lets up at 10:30 when Europe closes... I'm thinking it's coming from all the european funds and european pensions who have been long Nokia (a european company) and from also all the fired NOK employees as well as Finish retirees (NOK dividend) who have a ton of NOK shares... and ofcourse the plunging euro... and so the selling continues day after day...

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