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Technology Stocks : Nokia (NOK)
NOK 6.150-1.7%Dec 4 3:59 PM EST

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To: Lahcim Leinad who wrote (30528)7/19/2012 12:04:45 PM
From: sense  Read Replies (2) of 34857
 
Operating results are twice as bad as prior quarter, showing they are still early in an arc... with the next quarter now being recognized as "worse still"...

There are a couple of really obvious instances of "lipstick" application...

Not all the analysts are buying it...

I think those who say they are... are choosing to be "misled"...

FWIW, on the technical side in the trade, the move to the top of the bollies, premarket... seen paired with the bollies starting to pinch hard today... is CLASSIC. Looking for "higher"... I'd rather see that bollie pinch happening with the price sitting down on the bottom bolllie rather than leaping up to the top bollie as the pinch starts...

Like you, I have no dog in this hunt... but, will continue watching it crater over the next couple of months...

Today the question is only the "half life" of the vastly overly positive spin they put out on this Q...

They stuffed the channel with product they discounted by 50%in a desperate effort to keep the numbers up... basically burning cash BUYING sales numbers to dress the pig up...

You see "analysts" today being surprised and saying... "but, the sales numbers held up"... LOL!!!
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