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Technology Stocks : Nokia (NOK)
NOK 6.080+0.4%Nov 26 3:59 PM EST

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To: Lahcim Leinad who wrote (30775)7/23/2012 9:25:59 PM
From: sense  Read Replies (1) of 34857
 
Increasing volatility on generally decreasing volume today...

Fewer sellers... but, no real buying, either...

ie., entering something that looks like it could become "drift" ?

Agree we should expect to see more sustained volatility, at some point... making this an easy trader...

Still some months away from resolving whether they'll succeed in saving NOK, or not...

I think Goldman probably has a better justification of their price target than others I've seen...

I'm not in a hurry to load up at this level.

Just a market oddity that risk is often lowest when prices are at the lows... not because the price does properly discount risk that exists... but, because price often discounts risk improperly, and only after risk is realized by those who were previously unaware of the nature of the risk... before it was realized.

I think WHEN you are finally at the point where you can actually hope to determine if NOK will survive or not... it will be cheaper... no matter what the answer to the question is at that point...
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