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Strategies & Market Trends : The Art of Investing
PICK 53.81-1.0%Jan 8 4:00 PM EST
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From: Sun Tzu10/29/2025 2:14:24 AM
1 Recommendation

Recommended By
Arran Yuan

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Nokia (NOK)

WTH!?!

?!

And why was I asleep at the wheel when it bounced off of the green rail around 4?

BTW, back in 2000, NOK was ~ $60. So it had a 93% drop over a 25 year period.
For the record, this is still a $35 B company that makes money. So it is perfectly possible to buy a stock of a company that is in a hot area of the technology, it makes money, and is a blue chip, and still lose 95% of your money if you keep holding on to it while it falls.

Don't let anyone sell you that BS about holding a stock for the long haul if it is a quality company. They are all shitcos. That buy and hold mantra only applies to S&P 500, and even then it has some provisos.

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