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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (28762)4/16/2012 8:45:40 AM
From: Lahcim Leinad  Respond to of 34857
 
I own a ton...
Pre-market: 3.93 -0.09 (-2.24%)
Apr 16, 8:44AM EDT

Worst case scenario, as already posted to you elsewhere a week ago (can't replay to you there, for reasons you know full well), remains the same:

Bearish Price Obj. (Revised): 2.22
P&F Pattern: Descending Triple Bottom Breakdown
NYSE:NOK: 3.91 -2.74 (-2.74%) - Nokia Corporation (ADR)

OT: Goes to show that SI member thread banning and ignoring does not change facts or stock trends.

Have a lovely day. :-)



To: sylvester80 who wrote (28762)4/16/2012 9:11:14 AM
From: Lahcim Leinad  Respond to of 34857
 
Nokia: no news would be good news - NASDAQ.com

Even though Nokia has partnered with Microsoft ( MSFT , quote ), competition from high-end Samsung ( SSNLF , quote ) phones and cheaper Chinese models have been devastating for the stock. In the week following the launch of the Lumia 900, NOK fell 21.33%. Year to date, it is down 16.60%. For the last 52 weeks, it has fallen 51.15%.

The professional investor community is backing away as fast as it can. On April 12, Barclays downgraded the stock from Overweight to Weight with a target price of $4. On April 13, Zacks Equity Research downgraded Nokia Corporation to underperform.

The short float for Nokia Corporation is now 5.95%, a bearish sign. The trend is definitely not the friend of the shareholders of Nokia Corporation as the share price is double digits below the 20-day, 50-day and 200-day moving averages.



To: sylvester80 who wrote (28762)4/18/2012 4:03:12 PM
From: Lahcim Leinad  Read Replies (1) | Respond to of 34857
 
Closed below $4 for the first time since 1998 today. 14 years. Amazing.



To: sylvester80 who wrote (28762)4/19/2012 7:49:28 AM
From: Lahcim Leinad  Respond to of 34857
 
From: sylvester804/9/2012 2:42:45 PM
Read Replies (3) of 19076
Bought more NOK like I said I would as it came to the $5 area. I now hold 1.6 million shares of NOK or 20% of my trading positions. Good luck to us all NOK long traders and investors.

Sent from my Android Galaxy Nexus.
Wondering what your plan is, given Nokia's losings report today.