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


To: sense who wrote (31097)8/4/2012 8:37:45 AM
From: sylvester80  Read Replies (1) | Respond to of 34857
 
If you look at NOK over the last year they have had days that surpassed that volume. Also, NOK had traded even higher that day in Europe (hit $2.77 which happens to be a resistance level). The trading range on US markets that day (including pre-market) was 2.3 to 2.72 and both of these levels were reached on the rumor of a Lenovo buyout (the high) and then the denial by Lenovo on the low. The Lenovo news and the price range was established during European trading before U.S. markets opened.

So the Knight glitch was a non-event as far as Nokia. And it is the reason the writer of the article you posted did not even mentioned it.