NOK is about to get Gamma Squeezed just like GME ... currently 113,000 Calls at the Jan 29th $10 OTM strike ... this is about to go parabolic!
And the funny thing is that NOK is fundamentally sound and worth the price increase!
Thanks WSB :)
And the funny thing is that NOK is fundamentally sound and worth the price increase!
Thanks WSB :)
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This is a long-term target price fyi ...don't expect this to happen overnight but considering what happened in GME - don't be surprised either.
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>600k OTM Calls on NOK and rising every minute... this is getting interesting
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Nearing 1 Million in OTM Calls ....
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Give an infinite group of retarded autist monkeys computers and they destroy hedge funds.
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Portnoy announced he will put $1 Million into NOK on market open of 1/28/2021
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The Fins have no clue what is coming their way ... a) they are completely disassociated with US society and b) they don't read reddit in English ... I honestly think we chose the perfect stock for the new Gamma signaling theory ... the shorts are going to get caught blind b/c they're different actors... same smug Fu**s but European smug Fu**s
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Anyone making profits in NOK ... you are REQUIRED to shift this into LINK ... you will easily 100x whatever gains you make in NOK:
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5.9B in cash, 200m in short term liabilities. FCF of 1.9B and that with 500m invested in 5G.... this is really a no brainer
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NOK was literally chosen to set up the first cellular network on the moon.. how this hasn't been memed away yet ... someone here with photoshop skills get to work!
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Bell Labs
NOK also owns Bell Labs ... yes the same Bell Labs that is responsible for MANY Nobel Prizes in Science and Technology .... they've invented nearly every major feature that we use today from connectivity and Telecoms.
None of the intellectual property is fairly valued as part of this acquisition imho...
Blockchain:
Additionally, NOK will service the trillions of IoT devices coming to the world wide web with their Sensing as a Service Blockchain Capabilities:
Today’s world relies on the timely acquisition, transmission and processing of data. Data is turning into a valuable new source of revenue for operators, as well as an effective way to achieve more efficient management of their own network assets.
The Internet of Things will soon see billions of object and devices sending vast amounts of data that need to be retrieved, interpreted and acted upon. Cities are also growing rapidly, leading to a need to process data to ensure they remain sustainable environments for their citizens.
Nokia Sensing as a Service (aaS) brings new data monetization opportunities to operators, using existing infrastructure to offer real-time processed and analyzed environmental data. It also allows them to manage their networks through remote monitoring of network assets.
Service providers are increasing their focus on generating new sources of revenue, enhancing operational efficiencies and reducing investment complexity. Nokia launches a new service that enables innovative monetization opportunities through digitalization of existing network assets, enabling the creation of automated smart contracts that leverage a blockchain backend.
Imagine when Tesla announces an integration with NOK so that Elon can then have fully 100% autonomous cars. There will only be fully autonomous cars once we have Smart Roads with billions and trillions of IoT devices communicating to dynamically moving objects from the 5G networks that will be connected to the IoT devices them selves embedded in roads, traffic lights, utility poles, buildings, etc ... NOK will be a pioneer in this field
NOK also owns Bell Labs ... yes the same Bell Labs that is responsible for MANY Nobel Prizes in Science and Technology .... they've invented nearly every major feature that we use today from connectivity and Telecoms.
None of the intellectual property is fairly valued as part of this acquisition imho...
Blockchain:
Additionally, NOK will service the trillions of IoT devices coming to the world wide web with their Sensing as a Service Blockchain Capabilities:
Today’s world relies on the timely acquisition, transmission and processing of data. Data is turning into a valuable new source of revenue for operators, as well as an effective way to achieve more efficient management of their own network assets.
The Internet of Things will soon see billions of object and devices sending vast amounts of data that need to be retrieved, interpreted and acted upon. Cities are also growing rapidly, leading to a need to process data to ensure they remain sustainable environments for their citizens.
Nokia Sensing as a Service (aaS) brings new data monetization opportunities to operators, using existing infrastructure to offer real-time processed and analyzed environmental data. It also allows them to manage their networks through remote monitoring of network assets.
Service providers are increasing their focus on generating new sources of revenue, enhancing operational efficiencies and reducing investment complexity. Nokia launches a new service that enables innovative monetization opportunities through digitalization of existing network assets, enabling the creation of automated smart contracts that leverage a blockchain backend.
Imagine when Tesla announces an integration with NOK so that Elon can then have fully 100% autonomous cars. There will only be fully autonomous cars once we have Smart Roads with billions and trillions of IoT devices communicating to dynamically moving objects from the 5G networks that will be connected to the IoT devices them selves embedded in roads, traffic lights, utility poles, buildings, etc ... NOK will be a pioneer in this field
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...and an update on Portnoy - he apparently already invested the $1m in NOK
twitter.com/stoolpre.../1354611630710124545
twitter.com/stoolpre.../1354611630710124545
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If anyone is curious I will be buying some OTM call options tomorrow morning.... the end of month February $10 strike options .... you're welcome to join me in buying some
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If you want to learn what a "Gamma Squeeze" is I highly encourage you to read ChristopherCarrollSmith's post:
"There's another kind of squeeze called a "gamma squeeze," which occurs when someone buys a lot of far-out-of-the-money call options on a stock. The sellers of far-out-of-the-money call options usually will buy shares of the stock in order to cover themselves in case the options eventually get exercised. That drives up the stock price. Plus, there are a lot of algorithms out there that buy or sell stocks based on what open options contracts imply about the market's expectations for a stock's future price. So buying out-of-the-money call options can also trigger those algorithms to buy, further driving up the price. In the last couple years, retail options traders, especially on the Wall Street Bets subreddit, have realized that they can manipulate stock prices by banding together to buy lots of out-of-the-money calls. This strategy has been successfully used for over a year to drive up the price of Tesla , and now it's being used on GameStop with similar impressive results."
"There's another kind of squeeze called a "gamma squeeze," which occurs when someone buys a lot of far-out-of-the-money call options on a stock. The sellers of far-out-of-the-money call options usually will buy shares of the stock in order to cover themselves in case the options eventually get exercised. That drives up the stock price. Plus, there are a lot of algorithms out there that buy or sell stocks based on what open options contracts imply about the market's expectations for a stock's future price. So buying out-of-the-money call options can also trigger those algorithms to buy, further driving up the price. In the last couple years, retail options traders, especially on the Wall Street Bets subreddit, have realized that they can manipulate stock prices by banding together to buy lots of out-of-the-money calls. This strategy has been successfully used for over a year to drive up the price of Tesla , and now it's being used on GameStop with similar impressive results."
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YES, this same feedback loop will occur in my estimation once NOK surpasses $10 / share, the option writers (those who are on the other side of the call option) will have to start buying the underlying to hedge their position... this will create an immense feedback loop as option buyers are going to continue to buy OTM calls on NOK forcing the writers to hedge by buying the underlying .... there could be no end in this sort of feedback loop
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And don't let pre-market scare you... the breakout out of the wedge occurred with massive volume - a confirmation of continued upside. We could re-test the downtrend line before bouncing off and going higher... this is designed to shake out any last longs
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several brokers are preventing actual trading in publicly issued stocks.... this is highly fucking illegal .... wtf
www.zerohedge.com/ma...ed-shuts-down-buying
www.zerohedge.com/ma...ed-shuts-down-buying
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I was able to get several more long dated options in on NOK Jan 22 $10 strike at a great price
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I expect once this illegal and highly unethical crackdown on trading publicly traded stocks ends, there will be a backlash like no other
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We're currently retesting the downtrend line now... a bounce off from here is the confirmation signal we've all been waiting for
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Hard to win when they stack the deck against and all collude ... this is seriously f**d up .. I hope the brokers are next in line for an EBT after Melvin Capital
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NOK is indeed bouncing off trendline!
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Looks like they have let NOK trade again ... GME Is back up to 312 .. the squeeze is on again tomorrow
Glad I got the Jan 2022 $10 strikes while it was cheap!
Glad I got the Jan 2022 $10 strikes while it was cheap!
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Just need to see how intact it still is after those dildos had the whole day to themselves and no one else could buy NOK 🚀🚀
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We like the stock 🚀🚀🚀
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Trading ban lifted on GME:
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Due to mgmt undercutting 2021 Revenue and giving a low bar to surpass, this will take a little longer to play out. Mgmt was much too conservative today despite ending the year with terrific results and EUR2.5B which means they will reintroduce a dividend in the coming Q in 2021 and will attract a lot more capital... capital that require a dividend to invest like Pension Funds