NOK No Bueno

Nokia Corporation SponsoredNYSE

Description

⋅ Oct 24, 2019 6:59 PM

Once upon a time I was super bullish on this stock... I even had 10k shares in my 401k.

Bet your butt I'm glad I dumped this, never get too bullish or bearish on a stock. Bear flag indicates it's got a little further to go.

Chart Patterns

Comments

die4lie

⋅ Oct 29, 2019 10:03 AM

Nokia lost trust and market overreacted. Anyway it may go down to 3$ in few weeks. As big players sell this with no regret.

hungry_hippo

⋅ Oct 29, 2019 10:08 PM

@die4lie, double bottom would be $1.5 (2012), I might consider buying there, no higher. They'll probably suck next earnings report.

HHSPN

⋅ Jan 9, 2020 4:45 PM

@hungry_hippo, Do you still see a dip to $1.5 or did it make a bottom?

hungry_hippo

⋅ Jan 9, 2020 5:32 PM

@HHSPN, depends on earnings and I'm not tracking this anymore. I have no faith in their management, that is all I have to say.

Unless they do a reverse split, the options spread is too big to play with.