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Posts: 1,625 | Thanked: 998 times | Joined on Aug 2010
#50
Originally Posted by NokTokDaddy View Post
[...]

This is an uncertain industry in an uncertain time, so of course investors will stay clear of anything other than a safe bet. Of course Nokia's stock is under threat and of course sales are going to suffer.
well, unfortunately, traders are "gamblers", not like the farmer that goes to Las Vegas once a year & loses everything (or if he wins, wins by sheer luck) but like professional players, who analyse
- the risk (probability of a bad outcome)
- the value they will get when this happens

obviously, the investors think that wp is a VERY BAD risk and NOKIA's shares won't be worth... the electrons needed to trade 'em

But at least they have a plan

Irrationally held truths may be more harmful than reasoned errors.
- Thomas H. Huxley
 

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