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Re: Let's talk Nokia stock. Really.
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This is my favorite:
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Every time I thought of Stephen Elop, over all these years, I always kept imagining this scene in my mind--and his throwing the iPhone around on-screen once certainly didn't help--even the same daft grin and vacuous, subtly cross-eyed look: http://youtu.be/sm1Jyusyoqk (The paddle scene = Maemo/MeeGo) ;) |
Re: Let's talk Nokia stock. Really.
I guess I answered my own question of how they will keep Nokia manufacturing devices for them after Ballmer retires. I more than doubled my investment and Nokia will be profitable again. Great news and its clear that minnows in this game have little chance of survival.
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Where is the king of Symbian now? His kingdom was just ransacked and obliterated.
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So what was the Stock price of Nokia just before this announcement?
And what is the Stock price of Nokia after 12/24 hours? What was the Stock price of MS just before the announcement? And what is the Stock price of MS after 12/24 hours? |
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I cashed out at 5.35. More than doubled. Love it.
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Actually looking at it, this was a brilliant move by the Finnish board. They knew they lost the battle in mobile devices and OS, and decided its time to cut the dead weight and concentrate on telecommunications. They acquired Siemens and still have their patent portfolio. They are sailing into a new territory, and its good for everyone. Viva Nokia!
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Re: Let's talk Nokia stock. Really.
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Elop is an artist. This was the best part of his race to the bottom:
Feb 9, 2011 ($11.73) -- Jul 17, 2012 ($1.69) Stock loses 85.59% of its value in less than a year and a half. Attachment 33287 But the largest pre-Elop drop in the post-iPhone era was: Nov 6, 2007 ($41.10) -- Mar 2, 2009 ($8.74) That was a 78.73% loss. Elop is the winner! Attachment 33288 |
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fantastic world of capitalism we live in. The dictators are the rotten CEO's
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However that will not make the devices any more attractive to me. :D |
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What I meant, yes of course they will be cranking money to the machine, and making cheap WP devices on hopes of getting a slice from the handset markets. But they are Microsoft, I mean I had no intrest to Lumia devices when they were Nokia and it is even less if possible as of now. The devices are just not intresting, you cannot do anything with them. |
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Largest drop is under the Finns... http://talk.maemo.org/showthread.php?t=91266&page=7 |
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http://talk.maemo.org/showpost.php?p...0&postcount=67 |
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I actually think that NOKIA got a great deal here. Their devices and services division has not been doing well at all. MS overpaid them.
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I have a great scenario where you get to short the stock under the old regime, and then you can buy some back under Elop. Care to play? |
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I'm not sure I understand why you're both pissing back and forth about this without actually laying out the numbers and stats for what you're telling the other to STFU about. Furthermore, it's distracting from the very same conversation you're having to simply tell the other to shut up. Elaborate so everyone else gets something valuable out of this or else don't bother replying.
Thanks! |
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Love you man. |
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All we have been talking about is Microsoft CEO, who will be the NOKIA CEO after Elop? Will they bring in crazy Tomi A to bring back ovi store and Symbian....hahhahahhahahah.........but jokes aside, who will be the NOKIA CEO?
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Rajeev Suri, maybe? |
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Risto Siilasmaa, who is the chairman of the board, is the interim CEO. Man I will laugh if the shareholders block the move - Microsoft would be totally screwed then
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It certainly doesn't seem to provide the shareholders with any value thats for sure.
rgds |
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Here's what the board was thinking at the close of business on July 17, 2012: "Steven's got this!" It took Elop less than a year and a half to decimate Nokia. The rate of loss looks even worse for the mole, but that's left to the reader. Quote:
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