Thread: Let's talk Nokia stock. Really.
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danramos is offline danramos
2013-09-04 , 05:57
Posts: 4,672 | Thanked: 5,455 times | Joined on Jul 2008 @ Springfield, MA, USA
#2013
Originally Posted by Lumiaman View Post
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!
Wow! So NOW you admit that they were losing their battle in mobile devices and that the OS was flailing? For once, I agree on everything you just said above. It's nice to see you coming around to reality.

Originally Posted by daperl View Post
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
It takes a LOT of effort to go from #1 cellphone maker all the way to the last place! It was a VERY fast race to the bottom! He's got Microsoft written ALL over him! GO GET HIM, MICROSOFT! This is DEFINITELY your boy!

Originally Posted by cheve View Post
Q: were there any stock spliting between Nov 6, 2007 to Mar 2, 2009?
According to both Yahoo and Google finance charts, there were dividends but no stock splits. (Why would they stock-split during those periods??? hahahah)
__________________
Nokia's slogan shouldn't be the pedo-palmgrabbing image with the slogan, "Connecting People"... It should be one hand open pleadingly with another hand giving the middle finger and the more apt slogan, "Potential Unrealized." --DR