Seeking Alpha
  • Seppo Sahrakorpi
    90's is back. Just got little $SNE @11.04 to keep company to my long $NOK
    12/19/12
    Reply (32)
    • oneinfiniteloop: @Seppo2, I know $SNE and $PCRFY.OB are both down quite a bit - but what are the drivers for their upturn?
      12/19/12
    • oneinfiniteloop: Both of them are bleeding money big time. Your insight will be most appreciated.
      12/19/12
    • turtledividend: lol. someone is a bit nostalgic.
      12/19/12
    • turtledividend: 3rd day of the $NOK Week of Redemption closed @ 4.21pps w/ 80 + million trading volume. PPS is definitely being suppressed.
      12/19/12
    • turtledividend: Average mean support for NOKIA is @ 3.91. Looking good and healthy : )
      12/19/12
    • Seppo Sahrakorpi: @oneinf Just a quick trade position. I like the volatility and the Price/book of 0.46 (hopefully indicating safe bottom). $SNE also seems...
      12/19/12
    • Seppo Sahrakorpi: ...to have bottomed in early Dec. We'll see....
      12/19/12
    • Seppo Sahrakorpi: @turtle I tried to find Altavista,. but it has vanished somewhere???
      12/19/12
    • turtledividend: @ Seppo YAHOO???
      12/19/12
    • Seppo Sahrakorpi: @turtle OMG, you are a genius, will have to buy some ASAP...
      12/19/12
    • turtledividend: I believed they dropped the search engine and gone to retail, then vanished in thin air. It's probably stuck under Google's shoe.
      12/19/12
    • turtledividend: I held Yahoo for 2 years and had sold it. Now w/ an ex-google at Yahoo's helm, you never know.
      12/19/12
    • oneinfiniteloop: @Seppo2, be careful with $SNE I think it might go down to about $9 before it turns around. Apart from TV haven't seen much from $SNE.
      12/19/12
    • oneinfiniteloop: Camcorders, Cameras are being replaced by Phones. BlueRays are a commodity and Samsung is eating their lunch.
      12/19/12
    • oneinfiniteloop: I think they are facing a lot of margin erosion and the high Yen value isn't helping them at all as their costs are high.
      12/19/12
    • oneinfiniteloop: Also, if Yen dilutes which is very likely - that will result in further dilution of the stock's price in dollar terms - isn't that true?
      12/19/12
    • turtledividend: @ infinite - Nokia offers that in their latest bundle package called the "Nokia Lumia 920".
      12/19/12
    • oneinfiniteloop: I think with Nokia's tablet they can literally take it to an entirely new experience level.
      12/19/12
    • oneinfiniteloop: Heard that Kodak is going to sell all its patents for $500 million, not sure who is buying those patents.
      12/19/12
    • turtledividend: oh yeah, I keep forgetting about those Nokia tablets. Tempted to add another position, but rather increase my liquid for next years alpha.
      12/19/12
    • oneinfiniteloop: Even though the market was down ~100 points, $NOK managed to rack up gains with heavy volume (not as much as yesterday - but understandable)
      12/19/12
    • Davidoff: SNE is a solid play, Japanese banks are backing them no matter what. The only problem is who'll back Japanese banks in their 30 year crisis.
      12/19/12
    • Davidoff: The new PS won't be released before 2016 and the TV business is gloomy. The positive things are Sony Studios Music and unlimited credit line
      12/19/12
    • oneinfiniteloop: I would love to own $SNE (and $PCRFY.OB) at some point, they are amazing companies but IMO with YEN likely to fall, $SNE will go down further...
      12/19/12
    • oneinfiniteloop: ..better to hold off until the dust settles on Yen. I think Japan will try their level best to have the Yen slide.
      12/19/12
    • oneinfiniteloop: Is there a way to play Yen given that Yen is going to slide, IMO in the next year or two Yen will be 125+ to a dollar minimum, any ideas?
      12/19/12
    • oneinfiniteloop: On the contrary, I think, Euro will go to about 1.40+ in a year or so - Nokia is a good play to capitalize on this 5-10% move in Euro.
      12/19/12
    • oneinfiniteloop: That is why I think Nokia opening factories in Vietnam, India and China is a good thing...
      12/19/12
    • oneinfiniteloop: Although as we know Renminbi is likely to go higher but it will still be pegged to Euro so net it might still be advantageous to Nokia.
      12/19/12
    • turtledividend: @infinite - You can FOREX at your own risk :)
      12/19/12
    • turtledividend: With the euro crisis easing combined with euro monetary increasing, it will surely play a positive factor for $NOK.
      12/19/12
    • oneinfiniteloop: I have never played in currency markets. I am waiting for Gold to start its downward trend, that will coincide with upward movement in Yen.
      12/19/12