Nokia (NOK) is cut to Equalweight at Barclays and its price target reduced to $4 from $8, with...

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Ben Around Comments (72)
 
Every now and then I find myself reading some of these analysis and forget they are making a guess, just like us mortals.

I like Nokia, they are hurting me at the moment. But I GUESS they will recover and be back to my new breakeven, which I lowered by buying some sub 4.50 shares the past 2 days.

But I GUESS a price target of $4.00 is over kill.
13 Apr 2012, 09:35 AM Reply Like

jjmc2001 Comments (1092)
 
Thanks to Barclay's for telling us to close the barn door after the horses have already escaped.
13 Apr 2012, 09:37 AM Reply Like

DeepValueLover Comments (5073)
 
Nokia will see a $1 handle by Christmas.

Then MSFT will scoop up the company for a song.
13 Apr 2012, 09:53 AM Reply Like

mitrado Comments (1361)
 
So... they lower the price target to the double of it's current price!? And call it a Downgrade!? WTF!?

At the same time, after I've saw so many announcements of Upgrades on Google, I've sold it at the open 647,47 ... and the stock went down.

So... Upgrades means the stocks will fall... and Downgrades mean they can double!? These ratings are so twisted... how can anyone care about them!?
13 Apr 2012, 11:45 AM Reply Like

Mr. Knowitall Comments (2784)
 
No, they lowered it to $4 from $8.

But it's strange how much of these analysts' wisdom is post stock movement. Reminds me of weathermen...

*looks outside* - it's raining.
Weatherman: "Today we will have rain."
13 Apr 2012, 12:05 PM Reply Like

mitrado Comments (1361)
 
Ah, I was a bit dyslexic. Sorry. That makes more sense, indeed...
Even so, doing it after the news is just pointless, isn't it?
Also... this extra slide of the shares seems kind of manipulated. I have a small bet on Nokia. Not worried if I lose it all, but I hope to double or even triple my money (in the next 5 years or so).
13 Apr 2012, 12:23 PM Reply Like

mr wonder Comments (366)
 
Why o why would Barclays, Goldman Sachs or any other giant money grabbing bank, spread the world over with sincere good advices. Only thing what is on big banks mind is maipulating the market so they make huge amounts of cash by trading (buying cheap and sell expensive)... It is their full profession to create ridiculous bear rumours and sell advices, to start buying afetr rates drop.
13 Apr 2012, 03:04 PM Reply Like