Nokia (NOK +4.7%) has cracked the $4 barrier today. Possibly helping is a Bloomberg report that...

Nokia (NOK +4.7%) has cracked the $4 barrier today. Possibly helping is a Bloomberg report that HTC has shelved plans for a large-screen Windows Phone due to the fact WP8 doesn't currently support 1080p displays. HTC recently launched the Droid DNA, an Android phone with a 5" 1080p display.

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Comments (28)
  • lost money
    , contributor
    Comments (258) | Send Message
    what can i say...Nokia continues to perform while apple is deflating..check my previous comments about nokia...last summer i said nokia will double by year end while goldman sachs and morgan stanley were saying to dump the stock while they bought hundreds of millions of shares! SEC please investigate!
    simple not follow the herd of will hit $10 within a year....
    17 Dec 2012, 01:39 PM Reply Like
  • SellHighBuyLower
    , contributor
    Comments (16) | Send Message
    Same here my friend ... still long. Staying long. My 3 EUR Calls are getting into Money ...
    17 Dec 2012, 01:46 PM Reply Like
  • Dantes_Will
    , contributor
    Comments (404) | Send Message
    "Possibly helping is a Bloomberg report that HTC has shelved plans for a large-screen Windows Phone due to the fact WP8 doesn't currently support 1080p displays."


    Why is Seeking Alpha so uninformed half the time? The big news is that Nokia has finally restocked all their North American channels with new lumia shipments.


    With the last two weeks to fill their channels before quarter end, Analysts now have solid estimates to expect Lumia unit volume to beat guidance.
    17 Dec 2012, 01:58 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (13144) | Send Message
    The reason given in this article that $NOK is up makes no sense.
    Since the HTC phone and the Lumia phones share the same OS and therefore share the same limitations, I see no benefit to NOK if HTC finds a limitation with the WP8 OS and therefore can't build a larger screen phone.
    17 Dec 2012, 02:12 PM Reply Like
  • berylrb
    , contributor
    Comments (2373) | Send Message
    I'm with you the news seems tone a negative "WP8 does not support..." Hence Lumia, same OS doesn't support ... Weird?
    17 Dec 2012, 02:49 PM Reply Like
  • alphaRAJU
    , contributor
    Comments (484) | Send Message
    Agreed Luke. I recently went to TechCrunch and all the news was about US companies. Nokia is still not getting respect. Wait 'till the Pureview 40MP is bumped into the L920. I've seen the design, looks good!
    17 Dec 2012, 02:17 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (13144) | Send Message


    I certainly hope that's the version Verizon gets in 4-5 months!
    17 Dec 2012, 02:36 PM Reply Like
  • ericmeister
    , contributor
    Comments (350) | Send Message


    Yeah, the design looks ok, and the prestigious International Forum Design agrees with you. Nokia was just awarded 7 design awards

    17 Dec 2012, 03:36 PM Reply Like
  • mogando
    , contributor
    Comments (313) | Send Message
    As if the Lumia 920 is not heavy enough, they're discussing throwing a 5" screen into it?


    While AAPL is working hard to break below the 100g barrier soon, NOK is going the opposite direction trying to break *above* 200 !!
    17 Dec 2012, 02:45 PM Reply Like
  • raknarf44
    , contributor
    Comments (19) | Send Message
    Yup, phones nowadays are way too heavy with those large fancy screens, big batteries, and high powered cameras.
    17 Dec 2012, 04:55 PM Reply Like
  • ericmeister
    , contributor
    Comments (350) | Send Message


    I think when the next form factor comes in with bendable smartphones, iPhone is the only one being fat and heavy
    20 Dec 2012, 03:52 AM Reply Like
  • Leont68
    , contributor
    Comments (1418) | Send Message
    I have a iphone 5 and a lumia 920. They are both good phones. Weight is not a factor at all.


    What matters is more games for my gf (iphone5) and screen size and low light pics for me ( lumia 920)
    17 Dec 2012, 02:57 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11169) | Send Message
    Nokia only needs a mere 40% gain to simply match the 2012 high.


    Perhaps in a few years Nokia can see its 2011 high.


    The 2010 high will never be seen again, most likely.
    17 Dec 2012, 03:24 PM Reply Like
  • Rookie IRA Investor
    , contributor
    Comments (2863) | Send Message
    So what? With the stock at $3.75 I was as 100% certain as could be that it would soon test $4, and sure enough it did, making me a LOT of money.


    The $2/$2.50 bull call spreads I bought for 20 cents were sold a few weeks later for 30 cents, a profit of 50% in less than a quarter.


    Obviously if you are long NOK at $8 and just passively holding then the outlook is questionable, but then you should have tripled down at $2 and then you would have now broken even with every prospect of a fat profit at $4.50 next month, even without using options.
    17 Dec 2012, 03:35 PM Reply Like
  • Leont68
    , contributor
    Comments (1418) | Send Message
    yeah im with rookie ira. so what :P
    17 Dec 2012, 03:39 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11169) | Send Message
    I still see a lot of user names here at Seeking Alpha who were saying that Nokia was a screaming buy at $6 per share.


    I doubt those people who were so hypnotized by Nokia sold @ $6 then waited for $1.75 then jumped back in.


    People who don't have the ability to properly analyze stocks and instead fall in love with a particular stock then hold on down to the bottom and pray for a recovery.
    17 Dec 2012, 09:56 PM Reply Like
  • ewmpsi
    , contributor
    Comments (1697) | Send Message
    The negative spin that is on the article is simply what sells, right now if you wan't top billing on news servers and top positioning on Google searches negative pieces on Apple and Microsoft are great ways to get there. As for the HTC spin, they are struggling to get back Android market share, dividing their efforts up by trying to gain Windows Phone 8 traction at the same time is only complicating things. They are having a hard enough time getting anyone to talk about the Windows 8x units let alone introduce a new unit. Plus the Samsung ATIVs in U.K. seems to be getting attention that doesn’t automatically go to Lumia.
    17 Dec 2012, 03:28 PM Reply Like
  • vk007
    , contributor
    Comments (81) | Send Message
    Wake me up when NOK hits 40 bucks...
    17 Dec 2012, 04:10 PM Reply Like
  • CashMan75
    , contributor
    Comments (75) | Send Message
    fyi, BB used to be the business man phone, but know they are getting dummped left and right for windows and iphones, based on my observation and taking with saleman within the industry i work
    17 Dec 2012, 04:18 PM Reply Like
  • crozz
    , contributor
    Comments (297) | Send Message
    Guys, what do you think about this interpretation of the Nokia situation the next two months going forward.


    At the moment we have lots of rumors and lots of talk about Nokia being very successful. Those who believe have already positioned themselves. What the remainder of people that are still on the sidelines are now waiting for is some kind of official prove that the good news about Nokia are for real. This kind of prove will only come in with the quarterly results towards the end of January.
    (or Jim Cramer recommending the stock?) Some insiders will already know about the results a week before and speculation might start another week before. Until then (January 15th) we will all be in the limbo and bears dominate having an easy game to scare of people and increase insecurity with stories about supply shortages being fabricated, ...


    So my prediction until mid January: stagnant or slightly declining share price. A further reduction of volatility. Then speculation about positive Q4 results should pick up and we may see a similar run-up of the share price like we had it just before the Lumia 920 was presented.


    Your opinion?
    17 Dec 2012, 04:19 PM Reply Like
  • Abu Bakr Hussain
    , contributor
    Comments (694) | Send Message
    I think that seems fair. Nokia for whatever reason are very reluctant to release their sales figures early. I don't think they quite have the PR nous to know that a well timed press release can generate significant positive press coverage.
    However even before Nokia's results we will see the evidence in gartner and kantar worldpanel reports.
    17 Dec 2012, 05:13 PM Reply Like
  • crozz
    , contributor
    Comments (297) | Send Message
    Do you know about when these reports will come out? Any upcoming broker reports or PR interviews?


    I am quite surprised that the share price went up so much today.
    Maybe the bears, like the analyst above, have lost their power.


    So that from now on we start to see 'mass momentum' due to increasing investor awareness and uncertainty being gone. I guess that over the last month it was mostly independent minded value investors like us on SA and some rogue institutionals like Goldman Sachs who invested. Everybody else was too afraid to catch a falling knife and too much backward looking.
    18 Dec 2012, 05:31 PM Reply Like
  • jjmc2001
    , contributor
    Comments (1357) | Send Message
    I disagree about the volatility. I think NOK will move abruptly on all news until we see some facts in late January. When Cramer says buy I am selling.
    17 Dec 2012, 04:40 PM Reply Like
  • Oscarapple
    , contributor
    Comments (9) | Send Message
    Not bad, not bad at all.



    My take:
    Probably the stock gone fall a bit after OCT 8 Q3 results, but after that 4$ is reasonable before 2013.
    17 Dec 2012, 06:25 PM Reply Like
  • Godis
    , contributor
    Comments (16) | Send Message
    .... and in the other end of SA contributors we got:

    18 Dec 2012, 07:42 AM Reply Like
  • Kamminga
    , contributor
    Comments (186) | Send Message
    I was working for Philips Eindhoven in the '60s when they invented the Compact Cassette. Of course, for about 10 secs we had 100% market share. We licensed tthe cassette concept for free, collected royalties on the machines, but remained a major hardware maker ourselves. How is this relevant?
    Nokia is the original smartphone maker and collects royalties on every one made by someone else. But hardware wise, and market share wise, it got mugged by Apple, which has done a marvellous job of developing the market.
    Today is not then. Today it's also the software that matters. And MSFT got mugged by Android. But both Microsoft and Nokia have woken up and are determined to prove that one is still the King of Hardware and the other of Software. They have decided that running computers and mobiles and tablets on the same OS is a long-term no-brainer as long as it's all of outstanding quality.
    So Apple's market share must decline and iOS and Android must make room. It's how things work. And methinks NOK is the new AAPL. I'm staying for the journey.
    18 Dec 2012, 01:59 AM Reply Like
  • KIA Investment Research
    , contributor
    Comments (13144) | Send Message
    Well said Kamminga.
    18 Dec 2012, 04:02 PM Reply Like
  • needsomebling
    , contributor
    Comments (14) | Send Message
    I think it has to do more with an analyst from Liberum Capital mainiting his buy rating and saying that supply problems seem to have cleared up. I haven't had a chance to verify but he sais that Amazon US is now shipping phones within 24 hours after receiving an order.


    18 Dec 2012, 02:05 AM Reply Like
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