• bilton
    $NOK cut to sell by 2nd largest holder $GS. Like I said they were in it for a quick momentum run that appears to have targeted 2.65
    8/3/12
    Reply (14)
    • Leont68: So they downgraded nok from neutral to a sell rating as a rating company. Nowhere does it say they sold their shares in Nok
      8/3/12
    • Leont68: http://bit.ly/Ov2D56
      8/3/12
    • NIKKG: GS is as criminally corrupt as they come, they trying to downgrade the stock so they can scoop up some more on the cheap.
      8/3/12
    • DeepValueLover: It looks like that short but strong NOK rally is now over. This is normal. NOK may continue to rise in the long term. May crash first though
      8/3/12
    • Leont68: yeah, after this downgrade, I suspect Nok will be going down in the short term
      8/3/12
    • NIKKG: DVL, your changing your tune
      8/3/12
    • DeepValueLover: My "tune" hasn't changed at all. Nokia is a distressed equity and not even close to being an investment grade stock ala AAPL or MSFT.
      8/3/12
    • NIKKG: Didn't Moody's a while back cut the share price of NOK to 1.50 and than all of a sudden NOK shares started to surge up past 2 bucks?
      8/3/12
    • bilton: Leon, once again you need to read about it in a real fin pub before posting. Their price target is 1.60: http://onforb.es/MZLrcj
      8/7/12
    • bilton: NIKKG, like was explained to Leon a couple of posts ago, rating agencies don't set price targets. They rate likelihood of bankruptcy.
      8/7/12
    • Leont68: I give up with replying to your post bilton. your to smart for me. But tell me something, are you suggesting that GS sold NOK stock?
      8/7/12
    • Leont68: And are you suggesting I should listen to this Simon and sell my Nok stock? I am actually starting to make money on my shares and puts.
      8/7/12
    • NIKKG: Don't ever listen to those analyst, they only out for themselves, I make over 100 bucks everytime the stock goes up a penny. NOK FTW!!
      8/7/12
    • Leont68: your right nikkg, everytime a analyst downgrades NOK is a time I buy more.
      8/7/12