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ogiflip

ogiflip
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  • Nokia's (NOK) bleeding, now -10.4% premarket after its all-out attempt this morning to return to profitability by slashing jobs and shuffling management. And selling its Vertu luxury handset business. And promising to consider the sale of other non-core assets. The job-cut count by Stephen Elop, who became CEO less than two years ago, now stands at just under 40,000.  [View news story]
    Yeah to buy at 2.37 mitrado that might work. But just one question: Is that the bottom of NOKIA? For example see what happened with ALU, EK, RIMM! But if you search for a small fast profit it's ok.
    Jun 14, 2012. 08:36 AM | 1 Like Like |Link to Comment
  • Following Herbalife's (HLF) 20% plunge, D.A. Davidson's Tim Rainey agrees with the company that the selloff creates a buying opportunitydismissing David Einhorn's probing: "If anyone else had asked the question, we would have wondered why time was being devoted to such basic inquiries... This was an excellent quarter from an excellent company with high ethics and strong accounting."  [View news story]
    David Einhorn made one good bet on Lehman, did his short story thing there and now the markets listen to him, makes me laugh. Do you really think that one question can hit an 8 bln dollar company so hard that everything goes down- yes a little only for one trading session. Remember Eastman Kodak go from 1,40 to 0,50 due trading session on rumor for Chapter 11? What happened end of trading day with 0,70, opened the next day 1 USD and after 15 minutes again on 1,40 USD. Made a lot of money on EK. The same here with HLF in less than one week HLF will be among 65-67 USD . Don't buy this bullshit from Einhorn and make your money on the way up before it's too late, cause David made his profits on the way down don't be fooled. You'll see for yourself, won't comment anymore.
    May 2, 2012. 04:25 AM | 1 Like Like |Link to Comment
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