/biz/ - Business & Finance

My NOK have gone down 10% since purchase fuck the Swedish stock market

Let's go earnings report!!

NOK LONG
LONG NOK

>>27670386
50 shares reporting in, I expect some Swedish Fish at least

>>27671476
50 Shares bro reporting in

>>27670386
Guys I bought at 8 dollars pretty much the absolute top how screwed am I

>>27671643
depends on your time preference. just go long and forget you have any

>>27671476
Is "Nokia is Swedish" a meme or are you just retarded

>>27670386
if it dips on earnings I might just cut my losses and get the fuck out.

>195 contracts

I'm in this for the long haul

>>27672387
You've been in crypto too long with such short timeframe in mind. Nokia has a lot in the pipelines and it is definitely undervalued. The only real unknown is how well their 5G technology sells vs the competition. But 5G isn't the only technology they are working on.

>>27672954
I definitely believe it'll go up long term, I just went too hard at the wrong time. Maybe I'll hold on to some and just sell covered calls for a bit.

NOK is the only meme stock I got recently that appears to be doing well. God bless the NOK

>>27671476
love my noks

>>27670386
poor fag here, NOK 41 @ 4.66
and NAK 7 @ .62

dont get your hopes up lads
doubt there will be much change tomorrow

>>27670556
Finnish. But yes I agree.

>>27674189
Definitely not any time soon. Maybe 4.75 tops, might reach lows of $3

nobody panic, everything is going to be great :^)

>>27674309
>might reach lows of $3
that's what I'm hoping for, bought in at 4.64 last week, sold everything today at 4.70. if it craters after this earnings call i'll jump back in and hold till some 5g news or war with china or something

>>27670386
There will be no gains. We should stop buying into memes.

>>27670386
>President Biden's Commerce PIck Sees No Reason To Pull Huawei from Blacklist
NOKbros

>>27675315
https://www.bloomberg.com/news/articles/2021-02-04/biden-commerce-pick-sees-no-reason-to-pull-huawei-from-blacklist

>Tomorrow
Unless it magically shoots up to $50, I'm holding for at least 5 years.

2 hours till the earnings call, then Europe markets

>>27675438
> I currently have no reason to believe that entities on those lists should not be there.
Help an esp noking out plz. This politik-speak with a double negarive sounds confusing to me.
Should the restricted companies remain restricted, is that what she said?

>>27675541
$6 by EOD

>>27675826
>https://www.bloomberg.com/news/articles/2021-02-04/biden-commerce-pick-sees-no-reason-to-pull-huawei-from-blacklist
She's saying something along the lines of:
I didn't place these companies on the list. Nothing has come to my attention that would give reason to move them off the list.

>I look forward to a briefing on these entities and others of concern.
yeah NSA is going to scare the shit out of this bitch, i don't see it coming off that list. whats going on in europe though, isn't Germany fine with Huawei and china now

https://www.politico.eu/article/germany-huawei-telecoms-plan/

fucking krauts

>>27670386
Lol bought at 6.50 this better at least let me out even

okz grandpa, keep holding your ancient meme coins
I don’t follow these shittokens, I have xsn on my portfolio
If this niggers believe in that scam this is their problem.
Layer2 DEX is gem.

>>27675945
That would be better than what it's at right now.

>>27676054
Arigato.

Btw, heres a smol breadcrumb
> $100 NOK is impossible
5G is expected to have a $3.5t in 2035, $1.1t of which are Germany, US, England and France. If Nokia oversees 50% of this market, it will have a $550bln revenue, which is 20 times from its currenty revenue.
At its apex, Nokia was $40-60 a share with a revenue below $60b.
How can you doubt that being the backbone of the decade defining tech will being NOK higher than it used to be? It will probably take ppl faster to add these things up than by 2035. Even, if we assume that $100 is reached in 2035 earliest, that means +22% yearly appreciation 15 years in a row. Very solid

5G is absolutely required to have IoT and autonomous cars and AR. It supports x1000 device density, not even joking. Speeds that currently go with fiber. Ultra low latency. 4G put youtube and netflix into each persons pockets, 5G will make Internet so widespred that you could have a dozen connected devices on your body in 10 years.
Im phoneposting, so cant share the report. Iirc, it was an IFS report from 2k17. An interesting read.

>>27677039
Sounds like it'll turn my cheap shares into a comfortable divvy stock

I'm pretty sure the NOK pump was just a big hedge fund prank to show just how little they give a fuck about reddit trying to play in their sandbox

You know, there are companies that manufacture the parts that Nokia use in their devices that are publicly traded, too.
Their stocks are pretty cheap.

This might hit $10 by EoY worst case scenario

>actually like nokia
>could have bought at 4
>fells for the memes and went in on AMC instead at 15
Yeah i'm thinking i'm a retard

>>27677287
unironically a dude on benzinga was saying he didn't think it was reddit people but the big boys doing something, cause they waited till after the euro market closed

https://youtu.be/_0T4I7n3PSo?t=3299

predict NOK will drop to 2 dollars tomorrow.

>>27678038
why

>>27671643
you should have just bought more at the dip today and it would have even out

>>27677292
I sold TSMC the other day for 127.5
Cant say if the dip is over i should grab it back asap

>>27677287
every time i look at it, it looks like a middle finger telling me 'you dumb cocksucker you should have sold'