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/biz/ - Business & Finance


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File: 1 KB, 290x140, nokia_white_logo.png [View same] [iqdb] [saucenao] [google]
27724957 No.27724957 [Reply] [Original]

>proof that finnish companies should not have finnish people do pr or public announcements for them

>> No.27725246

>better than expected earnings
>Finnish version
"Things could have been worse"

>> No.27725256
File: 63 KB, 701x594, sweden_apu_pepe.jpg [View same] [iqdb] [saucenao] [google]
27725256

>>27724957
shut the fuck up, swede.

>> No.27725381

I just don't get why the stock price went down after...good news was reported? Seems like it should be the other way around, yeah?

>> No.27725511

>>27725381
people priced in "way better" news, its just not enough, people sell and leave.

>> No.27725638
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27725638

>>27724957
turpa kii hintti

>> No.27725663

>>27725381
people were hyped up about $NOK pulling some secret weapon out of their ass because of the biz/reddit pump. after they realized that NOK wont be worth 15 till their awesome tech proves itself through all the FUD, people sold because they are retarded

>> No.27725732

>>27725256
swedes are pretty much just as bad when it comes to this

>> No.27725924
File: 45 KB, 350x388, finlad vs swedlad.jpg [View same] [iqdb] [saucenao] [google]
27725924

>>27725256
>shut the fuck up, swede.

>> No.27726206

>>27724957
I have 331 shares @$4.60

what should I do, hold? Sell?

>> No.27726307

>>27726206
hold, wait for GME to blow over

>> No.27726345

>>27725663
Yeah, holding long seems to be a safe bet though. Or buying at the low point right now.

Who would've thought NOK--of all the meme stocks--would be the only one with any longevity?

>> No.27726380

>>27726206
Hold.

>> No.27727165

TUMBLING DOWN

>> No.27727618

>>27724957
NOK will reach $7 by EOY.

>> No.27727720

>>27724957
i'm financially ruined because of this piece of crap
fucking /biz memed me into holding i can't believe this
i'm on the same level with finnish boomers

>> No.27727773
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27727773

I bought 13 shares @ $7.50, right before it really tanked because I'm a fucking retard and listened to reddit. I hate this piece of shit stock and anyone who thinks this is a competently run company that isn't completely dependent on government handouts. "They're not Haiwei" seems to be all they got going for them. Thinking their stock is gonna do anything but stagnate forever is like thinking the Siviet Union's state monopolies were suddenly gonna expand into new emerging markets in the 1970s. I feel like I should sell this garbage because it's got nowgere to go but slowly and steadily down.

>> No.27728243

>>27727720
Just don't worry we are still in the meme stock wars.

Nokia Technologies sales improved 26.4% year over year to €292 million. This was driven by higher patent licensing and catch-up sales due to a renewed patent license agreement. The segment’s gross margin improved 30 bps to 99.5%. Operating margin fell 210 bps to 83%.

In 2020, Nokia generated €1,759 million of net cash from operating activities compared with €390 million in 2019

After this blows over it will climb, not as high as $7 but easily back to 5 and 6

>> No.27729303

>>27727773
>13 shares
>$7.50
>Seething and blaming anons for his personal choice
Is this what /biz/ has become?

>> No.27730164

>>27725256
>Sweden
>Spotify, Klarna, Skype, Ericsson, Telia, Truecaller, DICE, iZettle, NA-KD, King, Storytel, Paradox interactive, Trustly and much more

>Finland
>Nokia, Angry birds
Lmao

>> No.27730242
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27730242

>>27725381
Every single heavily shorted stock that WSB ever shilled for is dropping, isn't the answer obvious to you?

>> No.27731230

NOK is a long-term play. You're not gonna get rich off it by next week you fucking double-niggers.

>> No.27732492

>>27731230
Well then when do expect it to go past 6 dollars?

>> No.27732776
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27732776

Oh yeah we should totally hire some trendy niggers or kikes to do that. Fuck you I won't trust a company unless it's representative is a 40 yo fatso speaking broken English with an accent so heavy you cannot understand what the fuck he's on about and who you'll probably meet after the conference at a local pub getting shitfaced.

>> No.27733017
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27733017

>>27729303
lol yeah I hardly lost anything except some booze cash, but that doesn't change the fact that people are dumbasses for cheerleading an objectively shit company.

>> No.27733137

>>27733017
Nigga you didnt even put $100 in yet weote a whole story about it. So many clowns coming into biz from normie sites

>> No.27733313

>>27726206
im holding strong bro not selling till 12$

>> No.27733533

>>27728243
maaaan I so hope this not jus a bit of copium.........

>> No.27734041

>>27733017
and you are even more stupid for listening to those people

>> No.27734368
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27734368

didnt they release their finances for the last quarter in 2020 today?
looks like they were shit

>> No.27734557
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27734557

Lost about 15k on NOK so far, selling call options for a 2k/month revenue stream to recoup.

If we are up a dollar or so in 2-3 months I’ll sell and be back in the green. Couldve been worse and in-hindsight the potential risk for a potential x2-x3 rally was pretty good.

At least it’s not GME and is meant to be semi/stable and held long term with a dormant potential to keep growing exponentially into 2022.

Also every single discount cash flow model Ive seen puts the stock closer to $12 in real value so holding may honesty be the recommend move here.