/biz/ - Business & Finance

[Anonymous No.27757470]

Anyone else a total retard like me that fell for the NOK meme? It's a dead company and as soon as this dead stock pumps to 5.20+ I'm dumping my bag. I bought in at 6.20 but still its better losing a little bit compared to what I'm losing right now.. I'm such a fucking retard for thinking this would be 9-10$ at the EOY, this shit will be lucky to even by 5$ at EOY which means I'll have to sit on this trash for an entire year to only just lose a little bit of money compared to what it's current price is. Guarenteed this shit falls below 4$ tomorrow. Ironically, my penny stocks that I dumped my cash into are doing better than this garbage. At what price did you guys buy in and what will you sell at?

[Anonymous No.27757720]

Nokia is dumping now but will reach 6$ within the next 2 years (that's where it was in jan 2019). Just be patient and sell covered calls and you'll break even in 2 years. Not a huge risk here anon. Company will never go outta business or dump super heavy.

[Anonymous No.27758188]

>>27757720
Fuck that, I'm not waiting two years just for it to go up 2$ just so I can break even; its much quicker to take my losses now and sell at market tomorrow and invest elsewhere. Even in the after market it's down 7cents, such a trash fucking company. I really should have looked into them further, they haven't traded over 10$ in 10+ years..

[Anonymous No.27758382]

It's up to you, man. If you need the capital that bad then just sell. If you don't mind waiting then hold. I'm in the same boat as you I took an L but I'll make my money back by end of year selling options on this. Sucks, but I'll just treat it like cash.

[Anonymous No.27759234]

>>27757470
I sold my shares for 9.79 to some poor soul

[Anonymous No.27759698]

Fucking shitmarket, without hype the stock price never goes anywhere. NOK could've released a 20% profit margin earnings-report, 2x EPS and ppl wouldn't give a shit.

[Anonymous No.27759814]

>>27757470
>he really expected Nokia to pump

[Anonymous No.27760123]

>>27757470
Their dumbass CEO just had to open his mouth and tell people that earning would likely be down in 2021. There's such a thing as being too honest. Now we'll be lucky to see 7-8$ by EOY.

[Q No.27760566]

>>27757470
Two more years!!

[Anonymous No.27760797]

>>27758382
>
This. I took my L for buying a a ton of shares at a little over 6 dollars. I'll suffer until it gets to 7 or 8 and then bail. Lesson learned.

[Anonymous No.27760919]

$CLF
02/04/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

-------------
$CLF
02/04/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

[Anonymous No.27761071]

>>27757470
i bought a huge bag today at 4.39
not sure if i fucked up or got a good deal
i might consider selling on the recovery pump tomorrow

[Anonymous No.27761278]

>>27761071
I personally don't see this mooning or anything soon, it just seems like a stagnant stock for me. I'm probably gonna sell mine if it pumps a bit tomorrow.

[Anonymous No.27761409]

>>27761278
i'm a sucker for TA and this seems to have bottomed out and reversed after 20-year long correction and the potential for upside is huge
but yeah I might get out if it goes above 4.5 tomorrow, too many people selling short now

[Anonymous No.27761873]

>>27760123
Yep, after reading that earlier I'm definitely selling at open market tomorrow.

>>27761278
It's heading towards downward decline.

[Anonymous No.27761962]

I would if I spent more than $7 on this.

[Anonymous No.27762526]

>>27757470
>Guarenteed this shit falls below 4$ tomorrow.
my buy target is 2.30, pretty sure its going to fall through both the previous bottom resistance levels by next week

[Anonymous No.27762640]

>>27762526
no bobo

[Anonymous No.27763660]

>>27762640
>no

[Anonymous No.27765040]

>>27757470
Yep fell for this bullshit and AMC like a fucking moron. Never taking /biz/ advice on stocks again. I think there were literal bots shilling those stocks last week.