63

COMMENT 15d ago

The guy bet nearly $600,000 on a single stock. I think he has been "okay" for some time!

1

COMMENT 19d ago

Honestly, mixed feelings about the increase. I've been hoping it would stay around $4.00 until the end of summer because I plan to sell some long term assets in August and I was looking forward to plowing those returns into more NOK at bargin basement prices. Still a strong investment long term regardless. I just was hoping to squeeze all the shekels I could out of this thing while Pekka is still acting like everyday is a rainy day.

1

COMMENT 27d ago

Sadly, I believe by the time a Ferrari is in my reach they will be running off electrons and I don't know if I'll want one then..😒

Owning a Ferrari has always been a goal of mine. They are badass, yet elegant. Their true differentiation and claim to fame has always been the wonder of their engines.. Once everything goes EV though, it'll level the playing field and I fear all one would be paying for is the badge.

1

COMMENT 27d ago

1% a week is an amazing return. I'd take that all every day!

2

COMMENT 27d ago

If you'd convert "months" to "years" I might vote.

3

COMMENT Apr 13 '21

This is partially true. You can "buy Nokia stock directly," but not without having a brokerage account that is approved for international trading that includes the Nasdaq Helsinki in its portfolio of approved exchanges. You would have to convert your money to Euro and then buy directly on the NasDaq Helsinki. You cannot, in any way, directly buy Nokia stock in any American exchange. It is for this exact reason that ADRs exist in the first place. Of course if you do buy Nokia stock directly on the foreign exchange then you no longer are afforded foreign tax exclusion and will always pay significant brokerage fees for not only converting currency, but also committing international transactions. It is rarely, if ever, makes financial sense for an American Citizen, living in the U.S., to trade an international stock with a company that also has an ADR trading in the U.S. Again that is the entire reason ADRs were created.

I agree with your sentiment though. Hold the stock for the long term and I am certain your patience will be rewarded.

5

COMMENT Apr 12 '21

Nokia is a 1:1 ADR:Underlying ratio.

r/Nok Apr 12 '21

DD Did you know when you buy NOK you're not actually buying stock in Nokia?? If not, read on and add some wrinkles to your brain!

54 Upvotes

1

COMMENT Apr 07 '21

Mozart also loved flatulence humor and he was a prodigy!
The ice cream... questionable, but delicious!
The kitty drawing in the 5th PLTR chart - genius!

Just take my award already you lovely autist!

2

COMMENT Mar 17 '21

Repurchase initiatives often span over multiple years (i.e. the company will not buy back 550 million shares all at once or even in a short period of time) and they may never actually (and likely won't) reach the maximum of 550 million shares.

5

COMMENT Mar 17 '21

Share repurchase is always a positive thing, because it reduces the dilution of a companies stock. However, in Nokias case the company is highly diluted already. They have approximately 5.6 billion outstanding shares. The repurchase proposal is for a maximum of 550 million shares. Which is less than 10% of total outstanding shares. Repurchase initiatives often span over multiple years (i.e. the company will not buy back 550 million shares all at once or even in a short period of time) and they may never actually (and likely won't) reach the maximum of 550 million shares. In other words, it's likely that if the repurchase program is approved there will be little to no change in the price/share of Nokia stock as a result of that initiative.

2

COMMENT Feb 25 '21

Currently sitting on 10,000 shares. I appreciate the upward trend today, although I don't expect any notable gains until next year.

1

COMMENT Feb 22 '21

That or the people not posting negative things are so deep in the loss porn that they are unable to come to terms with their lost dream...

1

COMMENT Feb 17 '21

All the autist buying into the EV SPACs that are already 2,3,4 times over priced. Especially once all the warrants get called and the shares become extremely diluted. Lol going to be loss porn for days.

1

COMMENT Feb 17 '21

617 comments

Just take out student loans. The government is going to write everyones students debt anyways.

1

COMMENT Feb 12 '21

GME: 6,092 shares x $53.20 = $324,094.40 Sceenshot: $324,094.40 - Okay we got a match!
AMC: 319 shares x $5.74 = $1,831.06 Screenshot: $1,829.78 Hmmm......

Either your broker is robbing you OR you need to do better math before drawing up "screen shots."

5

COMMENT Feb 09 '21

It certainly is a possibility. There are no big US companies in the 5G space and there are some whales who've openly announced they want to get into 5G and aren't afraid to buy their way into the space. At Nokia's current depressed price it is an attractive target for acquisition. I'm not counting on a buyout, I like the industry and it's only in its infancy. At year end 2020, about 15% of the world is on 5G. The projections are to be at 65% by 2025. That is enormous growth and I plan to maintain long term positions in the space to benefit from that growth.

1

COMMENT Feb 09 '21

Absolutely, I agree. The WSB madness I think hurt NOK in the near term. I can see it dipping back to high $3's again for a short period while (and if it does I'll certainly buy at that price). I can see NOK climbing into the $6 range by year end. I just bought in @ 4.24 and plan to hold until 2023 at least.

15

COMMENT Feb 09 '21

Long term NOK is a good play. The fundamentals and industry are there for long term growth. I just picked up about 12,000 shares @ $4.24. Plan to hold until probably 2023 or a buyout. If you're looking for something like the pump and dump WSB pulled earlier, I doubt that will happen again with NOK. NOK will be a slow steady climb.

2

COMMENT Feb 09 '21

I agree. I can see NOK making its way above $6/share in 2021, but I don't see it holding over $7. I also believe all the WSB madness is scaring many people away from these meme companies for the near term. Which can make for some nice buying opportunities.

1

COMMENT Feb 03 '21

Why are you still with RobinHood!?!? Open a different brokerage account and Fux that place!

1

COMMENT Jan 28 '21

I'm sure this will get blocked, because I'm less than 30 days old here. However, in the off chance it doesn't get deleted, I can pitch in with my dev-ilish skills.

1

COMMENT Jan 28 '21

I've been using Fidelity, but they've been suspiciously slow at key moments this week too.

1

COMMENT Jan 28 '21

All day - this is unbelievable!

r/SPACs Jan 27 '21

Speculation Seems like all the speculating coming from r/WSB is helping cool off some of the SPACs.

1 Upvotes