Jamok,

I firmly believe anything at these prices will make you a good deal of money.  Since I already have a very sizable position, I take the view that in order to add another 15K or so shares, I would like to make it really worth my while/get the best bang for the buck.  Hence my stance on waiting longer and hoping it declines down to those levels mentioned in previous post.  I hope I have the discipline to carry that out.

That said, I really think it all depends on the overall market more so than NOK-ALU.  Even though there are few catalysts, I would not go as far as to say there is no discernible bottom.  Everything does has a low PT. It all depends on where the big money thinks the value proposition is so compelling that it comes in droves to purchase the stock.  Got to remember that a good deal of discounting is already in the stock and the merger deal is a win-win-win, IMO.  Then there is the potential sale of the mapping division, which has gone totally quiet, maybe a deal is near?

Looking at the NOK chart, the stock swooned down to the $6.38 level in early May (just a month and 10 days ago) when it posted disappointing earnings, if it had a double bottom, ALU could conceivably trade for $3.40 or slightly less.  

This is all pure conjecture on my part, but would love to pick up those 15K shares at those levels.