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Author:

Jam ok

Subject:

Off Topic

Date:

02/19/16 at 1:35 PM CST

 

 

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Sentiment:

Neutral

OT - NOK

Not sure why NOK is getting relatively hammered today. There are some stories taking about technical hurdles with getting the rest of the shares - apparently, it takes 95% ownership to involuntarily 'sqeeze out' the remaining shares. On the other hand, there are the stories of NOK buying or issueing shares in a 'private offering' - which I would think may be their way of working themselves to 95%. I'm quite tempted to buy again here. But, given some of the headwinds they face short -term (weak guidance, etc.) I can't get my fingers to pull the trigger - yet :-)

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