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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

04/07/16 at 3:14 PM CDT

 

 

READ: 3

RPLY: 1

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#3548,`04/07/16
By Jam ok

 

Re: OT - NOK

Agree, NOK is certainly trading as if more bad news is coming.  Still cannot find anything.  The market will not give it the time of day; it will do so when solid positive news are delivered.

The company is some 30 cents above the price it closed at on 9/2/2013 the day after the announcement that MSFT was buying the handset division for some $7B. Today the company has larger revenues, it just bought ALU which gives it a much more diversified product portfolio, expands it global foot print, and still has a ton of cash.  But no matter, the market does not care.

bbc.com/ne...940171

 

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