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Author:

LongTerm CapGains

Subject:

Earnings

Date:

09/08/17 at 2:46 PM CDT

 

 

READ: 4

RPLY: 0

0

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RECS:0

Sentiment:

Neutral

Reply to:

MSG`#4428,`09/08/17
By Jam ok

 

Re: NOK - earnings

Well, NOK announced a 600 person layoff in France, last night.  It is about 10% of the folks working for Nokia in Farnce.  Today Euronex booted Nokia out of the CAC 40, I am sure this was expected.  Last night someone did a $6 put option on Nokia.  I am always amazed by the brilliance of these traders.  The stock today is pegged at $6.  How do they do it??? Must be magic and the dog days of summer.

Good old freaking market.  White collar crime pays, the vast majority of the time.

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