Should be over now or within the next couple of days.  NOK opened at 7.97 on January 2nd, and went down to $5.87 on August 24th.  I am guessing that there has been a decent level of resistance as it has moved up due to so many people wich were holding it at higher levels, given the 31 day wash rule, I would expect that tax loss selling should be pretty much done.  I too feel that the $8 level could be reached in the next few weeks, analysts upgrades don't hurt either.