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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

06/18/17 at 12:18 PM CDT

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

NOK dividend

As I had posted before, I re-invested the Nokia dividend, I plan to do the same next year, then take the cash in subsequent years.  The position now stands at 74,117 shares.  I am not planning to sell any shares for the next three years.  My average is in the very low 6s so it is now positive.  

I am hoping that this next quarterly earnings report show incremental improvements.  The stock has been digesting the massive move from an intraday low of $4.08 which happened around Nov 15/16 of 2016.  So if the quarter shows great progress on the cost savings, improved gross margins and a recovering of the Wireless sector, I would expect to move up to the $7 level.

 

 

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