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/biz/ - Business & Finance

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27827993 No.27827993 [Reply] [Original]

You told me 4.7 was the bottom

>> No.27828832

>>27827993
lul I bought at 4.48 and 4.5. I actually hope this shit goes down to 3$ so I can buy more. don't sell and stop being a faggot. And NEVER INVEST MORE THAN YOU CAN AFFORD FFS.

>> No.27828901

this can't be happening bros im down 20$

>> No.27828991

This shit right here was my first stock investment ever.
I've been reading threads and other sources of news for weeks before buying a shitload of stocks.
Everyone told me how save this would be, despite me being sceptic as shit. It's fucking Nokia after all, of course it'll be shit.
Well, thanks for trolling me, I guess.

>> No.27829093

>>27827993
Nokia has been my worst purchase. I didn't realize it was linked to meme stocks when I bought in. Oh well.

>> No.27829114

Retards, $4 is the bottom. I don't know why you're crying. Is it because you're not getting pump and dumped?

>> No.27829717

>>27829093
>>27828991
at worst you'll lose 20% at best you might make over 100% in earnings. The Q4 2020 report is good. Nokia is a stable company and this shit is happening because it got related to the gamestop fiasco. I mean
" Solid margin performance driven by customer demand in North America

5% year-on-year decrease in reported net sales in Q4, primarily due to Mobile Access, as declines in network deployment and planning services were partially offset by growth in radio access products
1% growth in constant currency net sales in Q4
Continued improvements in our Mobile Access portfolio; strengthening roadmaps, reducing product costs and improving product performance; commitment to invest in R&D to drive product leadership
Increase in Mobile Access gross margin in Q4, primarily driven by improved 5G gross margin, partially offset by a project-related loss provision
Positive operating profit, on a reported basis, in Q4 and full year 2020
Non-IFRS operating profit in Q4 benefited by approximately EUR 250 million, due to the timing of revenue recognition and a net positive fluctuation in Nokia’s venture fund investments
Strong free cash flow in Q4 and full year 2020 benefited from an early customer payment of approximately EUR 0.5 billion, which was expected in Q1 2021
Derecognized EUR 2.9 billion of Finnish deferred tax assets, which are not lost
Reiterated outlook for 2021 comparable operating margin of 7-10% and provided new outlook for net sales and free cash flow
Board does not propose a dividend or dividend authorization for the financial year 2020

This is a summary of the Nokia Corporation financial report for Q4 and full year 2020 published today. The complete financial report for Q4 and full year 2020 with tables is available at www.nokia.com/financials. Investors should not rely on summaries of our financial reports only, but should review the complete financial reports with tables."

>> No.27829807
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27829807

if you don't have patience for it maybe real world investing isn't for you, should try crypto it appears to only go up and is in no way a bubble or complete fucking bullshit

>> No.27829953

>>27829717
Vittu pojat lets goooooooooooooooo

>> No.27829975

>>27829717
I'm not selling. I'm just annoyed that I didn't buy lower. My average is around $4.80

>> No.27830698

>>27829975
same. i'm still not sure if i should buy now, or wait until it goes below $4

>> No.27830840

Moonshot???

>> No.27830882

>>27829093
this. no idea why I thought a company that has basically been irrelevant for 20+ years was a sound investment. High on the GME hype I suppose.

>> No.27831201

>>27829093
I knew it was but yeah it hasn't done well at all. At least with AMC it's tanked low enough at points to justify buying more but Nokia is the quintessential crab stock. Since dropping off it has done literally nothing

>> No.27831554

>>27827993
pls tell me this will go back to $7 by eoy...

t. bough at $7

>> No.27832213

>>27831554
No. Maybe $5 EOY if they score some more good contracts

>> No.27832355

>>27829717
The company has every reason to succeed this year and next, but that doesn't mean people will buy the stock. They see NOK and use their emotions to assume it is the same dead company if was 8 years ago. The issue is not the company's progress, the issue is the company's tarnished brand. I'm selling if we get down to $4 or if I break even. Not gonna hold 35 stocks for the next 8-12 months.

>> No.27832869

Should've bought Ericsson instead

t. ericsson employee

>> No.27832968

>>27829114
$2 is the bottom read a chart

>> No.27833190

>>27827993
Why do you fucking retards keep buying this at its highest and then desperately sell because it dips a bit. Stop doing daily trading when you literally have no aptitude for it and start thinking long term.

>> No.27834018

>>27827993
All NOK threads are the same people and I can tell who they are
>Guys I’m new spoonfeed me how many shares do I need??
Became
>I seriously trusted you guys I bought 10 shares and I’ll never recover thanks a lot.
>I bought 15,000 shares this is mooning
Became
>(after panic selling at 7% loss)You idiots this is going down to $1 get out there’s no hope for gains or to break even you retards fell for a meme
I recognize you two in every thread.

>> No.27834129

>>27834018
You two are in every thread I swear

>> No.27834257

>>27827993
FUCK YOU!
NOK IS NOT PND!

NOKIA IS BAE!

ALL BOOMERS KNOW WHAT IM TALKING! BEST MOBILE PHONES EVER!
SYMBIAN >>>> ALL PAJEETDRIOD AND iKIKEOS

NOKIA DESERVES BETTER!
NOKIA IS FOR HOLDING CLOSE TO YOUR HEART!!

>> No.27834492

>>27834257
>phones
they sold that part of the business to Microsoft who sold it to someone else like 5+ years ago iirc

>> No.27834548

Buy $CLF

$CLF
02/04/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

--------------------------------------


$CLF
02/04/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

>> No.27834579
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27834579

>>27834018
>>27834129
pic rel guy ?

>> No.27834902

>>27834492
true
they live on patents now i guess

still.. rumor is that 5G will be a killing for them, dunno

>> No.27835001
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27835001

this is the shit nokia makes now, they been pulling out of china and increasing in India, the hope is due to geopolitical reasons ( fuck china,fuck Huawei ) they will get a chunk of the market share in north America, Europe, India

>> No.27835088
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27835088

and this fucking thing that looks like it transmits covid and aids at the same time, so hopefully conspiracy tards burn it down so people have to buy more of them from nokia

>> No.27835232

>>27835088
>50% less power consumption
>100% more covid and aids
>120% more faggotry in your neighborhood
Honestly I have to go and shill this shit to /pol/ so they can actually start burning these things for profit.

>> No.27835365

>>27829807
yeah, it's not like stocks are ever manipulated or make the giant bubble graph or anything

>> No.27835535

>>27835088
kind of just looks like an air conditioner to me

>> No.27835607

why are you retards freaking out, it's a long-term hold

>> No.27835649

>>27834579
Idk the memes are funny and /biz/ is helpful but I can’t stand newfags asking to be spoonfed, spoon feeding them that NOKIA is going to be successful as a long term hold and being able to recognize the same guy complaining like it’s the end of the world when he’s lost like $15. I’ve never been able to recognize people from previous threads until /NOKGENERAL/

>> No.27835701

>>27835607

It's a long term shitter. If you want a flat share price and zero growth or dividends it's the perfect stock.

>> No.27835741

>>27835607
>retards
You answered your own question

>> No.27836099

>>27835649
That's not even being a newfag here. I"M A FUCKING NEWFAG. i literally invested 30% of my east euro meme money into nok. I just doubled down as well at 4.28. The reports are out there. And when you have a falling stock on a company that holds 30+% of the markets and is said to have the fastest 5g network behind Qualcomm that I guess is a buy and hold. Like dyor. it's 1 being new, a second being a massive faggot and sell at a loss

>> No.27836338

>>27835365
totally, but in theory companies actually do shit, and will prolly do shit 5 years, 10 years, 20 years from now. and markets can crash but afterwards people just readjust to what they actually feel the company is worth. crypto is 100% on faith this shit will doing SOMETHING in the future the second that faith falters it's fucking over

>>27835535
>just looks like an air conditioner to me
that's why it's actually nefarious and /pol/ /x/ will eat it up, just need to get alex jones talking about it

>>27835701
>zero growth or dividends it's the perfect stock.
the earnings report and past reports all have good news about both these topics, not paying dividends is actually a good thing when your trying to reposition a company for future profitability and that's not a cope google it, google which is also a company that didn't pay dividends for decades cause they knew it was better to invest that money in the business for the time being

>> No.27836971

>>27836338

Sure, no dividends is fine for high growth potential companies, especially younger ones. Boomer blue chips that have been in decline for the best part of 15 years are not usually afforded the same benefit of the doubt.
Look, Nokia is not going to collapse any time soon, but there are better opportunities out there - it's a sub-par investment.

>> No.27837275

>>27827993
Today I am enlightened by my justing and wagecuckery.......


AAAAAAAAAAAAAAAAAAAAAAAAAAA WSB YOU LIEEEED AAAAAAAAAAAAAAAAAAAAAAAAAAA WHY WHY WHY WHY

>> No.27837322
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27837322

>>27827993
>Just had my orders filled at 4.25
Fucking perfect. Seems like I caused this volume blip at 17:42

>> No.27837717
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27837717

>>27836971
>Boomer blue chips that have been in decline for the best part of 15 years
yeah they aren't a phone manufacture with their product in blockbuster movies anymore, pic related. it was like 80 dollars a share then or whatever. and that kind of thinking is why it's undervalued

long nokia is probably one of the least retarded ideas ever posted on this board, it's a penny stock with nothing but upside, smart money got in months, years ago

Stockholder Stake Shares owned
The Vanguard Group, Inc. 7.75% 11,816,155
BlackRock Fund Advisors 4.55% 6,941,204
Capital Research & Management Co.... 4.55% 6,939,733

>> No.27838228

>>27827993
sold them yesterday nigger where were you

>> No.27838719

>>27838228
you all said you'd hold reeeeee

>> No.27839128

>>27835001
India is just as protectionist as China, and ERIC is outplaying NOK everywhere. NOK isn't even the major 5G player in Europe nevermind the rest of the world.

>> No.27839429

calls expiring today to buy at 2.5 boys how fucked am I if I don't sell them?

>> No.27839567
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27839567

It keeps... dipping... bros...
It keeps... dipping... bros...
It keeps... dipping... bros...

>> No.27839694
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27839694

>bought at $7

>> No.27839809

>>27839694
I bought at 6 dude. We're all in the same boat and where we go one we go all.

>> No.27839962

>>27839809
I wasn't even expecting it to moon, just to progress in gaining value and I could cash out at like $10

>> No.27839993

Bought in at 4.50. Do you think it is worth buying more if it goes down to 4? Reading that fair price is actually somewhere above 5

>> No.27840030

>>27839962
I don't know how that's going to be the case in time.

>> No.27840458

>>27828901
fuck u
i am down 400€

>> No.27840613

>>27838719
i never did

>> No.27841073

Stay calm and hold, friends.

>> No.27841108

>>27839694
>>27839809
>>27839567
Do none of you cunts understand what a stop loss is?

>> No.27841159

>>27839962
>I wasn't even expecting it to moon, just to progress in gaining value and I could cash out at like $10

I think everybody expected this. It seems like a company perfect for growth. I bought 35 at $4.90. I have no idea if I should hold or just eat the loss when things get down to $4.

>> No.27841401

>>27827993
This shit is really stinking up my folio. 100 shares at $4.64 avg. Gonna be clutching these bags for awhile.

>> No.27841562

all my stocks started recovering today except shitkia

>> No.27842695
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27842695

https://www.youtube.com/watch?v=ydOo_uvNJhk

>> No.27842866

>>27842695
>1 hour long
my millenial brain cant sit through that
tl;dr it for me

>> No.27843135

>>27829114
Im pissed because I bought at 6 but it’s absolutely my fault. I’ll be holding these
Stocks for another year lol