These past 2 days Nokia's stock has been behaving very well, growing. 2 days ago it was up <6%, yesterday it was almost flat and today it is 15% up. That looks pretty amazing. Does anyone here own Nokia stock??
I am very happy for you. I'd love to invest in Nokia stock, but in my country it is not possible to buy their shares.I do I am very happy with these gains.
Analysts are doing the math vis-a-vis the Beijing factory and sell-through rates. Nokia had been written off by Wall Street as dead-n-gone, so any improvement in results will send the stock soaring.
Goldman Sachs was one of many such companies, who are now amongst Nokia' largest share holders.
RIM surged 50% recently. Now Goldman is advising to buy RIM, but without providing any reasoning as to why. Are people buying on BB10 rumors and bound to sell on the news? Based on our Goldman rule, shorting the stock would be a good idea right about now. ;-)When Goldman says "buy this," short it.
When Goldman says "don't buy this, it's crap" and loads up on it, buy it.