I bought some Nokia shares a few months ago thinking at that time that the share price was really low, and it wouldn’t go lower than that. However, Nokia proved me wrong again and again. In April Nokia shares dropped more than 30%. And it has kept that trend ever since. Today it dropped again — around 20%. Now I’m losing more than 50%… Well, I guess there are reasons why some financial analysis institutes cut NOK as Junk… It’s just difficult for newbie investors to understand. Now I’ve witnessed how one company can screw up, and not surprised any more if it may go further down.
If Microsoft is to take over Nokia, it is certainly doing an excellent job…Leave a Comment