Say you are right and it stabilizes at $25. That still puts it at 5x what it was trading at in June. The $5 share in June was artificially low. And hedgies were trying to push it even lower before the short. Dfv can take a loan out against his stocks and invest in other stuff. Wsb is trying to pump AMC and Blackberry. 2 more companies that have the potential for bankruptcy. But they are holding long for Nokia. Which is like holding Fannie Mae/Freddie Mac. The government won't let Nokia fail. And Nokia is building out infrastructure to be the 5g competitor to huahuei. So they have long term viability.