$4.56 per share.
They're trying to make Nokia their new short while also getting people to panic sell their Nokia shares since it didn't climb back up the way GameStop did.
Just hold onto it long term, since Nokia is investing in 5G infrastructure (despite my grievances) and other technological projects.
Definitely more palatable than GameStop at $325. I know for sure that's wayyyyy overpriced but it seems to be the champion stock for /r/wsb. I saw Nokia mentioned as well as AMC, Blackberry and Palentir.
AMC is around $20+ now if I'm not mistaken, so it's definitely more expensive and less impactful long-term considering it's a movie theater company that until recently was on the cusp of bankruptcy.
Feel free to invest, but I personally think investing in technology companies (and crypto) is a better long-term bet.
I don't consider GameStop an investment. I consider it a middle finger to the psychopathic hedge fund managers that would slit their mother's throat for a shekel. It's a gamble, not an investment and I'll only gamble as much as I can afford to lose. Fortunately compulsive gambling isn't one of my vices.
Nah - it’s at closer to 13, and won’t jump much higher.
Doesn't this squeeze rely on a lot of people holding? I think /r/WSB is going for silver next week and I'm not sure if that'll work out.
hold long term
Definitely not a bad play for NOk.
(post is archived)