NOK @ $6.66. Stock @ 1990s levels, sure the cheap pps is attractive, but other than that ? NOK is dead unless their mobile division gets bot out. Long term chart is horrid. Know anyone who is buying NOK phones (in the US) ?
$6.00 from being worth zero, sure makes sense, but its a speculative play on possible M&A, fundamentally and technically, this stock is done for.
Don't forget SIRI, this was also dead, yet came back (only bc no competition, SIRI XM. NOK has LG, Samsung, Moto, HTC, etc...to compete against. NOK are pricier phones)
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