There are several who could not have foreseen any circumstance which could grant Nokia a +40% boost in share price, but it just happened today. While Nokia is getting rid of its underperforming smartphone business, one has to wonder what is Microsoft Corporation (NASDAQ:MSFT) playing at, but then so many among us have been wondering about the same question for several years now. There is also this bit that nags you whenever a headline jumps in your face saying, “Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is selling its handset business”, huh, isn’t that all Nokia does? No, apparently they have loads…
Tiger Cubs, Whitney Tilson Bleed In Nokia (NOK) Shorts
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.