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 of very valuable patents which they are also licensing to Microsoft for a decade, so they are ‘good’.
Tiger Cubs, Whitney Tilson Bleed In Nokia (NOK) Shorts
HFA Staff
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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.

