Nokia will be $20 EOY
I’m 21 and got into Nokia about 2 months ago..
I love the stock so much I’m willing to buy 5000 shares EOY if it’s still below $17 a share.
Everyday I track the option flow on Nokia, and long story short this stock will mostly likely go to $11, maybe even just under $10.50, and then reverse all the way up to atleast $22-$23 (in my opinion).
People have poured millions into long dated calls and I think they know something…..right now it looks foggy but I believe this is just to shake out the weak hands. This stock is going places, especially up.
I find it very strange that even though as the stock plummets, the OI from the huge call volumes haven’t really budged….it makes me think something is coming for sure. All this good news + nvidia investing + insiders buying + massive amounts of long calls being bought in big chunks (hitting strike like 20, 25, and 30), it lets you know that long term this stock is going to be a banger. I hope this helped some of you hold your position.
Btw we are gonna crush earnings..