u/raptors2o19

If you're a day or swing trader, stop reading.

On Oct 6, NOK started the day at $10.31 and ended at $10.92. One of their direct competitors in the AI infrastructure space, CIEN, started the day at $393 and ended at $443*.

At the time of writing this, NOK is once again "bleeding" and -3% whereas CIEN has already recovered and climbing. I'm talking intraday.

Now look at this slide from Marvell Investor Day:

https://preview.redd.it/297wfc1793uh1.png?width=1735&format=png&auto=webp&s=88bb923ca6820674ac958270a6733c716df499c4

$3T is roughly 10% of US GDP - just google it, seriously. And then you have this for comparison:

https://preview.redd.it/9o7oyug283uh1.png?width=1726&format=png&auto=webp&s=23ef2737042fbeb41dc047cdfcf60d1132be357c

Going back to the share price, if you zoom out and look at CIEN between 2021 - 2025, it was mostly flat. It picked up steam half way thru 2025. Take a closer look how long it took for it to moon and "crash" (relatively speaking) for YTD.

The point I am trying to make is that if you bought NOK, do not expect to retire tomorrow/this year/next year. This is going to test your patience. If you don't have that, exit and invest in an index fund.

https://preview.redd.it/pzzo3o6b6smh1.png?width=1200&format=png&auto=webp&s=2ecba9a82d07d55b65a28eddab5a75cc2f0b7db9

Sharing as received from the mayor via FB

I want to exchange low five figure USD to CAD.

Do I simply open an unregistered account with WS, deposit the USD, buy a dual-listed ETF like DLR, Journal the shares, wait 2 days, then withdraw the funds back to my everyday chequing account (with another institution)?

And presumably there wouldn't be any taxes generated or owed on this transaction because this is effectively my savings (or net income)?

Trying to avoid Knightsbridge Fx who were wonderful in the past but I want to avoid any human interaction and don't know if their processes have evolved since.

P.S. I have performed NG a couple of times inside RRSP to buy shares in USD but this is different, of course.

Asking on behalf of my dad (66). I'll preface by saying that IMO the answer is $0 (i.e. don't do this).

Income

BiW: $1400

CPP: $520

OAS+GIS: $950**

Assets

Home: $600K

TFSA/Savings: $97K

RRSP: $43K

Debt

Mortgage: $59K

HBP: $10K

** I don't understand why he's eligible for GIS; will investigate with Service Canada

He wants a newer vehicle ($35K) because:

- his 2015 Camry needs new brakes, tires and some rust appearing, which he doesn't want to address because it's "just throwing away money"

- he's the man, it's his money, he can do whatever he wants

I've made it very clear I'm not going to rescue him financially. My mother doesn't want to have a conversation because she gave up on him a long time ago.

I need some convincing math or argument to show him that replacing the car is dumb, and if he still insists that he shouldn't finance anything more than 24-36 months for no more than $300/mon.

Ultimately, I cannot stop him from spending $50K on a Jaguar $35K on a RAV4 if he wants.

Edit: My mother works but she doesn't hand over her full paychek to him. He doesn't know that and it's better this way. I want to help him come to the conclusion of not changing the vehicle based on his own financial circumstances and the fact that he cannot expect her to work forever just because he has chosen to work until he's laid off or dead.

Look at other players in the same space:

1. Intel
2. AMD
3. Ciena
4. Coherent
5. Lumentum
6. Marvel
7. Nebius
8. Poet

..to name a few.

These are all impacted negatively by at least 10% at the time of writing this.

Google, Nvidia and Broadcom are barely hanging on.

NOK is not immune. They can have a master blaster quarter and it won't have any meaningful impact to the stock if the sentiment towards the industry is negative.

Also, equities cannot go up all day every day.

#CalmDownAndCarryOn

https://preview.redd.it/pen4urc6a8fh1.png?width=1080&format=png&auto=webp&s=0c40019d831f403fadc90aab36774db16349df64

My previous posts speak for themselves.

P.S. Please stop sending me hate mail. My bags are mine and vice versa. I didn't tell, encourage or force anyone to invest in $NOK.

DO YOUR DD because it's all fun and games until it isn't:

https://preview.redd.it/a5r1el3ya8fh1.png?width=338&format=png&auto=webp&s=fd12fa46894063a0137198168a322770bbecd385

AS, returning back to Najaf for ziyarat after 8 years. How long can we expect to clear customs if landing at 9PM, end of the month.

Also, is Airalo safe for eSIM option or you advise to pick up a physical SIM after landing?

What is taxi cost from airport to Imam Ali shrine? Should we carry USD or local currency?

Thank you!

https://preview.redd.it/naejv372qmdh1.png?width=465&format=png&auto=webp&s=65a9477770e23341b879a1c84f299e29a169430d

Plus another 184 @ $13.97. Today, I added another 350 @ $10.3.

I have more powder but no more appetite.

See you after earnings next week. GLTA!

AS, we are landing in Baghdad separately then plan to take a cab to Najaf to join group members and begin the walk.

1. Is Airalo reliable for e-sim? We just need data so I prefer to have a working e-sim as soon as we land.
2. Should I bring some IQD and rest in USD or only USD is sufficient?
3. What should we expect for taxi price from BGW to Najaf at 6AM. Negotiate in IQD or USD?
4. How long should we estimate to clear customs upon landing?

Any other tips? I visited 8 years ago but had a more experience guide, and I'm sure things have changed/improved since.

WS, iltemase dua

https://preview.redd.it/adccpzk3yubh1.png?width=396&format=png&auto=webp&s=9eb0be103cf9e2a62584c6e657ae717ad64774dc

Plus another 184 @ $13.97 and 323 @ $14.09 for a grand total of 3857 shares @ $13.67

Edit: 5 hours after the OP, I added more by liquidating position in nuclear (CCO.TO) and lowered average further [by 18 cents].

I filled out the form and next step is contacting one of the companies below. Have you worked with any of them (review)? Thank you.

https://preview.redd.it/1wucomj2w9ah1.png?width=1263&format=png&auto=webp&s=6a81e09484e44434d2a360bdc72493e835a2cb4f

Check my post history for background.

https://preview.redd.it/ma3kvmmpd8ah1.png?width=419&format=png&auto=webp&s=b529dfe7d8d78fa8344a259cda820b9023ba7a6d

Between this account and another (~ 800 more shares), it makes up 35% of my portfolio.

I exited LUMN entirely as the debt is just too scary. Sold some of my ESPP too; not out of fear but just to diversify into index funds. I don't like to hold on to ESPP too long because of tax implications.

No [calculated] risk, no reward.. amirite? GLTA!

Documenting for my own benefit really:

https://preview.redd.it/5ektgdcp6w3h1.png?width=726&format=png&auto=webp&s=e2a1f5764b3d188ec23f268bc9bd37b529ecbf9d

My DD is simple:

- I work in the industry and we believe Nokia is our strongest competitor since their acquisition of Infinera. Coupled with recent org changes, personnel onboarding and cuts, there is something of substance here. Another position I am building slowly and carefully is LUMN.

- I am also conflicted about majority index funds. They serve a purpose no doubt, and I am invested in them of course, but have a stronger conviction than ever before that generational wealth can only be built with a larger position in concentrated tickers.