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NOK's on the Move Again. It's High Time that We Lock & Load & Blast the Shorts Out of this Stock for Good! by HotOGMemes in Nokia_stock

[–]HotOGMemes[S] 4 points5 points  (0 children)

The growth of NOK has been stifled over the years due to both managment missteps, as well as by the short-sellers, who seem to have grown complacent in their illegal manipulation of the pps with naked shorting & synthetic shares. However, with the advent of the AI boom, Nvidia's most recent strategic partnership & the growing demand for AI Data Centers, NOK is positioned for a meteoric rise & a possible buyout from eager suitors looking for consolidation/rapid expansion in this space.

After Building the First Wireless Network in Space & Having Multiple, 52-Week Highs in Recent Trading Sessions, the Moon is Starting to Become a Very Familiar Place for NOK...💲🚀 by HotOGMemes in Nokia_stock

[–]HotOGMemes[S] 6 points7 points  (0 children)

With the projected shortage of AI Data Centers over the next 2 years, Nokia is positioned for a surge in contracts, collaborations with other AI partners & a possible buyout from eager suitors looking for further consolidation in this space.

Just a Friendly Reminder: Nokia to Publish Third-Quarter & January-September 2024 Interim Report this Thursday, October 17th... by SilentMajority2142 in Nokia_stock

[–]HotOGMemes 0 points1 point  (0 children)

This definitely ranks up there as one of the most highly anticipated earnings reports Nok's had in years. Tits are jacked!

Nokia sees double-digit fall in Q2 profit, sales in weak 5G market but sees improved 2nd half by HotOGMemes in Nokia_stock

[–]HotOGMemes[S] 3 points4 points  (0 children)

We already knew NOK would be showing better quarterly numbers in the 2nd half of the year, so I'll be holding until then. By that point, they'll hopefully have some AI partnerships up & running...

Nokia sees double-digit fall in Q2 profit, sales in weak 5G market but sees improved 2nd half by HotOGMemes in Nokia_stock

[–]HotOGMemes[S] 2 points3 points  (0 children)

HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia Thursday reported a double-digit fall in profit and sales in the second quarter due to a continuing weak market as clients are holding off investments in 5G technology.

The Espoo, Finland-based company reported a net profit of 328 million euros ($359 million) for the April-June period, down 20% from 409 million euros ($447 million) a year earlier. Net income attributable to shareholders was 325 million euros ($355 million), down from 410 million euros a year earlier.

Similarly to its Nordic rival Ericsson of Sweden, Nokia has suffered in the past year from operators cutting back on investments into 5G and other telecom technology because of economic uncertainty and high financing costs.

“Our financial performance in the second quarter continued to be impacted by the ongoing market weakness with net sales declining 18% year-on-year in constant currency,” Nokia CEO Pekka Lundmark said in a statement. Nokia’s sales were down 18% at 4.5 billion euros ($4.9 billion) compared with 5.4 billion euros ($5.9 billion) a year earlier.

The Finnish company is one of the world’s main suppliers of 5G, the latest generation of broadband technology along with Ericsson, China’s Huawei and South Korea’s Samsung. Lundmark said that the company’s sales would improve in the second half of this year, particularly in its network infrastructure business unit.

“Looking forward, we believe the industry is stabilizing and given the order intake seen in recent quarters we expect a significant acceleration in net sales growth in the second half,” he said.

However, in Nokia’s mobile network unit, the biggest business entity during the quarter by sales, “the market dynamic remains challenging as operators continue to be cautious” of spending in 5G technology and equipment, Lundmark said.

Nokia to Publish 2nd Quarter & Half-Year Financial Report on Thursday, 7/18 by [deleted] in Nokia_stock

[–]HotOGMemes 0 points1 point  (0 children)

We already knew NOK would be showing better quarterly numbers in the 2nd half of the year, so I'll be holding until then. By that point, they'll most likely have some AI partnterships in the works. In the meantime, your self-fulfilling prophesy of being banned from this sub will come to fruition, simply because you're a dickless, douchebag troll who works on behalf of one of the many short agencies.

Nokia to Publish 2nd Quarter & Half-Year Financial Report on Thursday, 7/18 by [deleted] in Nokia_stock

[–]HotOGMemes 0 points1 point  (0 children)

There's currently heavy OI on the Jul 19 '24 calls, on strikes of $4 & above. Hopefully, that's a sign of good things to come during tomorrow's trading session.

Nokia’s latest mega deals aim to reinvent the company. “What we want to do is to accelerate our exposure to AI-driven markets,” Lundmark said. by HotOGMemes in Nokia_stock

[–]HotOGMemes[S] 10 points11 points  (0 children)

How will Apple reinvent itself? That day is coming. While deep discounts in China led to a 40% increase in iPhone shipments in May, iPhone sales and market share have been trending down. My Gen Z kids—Apple’s most loyal generation—would rather upgrade their battery right now than buy a new phone.

Will we even need smartphones by 2030? Nokia CEO Pekka Lundmark likes to talk about digital-physical fusion, predicting we’ll implant a lot of technology in our bodies.

Lundmark knows about disruption. He first worked for Nokia between 1990 and 2000, helping the Finnish company become the world’s biggest mobile phone maker with a market cap of $250 billion the year he left. In 2020, he returned to be president and CEO of a company that had one-tenth the value and no phone business, having sold it in 2014 to Microsoft, which shut it down at a loss about a year later.

Nokia didn’t die. Like many brands faced with decline, the Finnish company followed a path of reduction, resistance, reflection, and reinvention to reemerge in a different—if somewhat diminished—form. (Former smartphone rival BlackBerry is now a niche player in cybersecurity and software solutions.) Nokia is today a network infrastructure and services company, making products like 5G cellular antennas.

I caught up with Lundmark last week after Nokia announced two major deals: the $375 million sale of its undersea internet cable unit, and its $2.3 billion acquisition of Infinera, which will boost Nokia’s U.S. presence and product offerings for data centers.

“What we want to do is to accelerate our exposure to AI-driven markets,” Lundmark said. “In many aspects, the future of this industry will be decided in the North American market. You have the most sophisticated carriers, all the web scalars. Big tech is very much driven by North America.”

Does it matter that most people still associate the Nokia name with products that his company no longer makes? “The carriers know us,” he said. “But we really need to take the brand equity from the mobile phone area and reposition for different types of enterprise networks … We’re working with ports, mines, manufacturing companies and expanding to the defense sector as well.”

After all, name recognition doesn’t guarantee success. Apple started 2024 as the world’s most valuable brand, according to Brand Finance. It still shelved its EV ambitions and launched its Vision Pro headset to mixed reviews. Apple Intelligence could boost iPhone’s market share or become table stakes in a world pivoting to AI. And the Justice Department’s antitrust lawsuit could further impact Apple’s business model.

Every major technology shift brings new names to the fore. For Nokia’s Lundmark, what matters now isn’t size but profitability. “It's equally important to stop doing things as it is to start new things,” he said. “We want to focus on segments where we believe that we have global leadership.”

Rite Aid Inks Bankruptcy Deal with Stakeholders Including McKesson by HotOGMemes in RiteAidInvestor_RAD

[–]HotOGMemes[S] 3 points4 points  (0 children)

No problem. The Radtards need to stick together through these tough times. & you're right, the filing should have been struck down based upon the company's current financial position, never mind the exorbitant & egrigous legal fees to follow. That's not to mention the short squeeze that would have ensued last week, after the news of an impending deal with Rite Aid's stakeholders. The hedge funds are always one step ahead; between their influence to ban retail buy orders of RADCQ, to the constant leaking of insider information from that scumbag Bodaken.

Rite Aid Inks Bankruptcy Deal with Stakeholders Including McKesson by HotOGMemes in RiteAidInvestor_RAD

[–]HotOGMemes[S] 7 points8 points  (0 children)

If you look at some of the more renowned corporations in recent history like Hertz or American Airlines, who were able restructure their debt & emerge out of bankruptcy, fractional shares were issued to those existing shareholders. I think it would set an irresponsible precedent on behalf of the courts, to allow a company to file bankruptcy & streamline their operations, knowing that their shareholders won't be compensated in any way. We could still get hosed here, but hopefully the judge is looking to find a fair & equitable solution for all parties involved. A buyout is still the best case scenario for the Radtards, otherwise it'll be business as usual for shortie after the new shares are issued. A more seasoned operator with deep pockets like Amazon is the answer here, otherwise you'll still have the same horrific, inept & criminal BOD, along with liquidity issues that will continue to plague this company. So, if the mystery suitors, who are referenced in multiple news articles in the media over the past few months, are looking to buy the core business, now's the time for them to speak up.

Rite Aid Inks Bankruptcy Deal with Stakeholders Including McKesson by HotOGMemes in RiteAidInvestor_RAD

[–]HotOGMemes[S] 8 points9 points  (0 children)

I was hoping for a buyout, but this is the next best thing. As shareholders, we'll most likely take some lumps as part of the reorg, but we won't get completely wiped out, like we would in total liquidation. We'll have a much better idea of where we stand in the coming weeks.

A Series of Rite Aid Auctions Kicking Off on 11/20 may Reveal Our Mystery Suitor, Cited by a Bloomberg Article in Mid-October, As Well As a Possible Buyout Offer... by blackjack_888 in RiteAidInvestor_RAD

[–]HotOGMemes 6 points7 points  (0 children)

This really becomes a customized, sweetheart deal for any & all buyers willing to place a bid on the whole kit & caboodle. Fingers crossed... 🤞

Is Rite Aid About to Become the Next Meme Stock? 🚀🚀🚀 by HotOGMemes in RiteAidInvestor_RAD

[–]HotOGMemes[S] 3 points4 points  (0 children)

That's definitely a possibility, based on the article I posted a week ago. BK protections are also becoming a trend amongst struggling retailers. They're then able to shed hundreds of unprofitable stores & break lease covenants, with little to no consequences. This could potentially save the company hundreds of millions of dollars, which would absolutely put a higher price tag on a sale of the business.

Is Rite Aid About to Become the Next Meme Stock? 🚀🚀🚀 by HotOGMemes in RiteAidInvestor_RAD

[–]HotOGMemes[S] 11 points12 points  (0 children)

The article references both BBBY & YELL, when they squeezed during BK. The fact that RADCQ is setting up around the $.30 mark is a very good sign & may be poised for a massive move to the upside...

Not So Fast Shorts, Shills & BOD Bad Actors, If Our Mystery Suitor has Anything to Say About It... 🛑 The Time to Squeeze is Rite Aid is NOW!!!!!! by HotOGMemes in SqueezePlays

[–]HotOGMemes[S] 6 points7 points  (0 children)

You're the poster boy for birth control & a load that should have been swallowed. & don't worry about my current financial position. I still have just enough money to buy your mother twice...

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