Jonas99

NOK: Signs of Life? 1st Target $4.5

Long
NYSE:NOK   Nokia Corporation Sponsored
NOK is showing signs of life, with good buy volumes. Cheapness aside and 5G growth, my view is NOK is a prime target for all the SPAC money out there to take it out. It's a real business with real cash flow. And at a ridiculously cheap valuation, mainly because we are in a market, fashionable stocks take in most of the money flow.

$4.5 could be easily achieved, then consolidate and target $5, 6, and $7 gradually as it does have a large float, not so easy to move.

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