I think we're still in a wait and see position here. There are no technical indications that the stock is reversing its bearish streak. It may take this next quarter, even the one after that, to see if there is any traction. I suspect we'll see $3/per share and a period of trading around that mark at least until the next quarterly earnings report.
After losing more than half of its market cap, Nokia fell into extremely oversold territory. Recent reports suggest that Windows-based Nokia Lumia phones are already shaking the smart phone sales. According to the majority of AMZN customers, the Lumia phone feels better than iOS and Android smartphones. I think this alliance could prove to be highly profitable in...
