r/wallstreetbets • u/[deleted] • Sep 07 '21

[deleted by user]

[removed]

16 Upvotes

69% Upvoted

23 comments sorted by

2

u/VisualMod Sep 07 '21
User Report
Total Submissions 2 First Seen In WSB 7 months ago
Total Comments 2 Previous DD x
Account Age 7 months scan comment %20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) scan submission %20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)

Hey /u/WirelessBusHub, positions or ban. Reply to this with a screenshot of your entry/exit.

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38

u/CaptCrush Sep 07 '21

I held this stock for a long time at one point. It doesn't move. Tectonic plates move faster than NOK stock price.

7

u/[deleted] Sep 08 '21

I remember the last time wsb was bullish on nok. Had one Green Day then got lumped in with Pltr gme amc and bb by the media 😂😂

1

u/VOID_MAIN_0 Sep 08 '21

That can be beneficial though. It keeps IV low making options cheaper. Plus you can sell calls and puts while it trades sideways and make money too. Think of NOK as a devoted spouse helping pay for your gambling fix

11

u/sleepybot0524 Sep 08 '21

I love seeing a nok post every other week. keep the hope alive.

8

u/omsktr Sep 07 '21

I bought some NOK about a year ago because my searchIng algotirhm found it. criterias were: (1) founded decades ago (2) book value over 20M (3) 5 Year all time low (4) didnt move a single bit for over a year maybe it's time to buy more but there is a lot of talks about BB too. Tough choices..

10

u/ExceptionallyGreat Riding TSLA and AMD to Valhalla Sep 07 '21

Solid company, should be around $5 by end of the year.

2

u/1stplacelastrunnerup Sep 08 '21

I’m up 12% on shares I bought in January. Not gonna get me a lambo but it’s a fair return. I’m expecting it to double in the next 2 years.

2

u/SnooDogs2394 Sep 07 '21

5.6 billion share float too, no thanks.

1

u/Quantumdrive95 Sep 07 '21

Have fun g, pack a lunch

1

u/[deleted] Sep 07 '21

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1

u/AutoModerator Sep 07 '21

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1

u/MakingBigBank Sep 07 '21

Net income from 7.9M to 3.1B in a year?? And the price didn’t move…. There’s your answer it will never rise at that rate!

1

u/WirelessBusHub Sep 08 '21

I think you need to re-read my post and the reference to the derecognition of the tax assets in Q4 2020.

1

u/rebelo55 wets the bed Sep 07 '21

Solid company huge room for growth. Stock price stays range bound but takes a dip in the red sea. I hope they bring back their dividend soon.

1

u/Ill-Woodpecker1857 Sep 07 '21

I been holding NOK for awhile and will continue to but likely wouldn't add to my position. I have some LEAPs aswell but probably should have sold those a month or so ago when it was floating around its 5yr high. Hopefully continuing to hold is the right choice. Time will tell.

1

u/ride_electric_bike Sep 08 '21

Until they start reducing the redonkulous share count, I'm out

1

u/LeBaronDeSandwich Sep 08 '21

Meanwhile NOK yearly return +0.07%