SPWR

[Karin]

Glad I stayed in :-) That turned out to be VERY good advice. Thanks again Pascal!

I sold part of my position earlier today and am trying to make sense of the LEV and TEV now to determine if I should sell the rest. There was a big sales wave after Europe closed at 11:30 (profit taking I assume) but I can't imagine that all those shorts have already been covered. The LEV looks pretty stable. I know from your post on "handling gaps on ER days" though that the TEV gives the better indication on days like this.

[Pascal]

Glad I stayed in :-) That turned out to be VERY good advice. Thanks again Pascal!

I sold part of my position earlier today and am trying to make sense of the LEV and TEV now to determine if I should sell the rest. There was a big sales wave after Europe closed at 11:30 (profit taking I assume) but I can't imagine that all those shorts have already been covered. The LEV looks pretty stable. I know from your post on "handling gaps on ER days" though that the TEV gives the better indication on days like this.

As of now, everybody is trading his/her book. The upside potential is now small. It is not the same situation as when a company produces good earnings. NOK is selling its main business for cash. As a shareholder, you now own cash and ownership of a professional networking business. The good point is that NOK is not bleeding anymore. Will it be able to rebuild itself around the new business line?

At some point, I believe that you should sell the rest of your position. It is not urgent though.



Pascal

[Karin]

As of now, everybody is trading his/her book. The upside potential is now small. It is not the same situation as when a company produces good earnings. NOK is selling its main business for cash. As a shareholder, you now own cash and ownership of a professional networking business. The good point is that NOK is not bleeding anymore. Will it be able to rebuild itself around the new business line?

At some point, I believe that you should sell the rest of your position. It is not urgent though.



Pascal

I wasn't planning to stay in much longer. I just don't want to sell out at the lowest price of the day (I seem to have a unique talent for that :-) ). I'm hoping there is still some more "short squeezing" to come.

Boy, buying your book was one of the best investments I ever made :-)
Karin