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If $2 NOK gets delisted, the charts will go away. You will want to have made some screen captures of its great runs in 1995, 1997, 1999, 2000 and 2007 run ups.
Abe, real good find. I changed the date (2000) on the weekly and annotated, then moved it to my library.
Thanks for bringing this to our attention.
It's hard to believe a company with 40 billion / year of sales can trade at a 6 bilion valuation. Perhaps their revenues derived from old GSM patents are about to become obsolete or some other core revenue item is expiring. The can easily merge away.
From the way it looks who knows how long RIMM will be around. This was another monster stock to add to the list.
MarketSmith just had a great webinar about Market Psychology earlier in the week which highlighted NOK and it's decline. It serves as a great reminder about why we don't buy a stock because "it looks cheap" and why we don't average down.
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