Nokia is a fine company. Just hold and stop looking
Nokia's business seems fine. It should not be in the same category as AMC, and pre-Cohen GME.
Why did you invest 6 figures into a meme stock? Granted, like others have mentioned, it’s got a better shot long term than the others, but the hype was just hype - nothing more.
I was crazy
What is your average cost?
It's at 6.90$
Got it, you will be fine long term. I believe you will be able to break even sooner rather than later. NOK got caught up in the GME mess, but it has strong support from people who believe in it long term. Right now, the dust is getting settled so sentiment may be primarily negative. Give it a month or so and you will be able to get a better sense of the timeframe. Become a shareholder, not a bagholder.
Prepare to hold for a long time. The stock barely moves. I bagheld it for three years before finally getting out for a small profit.
Wow, that was a very long time.
Wouldn't it be better for you take out and invest in something else?
OP, how much % is it of your NW? If it is less than 5% do you really care?
It's about 50% and yes of course I do.
HOLD THE LINE
Wel that is your mistake. Its going to take some time to recover. Having said that, all of the operators use their equipment (along with Ericsson) so the business is definitely there.
I am towing on the same lines now.
How much is a lot
6 figures
Bruh