This post was just published on ZYX Buy Change Alert.
NOK earnings were below consensus expectations. Our thesis for holding NOK is not earnings in the short-term but a longer term play on either NOK being bought out by Microsoft or Windows phone catching more traction.
If the current trends continue, the plan will be to reduce the size of the position.
What To Do Now?
Those in the stock may continue to hold.
Those not in the stock may not enter at this time.
