NOKIA (NOK) LIFTING ON RUMORS OF BUY OUT BY MICROSOFT (MSFT)

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Nokia (NOK) is lifting on buy out rumors by Microsoft (MSFT).     A buy out of Nokia  by Microsoft is  an old rumor that is being regurgitated.

Nokia received six downgrades this morning.   Nokia’s debt rating is being placed on review for a downgrade by Moddy’s  (MCO).  

It appears that those caught long in Nokia simply floated this rumor to run up Nokia.  

Short-term traders appear to be selling into strength.   If there is an actionable signal on Nokia or Microsoft, we will update the Real Time Feed of ZYX Buy Change Alert.

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