Read the post but to roughly summarize; NOK Is very well positioned to benefit from the implementation of 5G and they also have some of those sweet sweet government contracts that make them very likely to profit. It’s easy to look at their presence in consumer cellular and assume this is dumb but they’re a much more diversified company than it might seem. Worth considering.
Place your pretend money bets here chapos. Place your real money bets (if you have them) on any app besides RH!
This is not financial advice, this is gambling.
NOK is certainly affordable at around $4.70 average per share. I'll probably be stuck with RH for another week since it takes awhile for everything to process.
Honestly I'm counting more on the WSB bros that make serious gains to double up on these stocks rather than the value of the actual corps in question.
True but it is worth having good fundamentals too. It’s not as hard as the capitalists make it seem. The meme stocks aren’t just jokes. Even GME. The reason U/deepfuckingvalue bought so long ago is that the company was being heavily shorted but the balance sheet was not that bad at all. Most retail companies don’t have enough capital to cover all their debts right now. GameStop does and that was a big reason why DFV saw the opportunity. Realistically GameStop could pivot to being the next Steam Rn or something. They were basically just being forced to go under by the short sellers. In a way this pandemic has been good for them because it’s allowed them to cut the losses from their retail operations and start actually pivoting. There’s similar args for all the other stocks. Yeah it’s all speculative but hey, we are speculating here.