Nokia or Mokia?

I´m terribly sorry I have not been writing anything in a while. Just keeping myself too busy with other things and not thinking enough about finance. I am following the news and checking how this situation in Europe changes. Also reading some good books when I have time to, so I must write a message about those as well since I´d like to recommend them to you. I have to kick myself a bit and start to write shorter blogs if I have nothing more pressing in my mind. 

I would like to share my own idea of Nokia's future since it is such a hot topic in Finland currently. Joining the flow of the weepers! (I do not own Nokia at the moment ^^ )If you have followed the mobile market at all then you know how Nokia's future is still uncertain and their cooperation with Microsoft could be anything from hell to heaven.. more likely total devastation but who knows..

Yesterday Nokia's closing price in Helsinki was 1.711€ (Early 2011 stock was sold for over 8 euros). Nokia has published some good new models but in consumer's eye they are not as popular as other top names today. And Microsoft is either trying to destroy Nokia or a horrible business partner since they do not seem to be helping Nokial. No Windows Phone 8 Upgrade? 

It was thought that Nokia's decline would stop in 3 euros, then it came down to 2, and seems to be continuing this decline. Personally I'm thinking that market price for Nokia will be around 1 euro in the future. It seems they are not getting out any positive news in the near future and this long decline is probably continuing since stock markets are not too positive as a whole either. 

Personally I have not lost all my hope With Nokia yet. Their future seems uncertain and gloomy, but they are still a big quality company which can turn their tide if they do the required decisions. If the price reaches 1e, I would consider buying some shares. Less than that is of course possible if negative news keep controlling the market. Holding time would be expected to be very long, from 5 years to a life time. 

Explaining the title.

In Finnish to "fail" in something can be said as

 "mokata". So joke among Fins is to call Nokia as Mokia, "Nokia, A Screw Up".