iPhone, Schmy-phone. The gadget might be the “it” device on Main Street but on Wall Street it’s already old news. True fast money spots a fad first. So what’s next?
Traders are keeping a close on the Nokia tube. Although it’s been in development for 2 years, Nokia is so tight-lipped about the device that we're not even sure that's its real name.
Tech blogs and analysts speculate the secretive device will be released in the next 6 months and that it will have all the bells and whistles of an iPhone… and then some!
Like what you ask? Like better real-time chat features, instant photo uploading and a stronger global network backbone behind it.
If predictions are accurate it could solidify Nokia's dominant position in the global market and spark a renaissance for them, here.
Sounds exciting but is it worth trading?
I’m bullish on Nokia , says Pete Najarian. Options action in the June 28 calls suggests this stock could go higher.
