I added to my NOK position today (January 18th), at $5.649 per share. NOK looks strong and I’m hoping to come along for the ride with a larger position than I started with. This purchase puts my average per share cost at $5.475 per share.
I bought 12 units* of NOK — Nokia Corporation (ADR) at $5.30 per share. I’m taking a shot at Windows phones becoming at least modestly popular at some point and/or a possible Nokia takeover (probably by Microsoft).
*Units: Units are not equal to number of shares. I won’t be disclosing real dollar amounts or number of shares. I’ve chosen a random number to represent 1 unit and I’ll record all of my transactions converted to this measure and rounded to the nearest whole number. This will allow me to share position weighting without disclosing specifics.
