With an impressive run in August, Nokia ADR has managed to bounce back from its lowest point of below $2 to a new monthly high of $3.20 before correcting back to $3.08 by Friday's close before the weekends.



The news of its low end market remaining intact, thus eliminating the fear of it burning cash, and its anticipated Windows 8 OS phone coming into the market in Sept, beating Apple iPhone 5's grand entrance, the good news have got potential investors taking a good look at this company once again.

Routine average 5% daily increment

However, even before these news, with an almost daily increase of 5% in its price, we are beginning to wonder if it is more than the regular investors that are looking at the company.

As an investor in the company ourselves, we will no doubt welcome the entrance of any good investors into the company. This routine increment has actually made us wonder it is the beginning of more to come. We may be looking at a potential merger or takeover by a larger company which is gradually taking in stake in the company and, which also as a result, is pushing the stock price higher by the day.

Without any doubt, we will continue to hold on to this company, with or without a takeover bidder, as we continue to see growth and huge opportunities in it.



chart by Bloomberg



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