Nokia Oyj (Backpack) (NOK)

$NOK was single digits today😳

If you’re not buying on days like today, what are you even doing? https://t.co/0CKYaCDoAj

"Sell NOK"

Previously, Foolish Brother (傻哥) built positions in NOK at prices of 13, 15, and 16.

Value investing masters say that once you recognize intrinsic value, you should not cut your losses.
Technical analysis masters say: when the trend line is broken, you should cut your losses.

So why did Foolish Brother buy it?
1. Nvidia investment, which validated its scarcity.
2. Fourfold narrative of InP scarce production capacity, AI Ran, scale‑out, and a domestic U.S. supply chain, plus the vertical integration capability of the photonic layer.
3. InP PIC (photonic integrated circuit) production capacity has exploded tenfold. It currently accounts for only 15% of total revenue; although the blood is not pure, it could double total revenue in the future.
4. A series of major expansion and partnership events, confirming future expectations.
5. Low market cap; at that time AI semiconductor momentum was strong.

In short, the above buying logic was essentially a clear calculation of overvaluation, betting on continued sentiment.
It was also an experimental attempt to chase FOMO in US stocks at the time.
Thus, the position size was strictly controlled.

Later, when market sentiment faded,
following crypto market habits, Foolish Brother cleared half of the long‑tail asset like NOK at the price of 15.
He really dislikes holding long‑tail assets for a long time.

Why didn’t he sell everything?
Because Foolish Brother found that forward EPS was still being revised upward.
He wanted to keep some position to verify his buying logic
and correct the fast‑running style he had trained from altcoins.

A few days later, Foolish Brother asked himself:
Does my buying logic still hold?
Partially it does.
Partially it no longer holds; the entire AI semiconductor sector is saturated with bubbles, especially long‑tail assets.
Is there a better option?
Yes, many.
Foolish Brother realized that at this point Mega7 was a better potential asset than a photonic module like NOK.
So he liquidated at the price of 12 a few days ago.

This was Foolish Brother’s deliberate practice of buying and selling long‑tail assets.
Fortunately, the underlying investment principles are similar,
but the rhythms of FOMO and FUD differ greatly.
He will become more proficient in the future.