RE: Highly confusedHi techmurphy,
Probably just overall negative market sentiment in general and short term (i.e. this past week) sentiment in the telecom sector in particular.
I picked up some NOK this week at 15.00 which is the resistance level I expected it to bounce off of. IMO I think it could drift as low as 12.00 now and if so, will be a heck of a deal there. I'll double up at 12.25 or so if it does.
It appears to me that this stock will be oversold if it doesn't immediately recover from its current level.