This kind of thinking has been on the rise for quite some time. The penny-pinchers of the past are being replaced by consumers who value their own and others’ well-being. Of course, right now, amidst crises, people are making choices quite self-centeredly, but it is unlikely to change the long-term development. A good example of this is, for instance, occupational safety permanently and widely becoming part of the corporate world’s agenda.
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David then came up with it at the very last minute:
“We have quite a bunch of those Tyres shorts. Let’s lower the target price, so we can get rid of them with a profit.”
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Short positions are not a significant factor guiding my investment decisions, but this is certainly a positive factor supporting stock price development at the moment. Out of interest, I looked at the development of the longer-term 10-year short interest, and when compared to the stock price, it conveniently aligns that the last two major bottoms, namely the turn of the year 2014-2015 and the turn of June-July 2020, coincide precisely with those peaks in short interest. Currently, we are at the peak of the third short interest high, starting to decline. Considering this, and especially, most importantly, the likely positive business development in 2025-2028, there are good ingredients for another significant stock price increase.
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Message merged into thread: I Just Bought/Sold (Part 7)
A good reminder for all of us drivers 
Answers behind the link 
Misconception No. 1: “Tire pressure cannot be higher than recommended”
Misconception No. 2: “I don’t need to change the position of the tires during the season”
Misconception No. 3: “If you remove the studs from studded tires, they will function like non-studded winter tires”
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This is indeed a common misconception; some “wise” people occasionally claim that the tire wears out in the middle if slightly overinflated compared to what the manufacturer recommends. In reality, this is certainly not the case; quite the opposite, with underinflation, the tire wears out in the middle because the tire carcass does not support the tire at higher speeds, and centrifugal force pushes the tread out, causing the tire to wear in the middle. Then again, with slight overinflation, the tire starts to properly support the tire carcass, and the tire wears evenly across the entire tread surface (if the wheel alignment is correct). The same pressure issue also applies to summer tires and especially wide tires.
The misconception comes from old “rag tires” (bias-ply tires), which did not have reinforcing plies in the tire carcass, and overinflation caused the tire tread to bulge about half a century ago.
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In my message, I referred to the fact that JpMorgan has heavily shorted Tyres and at the same time is lowering the stock’s target price.
So I’m not taking a stand on the number of shorts in general.
There’s a fire in Nokia, at least not a mega-class fire from the first impression. Let’s wait for more info. No paywall in the article.
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The emergency services announced at 6 PM that the situation at the scene is over and the rescue units have left the site.
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A few excerpts from Iltalehti’s news.
According to the rescue department, the fire involved charred rubber material in the heating oven of a raw material storage.
The factory’s own automatic extinguishing system activated and limited the spread of the fire to other factory premises.
No human casualties, and factory operations were able to continue normally.
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I was going to come and tell you that there were about a dozen fire trucks at the site when I drove past between 2 and 3 PM, but it seems the matter has already been in the media. The firefighters were standing around so relaxed in the yard that there didn’t seem to be any emergency.
I intuitively interpreted it as a false alarm, because besides the relaxed firefighters and fire trucks, nothing indicated an emergency.
No kind of smell, by any sense, has been detectable all day, even though the factory is visible from the window.
I need to go interview a couple of tire sellers to see how the tire market has been during the winter tire season. Whether it has been noticeably busier or quieter than in previous early winters. I instinctively conduct market research all the time when I’m dealing with different companies. I ask if it’s been busier or quieter, etc.
Most recently on Thursday, at a surface material company (paints, wallpapers, tiles, laminate flooring, etc., etc.). Half of the staff were reportedly laid off because it has been r e a l l y quiet, and there’s no sign of improvement. I myself only picked up a Matkahuolto package from there.
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I’m interested in why Vianor is “adjusting” its operations? If demand had been good, they probably wouldn’t need to start doing anything like this. Of course, I could be wrong, but in my opinion, this doesn’t sound like demand has been particularly great. But what do others think about this?
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One might guess, perhaps Pompei doesn’t see it fit to compete in retail. It may also be that it’s not profitable enough and the profitability of certain stores is critical. Some locations are already in need of renewal and renovation, in which case they can probably be given up and moved to newer premises. In this case, it’s possible to reduce operations. It may also be that there aren’t enough resources to operate efficiently. Perhaps next year the strategy will be updated and then more detailed information will be provided.
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Nokian’s USA Daytona plant is running at maximum capacity and will produce 4 million tires this year. With the new plant, the target for next year is 8 million tires, and 12 million tires per year is the maximum. The best thing about the new plant is that Nokian is finally entering the competition in the most popular category in the USA, namely Full-Size pickups. Nokian Tyres has not previously had the opportunity to make the tires needed for these. The most popular tires in this category are in the 33"-37" class and are mainly so-called All-Terrain off-road tires. Nokian needs to succeed, as the competition for the buyer’s soul is fierce, and much is sold through image and perceptions. So, the advertising agency also has a chance to prove itself. And they are up against Michelin-owned BFGoodrich, Goodyear, Toyo, Falken, Nitto, Interco, perhaps the biggest ones. Perhaps Nokian Tyres will be seen, and hopefully will be seen, as a sponsor of the USA’s Baja series or Ultra4Racing series or even the iconic King of the Hammers race…that would be Cool! 
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Funny, I came across this on FB.
This kind of post doesn’t have much value, but it’s great that word is spreading in the US about Nokian Tyres’ products.
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Quote from my own message after the Q3 review and press conference.
It’s worth taking a look at Vianor’s earnings report figures. At least for me, it is the most essential answer as to why Vianor needs change negotiations. The background as to why the result and headcount have developed that way has remained unclear.
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Nokian Tyres has at least distributed 0.55 euros in dividends per share this year.
There is less distributable equity on the balance sheet. Last year there was 6€ worth (over 800 million).
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Rauli’s comments on European new car sales in November. 
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It was not mentioned in the article how much the factory’s production was, but it gives some confidence that profitability could be at a good level in the fourth quarter as production volume increases.
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