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+--- Thread: Bank of America takes 5.83% stake (/showthread.php?tid=6007)
RE: Bank of America takes 5.83% stake - TrueValueSeeker - 02-20-2014
Water are gradually heated up. When it is too later for short sellers, there is no way for them get out easily.
NQ managment might already have clean positive audit result and they do not want to release it early since there are so many calls in Feb and March to cover short selles. If short sellers left with unhedge, what scenarios will be look like !!!
RE: Bank of America takes 5.83% stake - kshen - 02-20-2014
(02-20-2014, 12:46 AM)TrueValueSeeker Wrote: Water are gradually heated up. When it is too later for short sellers, there is no way for them get out easily. NQ managment might already have clean positive audit result and they do not want to release it early since there are so many calls in Feb and March to cover short selles. If short sellers left with unhedge, what scenarios will be look like !!!
I doubt they would do that. That's just crazy
RE: Bank of America takes 5.83% stake - theotherbarry - 02-20-2014
'kshen' pid='37661' datel Wrote:
'TrueValueSeeker' pid='37660' datel Wrote:Water are gradually heated up. When it is too later for short sellers, there is no way for them get out easily. NQ managment might already have clean positive audit result and they do not want to release it early since there are so many calls in Feb and March to cover short selles. If short sellers left with unhedge, what scenarios will be look like !!!
I doubt they would do that. That's just crazy
Agreed
Really surprised about BoA planting ground on this. Even moreso surprised at only 1% increase today. Thought it was a relatively slow day until seeing this. Hell, if I were a short and saw BoA adding on top of all the others to this I'd cut my losses.
RE: Bank of America takes 5.83% stake - TrueValueSeeker - 02-20-2014
'kshen' pid='37661' datel Wrote:
'TrueValueSeeker' pid='37660' datel Wrote:Water are gradually heated up. When it is too later for short sellers, there is no way for them get out easily. NQ managment might already have clean positive audit result and they do not want to release it early since there are so many calls in Feb and March to cover short selles. If short sellers left with unhedge, what scenarios will be look like !!!
I doubt they would do that. That's just crazy
Agree. NQ management should act like long term investor instead of traders.
RE: Bank of America takes 5.83% stake - kshen - 02-20-2014
News hasn't hit the mainstream yet? yahoo doesn't have this published
RE: Bank of America takes 5.83% stake - admin - 02-20-2014
'TrueValueSeeker' pid='37660' datel Wrote:NQ managment might already have clean positive audit result and they do not want to release it early since there are so many calls in Feb and March to cover short selles. If short sellers left with unhedge, what scenarios will be look like !!!
Not anywhere near likely, as it would be illegal..
RE: Bank of America takes 5.83% stake - TrueValueSeeker - 02-20-2014
'admin' pid='37673' datel Wrote:
'TrueValueSeeker' pid='37660' datel Wrote:NQ managment might already have clean positive audit result and they do not want to release it early since there are so many calls in Feb and March to cover short selles. If short sellers left with unhedge, what scenarios will be look like !!!Not anywhere near likely, as it would be illegal..
Agree. They should release audit report once it is ready. Audit report should be released anytime now.
RE: Bank of America takes 5.83% stake - admin - 02-20-2014
I don't even think they could suppress it even if they wanted to. It's an independent audit.
RE: Bank of America takes 5.83% stake - TrueValueSeeker - 02-20-2014
'admin' pid='37676' datel Wrote:I don't even think they could suppress it even if they wanted to. It's an independent audit.
Agree. NQ management does not have any control over independent auditing. That's the credit of independent auditor. It is also in the best interest of NQ managemt and shareholders to have indepent auditing result out ASAP so that this cloud hang over stock price clear and NQ managent can focus on growing business.