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MONT
#1

Montage sinks after Gravity Research questions revenue
Shares of semiconductor solutions company Montage Technology (MONT) are sinking after Gravity Research initiated the stock with a Sell Strong rating in a report posted on its website. Gravity said it does not believe Montage's claimed revenue is real. Shares of Montage are down 8%, or $1.75, to $19.46 in morning trading.

Anyone looking at this????

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#2

MONT was an IPO and announced a secodary not long ago???

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#3

'Mountainbiker' pid='37040' datel Wrote:

MONT was an IPO and announced a secodary not long ago???

How is this related to NQ?

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#4

MONT is not related to NQ at all. What i do not understand is, MONT was a recent IPO led by Tier 1 frrms and today the Geo guys put out a 35 page report slaming it as a fraud. What happended to all the DD leading to the IPO???

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#5
Please keep the focus on NQ. This is not the place for interjections about other stocks. Leave that in the Yahoo message boards.
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#6

'SmugHug' pid='37080' datel Wrote:Please keep the focus on NQ. This is not the place for interjections about other stocks. Leave that in the Yahoo message boards.

I'm thinking that it is relevant in the sense that what is happening is similar in many respects to what happened with NQ. Good info and possibly an opportunity.

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#7
This is 100% related to NQ. MONT also uses PWC as their auditor. I read their report and the suspicion factor is much higher than with NQ. Mainly because the questioned source of the revenue rose so drastically as their other sources of revenue declined, a red flag. (This is not the case with NQ)

The credibility of PwC has helped NQ immensely due to the meticulous nature of their auditing has not approved a fraudulent company. However Since it's been less than a year, PwC might have not signed off on a full year yet. We shall see
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#8

Hi have you guys been loooking at MONT. Another short attack and possible opportunity.

http://blogs.barrons.com/emergingmarketsdaily/2014/02/21/montage-short-seller-overhang-weak-q1-guidance-barclays-downgrades/?mod=yahoobarrons&ru=yahoo

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#9
I haven't, but I will, thanks.
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#10

'Haggerston' pid='38278' datel Wrote:

Hi have you guys been loooking at MONT. Another short attack and possible opportunity.

http://blogs.barrons.com/emergingmarketsdaily/2014/02/21/montage-short-seller-overhang-weak-q1-guidance-barclays-downgrades/?mod=yahoobarrons&ru=yahoo

I like the solid management team for this company, and it is unlikely that the CEO of this company will commit the kind of fraud.

Admin, I think it is worth to create a forum for this stock to have more people to do due-dilligence on it.   I think it has the potential to be another NQ.

thanks.

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