01-11-2013, 05:36 AM
'admin' pid='15810' datel Wrote:Thanks for that, these shares remain ridiculously cheap, but for how long...
Hearing chatter that one of NQ's original VCs came to the end of its fund life and distributed NQ shares to its LPs. One of the LPs received shares equivalent to 600,000 ADRs. In order to sell the shares, they need to be first converted into ADRs. This LP converted their shares into ADRs. Hearing the LP is selling through Goldman Sachs. They have sold almost 500K ADRs over the past 3 weeks. Have approx 100K left to sell using a $6 low. FYI.