03-02-2014, 09:01 AM
I think the weak hand shorts want to try to take advantage of any rumor they can latch on to regarding the price drop. But I continue to suspect the sudden drop was just a way to manipulate the market, so some big money can make a whole lot more money. Interestingly it was reported today that:
Shares of NQ Mobile Inc (ADR) (NYSE:NQ) were the target of unusually large options trading on Friday. Stock investors acquired 20,932 call options on the stock, AmericanBankingNews.com reports.
I think many people are trying to get into position when this stock pops upward after the audit, some by call options, some by stock manipulation.
Shares of NQ Mobile Inc (ADR) (NYSE:NQ) were the target of unusually large options trading on Friday. Stock investors acquired 20,932 call options on the stock, AmericanBankingNews.com reports.
I think many people are trying to get into position when this stock pops upward after the audit, some by call options, some by stock manipulation.