new article on SA

[chenlica]

NQ Mobile: Clearing Up The Muddied Waters Means A Short Squeeze On The Horizon

http://seekingalpha.com/article/1789502-...he-horizon

[pwalk]

Yeah, maybe a short squeeze is on the horizon, but more likely, a lot of the shorts covered on the day of the MW article.

The shorts were trapped by the continuing success of NQ's business. Stock was rising as good news kept coming. So what is a short to do? How about they issue a "report" filled with half truths, non truths and innuendo. It does not matter if none of it is true, it served its purpose, which was to allow the shorts to cover at a nice profit.

Monthly report of short interest should tell the tale. I hope the shorts are still in NQ, but I doubt it.

[chenlica]

couldn't the authority like SEC do something to this type of mal-practice?? short and distort is a crime!

[pwalk]

I wish they could! SEC seems to be powerless to do anything.

In fairness, on the long side, it is called a pump and dump. So it is not just the shorts that do it.

[chenlica]

I wish they could! SEC seems to be powerless to do anything. In fairness, on the long side, it is called a pump and dump. So it is not just the shorts that do it.

ok, so in the end all depend on the company's credibility, which im sure NQ will improved a lot after this wild party. from a positive point of view this is not all bad as every false claims that shortsellers have been using against the company for years have been ultimately addressed and dismissed. Marks a turning point for investor confidence and is very good for the growth of the company!

i see a great company starting from here.