Stock held her ground very well against the shorts today?

[mockbae63]

Where do you see the stock going from monday out? The shorts will have to cover and the share holders meeting is always a great sign for improvement. Any input?

[admin]

Mockbae, unless you're a daytrader, I wouldn't worry so much about the day to day share price fluctuations, these don't really mean a whole lot. The cases have been laid out. The independent audit committee is working. Sooner rather than later they'll report back.

And as tradestar has shown in his excellent articles, on similar situations in the past, we're looking on firmer ground by the day.

[Mountainbiker]

i agree with admin here. With numerous hit jobs on SA and the final blow from MW's hit letter along with Bloomberg appearance, NQ held up well not plumetting as the shorts had been looking for. Slow and steady we grind higher from now on. I notice that NQ has been quite in putting out news eventhough there have been a few PR events in China. I guess they would like to put them out once the air is better and those PRs will carry the stock higher. Patience is the KEY here!!

[Traderjack]

Mockbae,
Until the audit is completed and made public. i expect the stock to bounce around roughly between $11 and $13. Generally moving up or down about .50 to .60 per day.

[mockbae63]

My view on the matter is a bit different than yours. The more time which passes without any bad news, the more the company will start to build confidence with the retail consumer. In the counting days of a merger, a buyout, etc the stock tends to grow 10-20%.

[tradestar2012]

My view on the matter is a bit different than yours. The more time which passes without any bad news, the more the company will start to build confidence with the retail consumer. In the counting days of a merger, a buyout, etc the stock tends to grow 10-20%.

I think you're right on the time and confidence part. The idea of a merger/buyout is probably not on the table. The company has stated before, multiple times, that they will not sell at these levels.

[mockbae63]

I actually meant as in audit results, was just providing comparable ideas.

My view on the matter is a bit different than yours. The more time which passes without any bad news, the more the company will start to build confidence with the retail consumer. In the counting days of a merger, a buyout, etc the stock tends to grow 10-20%.

I think you're right on the time and confidence part. The idea of a merger/buyout is probably not on the table. The company has stated before, multiple times, that they will not sell at these levels.