SP today

[Mountainbiker]

Narrow trading range, it could be due to the weekly options capping it below $10. We need to break abov e it to close in the GREEN.

[TxPm]

Bashers are out in full swing again...multiple SA articles and all over the blogs

[TrueValueSeeker]

20F could be filed anytime. Let them short stock so that I can buy more in discount.

[Haggerston]

agree..today's options show very bulllish...

[TrueValueSeeker]

Short sellers days are numbered. They will be killed soon.
These news will be in pipeline soon. 20F filing by PWC. Company Q1 earning release and announcing a large number of shares have been bought back since it is so cheap. Strategic investment from large company such as Tercent, Bidu. These strategic investment agreement will be signed after both PWC and IC auditing. More deals annuncements after earning.

[cliu89]

any news trigger the upside today? Thx.

[cliu89]

NQ Mobile (NQ) $33 PT Reiterated at Topeka Capital
10:53 AM ET, 06/09/2014 - Street Insider
Topeka Capital reiterated its Buy rating on NQ Mobile (NYSE: NQ) with a price target of $33.00. Analyst Frederick Ziegel noted compelling valuation.
"We reiterate our Buy rating and $33 price target which is based on 20x our current 2015 EPS estimate and represents a PEG of 0.5," said Ziegel. "We note that our estimates do not incorporate the recently raised revenue guidance for 1Q and 2Q14 and will be revised when 1Q14 results are released which will follow the release of the all-important 2013 20-F."
For an analyst ratings summary and ratings history on NQ Mobile click here. For more ratings news on NQ Mobile click here.
Shares of NQ Mobile closed at $9.35 yesterday.

[admin]

any news trigger the upside today? Thx.

Well, perhaps a few more people realize that when Deloitte, after 8 months of inquiry, says that there are no indications of fraud then maybe, just mabe, there isn't any fraud..

[Mountainbiker]

Looks like we are still stuck in this trading range until the 20F comes out. With weekly options and day traders with trailing stops, SP is RED despite the dirt cheap valuation. It will not be long. This is givng us the opportunity of a life time here......

[Haggerston]

A high number of Jun 7 puts purchased today. Hopefully it's someone taking off a hedge but would not surprise me if we get another short attack in next couple of days. I'm so burnt out with this instability day in day out but trying to be optimistic.