Hearing lots of chatter about impactful initiatives that will unlock significant shareholder value at NQ Mobile coming in the near-term. The disconnect between the financial performance and the valuation is beyond extreme. NQ will grow revenue over 100% again in 2013 to approx $185M with an approx 30% non-GAAP operating margin!!! NQ has $2.28/ADS in NET CASH on the balance sheet. Stock at $8.00 is trading at JUST 2.7x EV/EBITDA 2014E!!!! This is not a sustainable situation.

Doublebagger via Something big is coming….