This dweeb announced he's shorting YY, NQ, and VIPS, so they're all getting hit today, along with QIHU and other Chinese internet stocks. This is a one day event IMO. He's one of those idiots that shows up on CNBC to supposedly offer advice and opinions when, in fact, he's merely promoting his own book, like all the other stooges who appear on CNBC. For a while, a few years ago, they always had to disclose their positions in stocks they were talking about, but that seems like it stopped quite a while ago.
He managed to get NQ down to $8. Unethical...then when up to $22.
When the company shows that everything is OK these guys should be put in jail...funds bought more shares and good partnership with many good businesses. These people can get away with murder. Love to go out Chinese...unreal.. He and MW will be punish, if not by law (apparently) then by God!!