I do see your point about how liquid and fluid the u.s. market is compared to let's say the Chinese market, and you are right rumors get created and circulated for one's own sake etc. But I truly believe the qihoo story is really not going to hold water, since the websites really are not that good compared to other Chinese websites. I just don't know of anyone in China who regularly use them, other than their free 360 anti virus ware. And, we all know where most of the anti virus company founders end up, in exile in South America!
Unfortunately, this particular company is legit, it Has moved to Bigger offices and created more jobs and more revenue.
The problem lyes with people like Muddy and Citron who get away with murder everytime they write an article, ALL because they can Manipulate this stock.
I hope Google wakes up and buys this company for a good dollar.
The short will get destroyed and we can get back to some form of normal trading.
untill that happens this company doesn't stand a chance of going up with
all the #$%$ the u.s regualtors throw at 'em..
By the way, the yr end financials were audited and this company does have 2 CFO's.