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Qihoo 360 Technology Co. Ltd. Message Board

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  • esuntexas esuntexas Dec 5, 2012 3:53 PM Flag

    This company cannot be worth $3 billion, maybe $1billion

    you are absolutely right, sir! after a 6% drop.

    Sentiment: Sell

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    • sorry,after a 6.7% drop. All I'm saying is there is a fool born every day. Just got to be cautious of expectations and unaudited results. Or results claimed to be audited by or with auditors currently under SEC investigations. Which may or may not applied to this particular company. Good luck.

      Sentiment: Sell

      • 1 Reply to esuntexas
      • The drop is because of restrictions from China on audits not company performance. There is a threat of being delisted from the US if they don't comply but I'm sure they will if they want to survive since it's here in the US that they raised capital and it is here that the best capital markets in the world exsist. I see it as an opportunity not a threat. Are you saying that these Chinese companies are all fradulent because that is a tall statement. Just in case you spent too much time in China, US companies are full of fraudulent or deceitful traits. It's part of the game... If you don't like don't play.

        Sentiment: Strong Buy

 
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