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NQ Mobile Inc. Message Board

  • kornyous@gmail.com kornyous Aug 26, 2013 8:52 PM Flag

    6 MILLION SHARES SHORT

    Settlement: August 15th. Price: $17.70. Short position 6.1M Shares (22.57% of the float). Change from last 16.21%. I believe they got themselves into a trap.
    Sauce: Wall Street Journal website. http://quotes.wsj.com/NQ

    Sentiment: Strong Buy

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    • banco_central_de_costa_rica banco_central_de_costa_rica Aug 26, 2013 9:51 PM Flag

      Boy that's a close to $48million dollar mistake underestimating Omar Kahn! Now we all know why they fight day and night to try to move the stock lower. Todays war cost them even more capital as the buyers were adding to their positions. One announcement like the American Movil deal NOW and these guy fry like catfish! Ad I'm banking on news BEFORE these guys can even slightly cover. I'll continue to "BUY The Dips"

      • 1 Reply to banco_central_de_costa_rica
      • amazing. I'm not sure what the short strategy here is. NQ has obviously turned the corner on heavy volume and is trading near its all-time high. If you are short, why would you double down in this sort of situation? Are you still holding on to a belief that NQ is a fraud? That the greater macro environment is headed for a downturn? That NQ is due for a correction? Can someone who is short let me know why you think its still a great short candidate? I really dont get it. Serious responses only. Anything less than intelligent will be ignored.

 
NQ
6.55+1.18(+21.97%)Jul 23 4:03 PMEDT

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