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NQ Mobile Inc. Message Board

  • jmcchen jmcchen Sep 13, 2013 12:57 AM Flag

    IBD say NQ has 200% upside from here read in Friday paer see below

    For example, NQ MobileNQ,
    which was featured in Wednesday’s
    Spotlight Analysis, broke out
    ofahigh, tight flagThursdaybutremains
    in a buy zone. The stock
    cleared a 20.08 buy point as it rose
    1.96, or 11%, to 20.11. Volume was
    morethan double its usual pace.
    The high, tight flag is a rare pattern.
    It forms after a four-to-eightweek
    rise of 100% to 120%, which
    is why valuation-oriented investors
    are afraid to touch it. However,
    in “How to Make Money in
    Stocks,” IBD chairman and
    founder William J. O’Neil wrote,
    “This is the strongest of patterns,
    but it’s also very risky.”
    Headded that, “Many stocks can
    skyrocket 200% or more off this
    formation.”

 
NQ
6.67+0.46(+7.41%)Jul 25 4:02 PMEDT

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