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NQ Mobile Inc. Message Board

  • humble_investor4 humble_investor4 Oct 26, 2013 12:40 PM Flag

    A lie can travel halfway around the world ...

     

    while the truth is putting on its shoes."

    Looks this is the only awareness that MW took away from Mark Twain. Doesn't speak much for MW as human beings, but hey it's profitable!

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    • I'm not an attorney, but I'd welcome some comments from any shareholders with legal experience. Somewhere in MW's 81 page report has to be a legal disclaimer, and reference to his report being based on opinion, supported by what he believes are substantive facts. In no way does this mean his accusations are indeed facts, it's his legal opinion.

      I think traders need to understand this point. Again, MW's style is to blindside the market, because the market shoots first, and asks questions later. No one had time to read the 81 page report, nor hear NQ's CC response Thursday afternoon. A short seller report released midday during market hours is deliberately designed to crush the stock, whether the report is accurate or not. And because of the legal disclaimer I mentioned above, his attorneys have probably shielded him from litigation.

 
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