"The pervasiveness of the short interest in NQ begs the question, what exactly do the shorts know that escapes the likes of co-CEO Omar Khan (a "hired gun" who chose mostly equity as compensation after doing the extensive due diligence that befits someone risking a highly pedigreed career), VP of Capital Markets Matt Mathison (a former hedge fund manager who also joined NQ mostly for equity and has had ample time to vet any allegations as an insider with full access), the entire management teams of FL and NS (who took the vast majority of their acquisition consideration in equity), Big 4 auditor PWC, leading HK-based mutual fund Atlantis (who had the benefit of doing full due diligence using third-party advisors such as Macquarie before their PIPE transaction), all the blue-chip local OEMs that agree to pre-install NQ on their handsets (e.g. Samsung, Lenovo, Huawei, ZTE, Nokia (NOK), Motorola, et al.), all the blue-chip local carriers that choose to partner with NQ (e.g. China Mobile, China Telecom (CHA), China Unicom (CHU), Taiwan Mobile), all the blue-chip local consumer companies that enter into contractually binding partnerships with NQ (e.g. Tencent, Perfect World, TTPod, Kugou), all the foreign carriers that choose to partner with NQ (e.g. America Movil, Cricket), all the blue-chip foreign retailers that distribute NQ product (e.g. Target, Verizon Wireless), and recent investors such as Morgan Stanley and Deutsche Bank (both firms that conducted their own deep due diligence and have much more than their investment at risk, given their stature in the global capital markets)?
Really, what do the shorts know that all those people and then some don't??
Based on the occasional poor-quality hit jobs that float around the online investment community once every quarter or two, the answer is, absolutely nothing."
What did the now highly embarrassed Ackman know about HLF Herbalife? Even with some legitimate facts the stock had a huge rally with late to the party shorts being wiped out. Check the December to current price of HLF get the percent and apply at least half that to NQ for now but much more in 2014.