NQ has only dropped because Muddy waters says its bad
But have we really checked the accuracy of MW rep rot ???
Has any reputable analyst requested all 800 names, phone numbers and physical address of the 800 people MW contacted, and phoned each one and seen if they are real people... may be some were even deceased, or don't even have a cell phone, or just do note exist?
MW could be conducting one of the biggest frauds in the history of the market, do these 800 names actually check out. Can an analyst or even NQ itself or a Chinese court, on the ground go and visit 100 of them randomly and see if the data is real and accurate.
I'm sure NQ can get a court order in US for MW to hand over its list of 800 and all their details to be contactable.
MW cried fire in a crowed room, and nobody waited around to check if there was even smoke and ran for the door.... and now where are we... what real proof has MW show other than hysterical innuendo and saying "its a zero, its a zero.."
Has MW opened up and shown the 800 names of the interviewed so it can really be check out...i think they just copied a list from a phone directory.... and crossed referenced with a list of deceased people, so nobody would own up and say i didn't say that...
and by the way Piper Jeffery is notoriously a bearish analyst, i remmber they down graded GOOG when it was $200... and now GOOG is over $1000... their record is very poor indeed.