Mon, Jul 28, 2014, 12:55 PM EDT - U.S. Markets close in 3 hrs 5 mins


% | $
Click the to save as a favorite.

NQ Mobile Inc. Message Board

  • mylkvveed mylkvveed Jul 6, 2014 11:16 AM Flag

    Occam's Razor

    1. NQ lost 60% of it's market cap on Muddy Waters initial report because it's a fraud.

    2. Management listed "because" as the reason for needing an extension to file their audited financials because they are a fraud.

    3. They didn't provide an explanation for missing the extension date to file their audited financials because they are a fraud.

    4. They announced the two fake heads I win, tails I still win, minority "investments" clearly aimed a providing a fake value to a couple of their business segments because they are a fraud.

    5. The summary of the Lawyers white wash report contains a disclaimer that files appear to be missing and management could not offer a satisfactory explanation why because they are a fraud.

    6. Ying Han, the head of the auditing committee (and head of the special committee investigating Muddy Waters claims) steps down for "personal reason" because they are a fraud.

    7. Ying Han doesn't step down from her role as chairman of the audit committee of Wuxi Pharma Tech for "personal reasons" because NQ is a fraud.

    8. Two months late on the 20-F filing NQ announces they are "considering" their auditors request for additional information because they are a fraud.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
6.50-0.17(-2.53%)12:53 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.