% | $
Quotes you view appear here for quick access.

Qihoo 360 Technology Co. Ltd. Message Board

  • frdmhr Nov 11, 2013 9:59 AM Flag

    Qihu looks increasingly like a fraud

    I've traded Sohu for over 10 years with good success so earlier this year when I went back in and looked at the sector I was suprised at QIHU's meteoric rise in the search space. Anyhow by this time QIHU looked pricey and I opted to take the value play in Sohu and it paid off nicely. Here we go again and SOHU has been whacked(for good reason) and I'm looking at the sector again and there is good old QIHU. I would advise anyone who is long to go to Citron Research and look what they had to say about QIHU and their unverifiable metrics that defy the competition. Please don't assail Citron Research as a response to this post, just stick with rebuttals that make sense and maybe I'll go long, it is a nice looking trade on the charts.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • jerseycitywinery Nov 11, 2013 11:25 AM Flag

      you must have read the wrong the report then or you can't understand the report/financials. The report is called "How NQ Mobile is Like Longtop". It clearly illustrates/demonstrates how QIHU is anything but a fraud without meaning to do so. Just their capital expeditures on tech will explain this. You need to work on your understanding of financial analysis to understand the report. This I can't help you with! Good luck!!

      Sentiment: Strong Buy

    • you shorts are unrelenting. come to us with meat on the bone, not this lame BS

    • jerseycitywinery Nov 11, 2013 10:08 AM Flag

      Citron research is your first mistake - garbage firm... been attacting Chinese stock for years at little success. Do your own DD and you will see that their numbers are backed by outside firms and look at their income statement and balance sheet. Tells the whole story. Seeking Alpha has a great report on why NQ may be a fraud but in this report they use QIHU as a comparison!!!

      Sentiment: Strong Buy

      • 1 Reply to jerseycitywinery
      • frdmhr Nov 11, 2013 11:11 AM Flag

        Interestingly I read that report and actually noticed that QIHU's numbers although less convoluted than NQ was out of whack versus their peers. Look again at that report and look at QIHU versus their peers. Forget about NQ. By the way I'm not short but I may get short around earnings. You can not ignore the possiblility of Fruad when it comes to Chinese companies. Good Luck!

76.920.00(0.00%)Jul 15 4:00 PMEDT