management sucks big time..
always waiting till the last moment,allowing shorts to play NQ like a puppet..
i'm long but not blind,very disappointed by management last 3 months..
The cc date fiasco,now this filing till the last minute,a shorts dream..
shame on management,period
I tend to agree with you. In the last several days NQ's IR department saw fit to issue several statements addressing the sell off. While that was somewhat helpful or at least doing something, what IR SHOULD have said was that the audit results and 20-F WILL BE RELEASED before or at the market close on April 30. In other words take off the table the possibility that there might be a delay. I think the chance of a delay in the pending announcement is one of the driving forces in the share price erosion.
Khan said in the CC in answer to the question "when will it be filed?" that it needed to be filed before the end of the month. I seriously doubt that if there was for some reason to be a late filing [either legitimate due to details required or not i.e. there are real issues] then they would not leave it until the last day to announce that. Then again if you are buying shares in the market as they stated again yesterday...
Been there and dealt with an incompetent CEO like Chris Spencer who ran Fab Universal which is halted....Its like deju vu all over again with NQ's CEO....Time will tell but I am very long and strong right now w/NQ