I would imagine revenue news --- that a health, research clinic, after examining the 3D liver, wishes to purchase a hefty order ....
Personally, I don't mind if you're short or long the stock. What is irksome to no avail, however, is the inability to form independent thoughts and proper analysis and logical argumentation. The recent SA article "NQ Mobile looks ripe for a turn around" is yet ANOTHER example in a long line of others that fail, time and time again to present clear cogent argument or even speculation. Here are its summary points --- all of them are BS.
" NQ Mobile has crashed this year as it is the subject of controversy, but the replacement of its auditor indicates that the long awaited annual report is on the way."
What the $@*(? This is representative of highschool "logic." In NO WAY does the replacing of the auditor "indicate" that the annual report is on its way. The replacing of the auditor can indicate numerous things! The ignorance here and inability to form proper logical conclusions tolerates me to the degree that this individual should be shot, maimed! The statement is NOT tenable, period!
"NQ received a clean #$%$ from an independent committee recently, denying that it has cooked its books."
It certainly did not. There were "missing data" or financial information. That is not a "clean" slate. Here the data is skewed.
" NQ's fundamentals, along with a solid growth rate, suggest that the company could be a good investment."
Wrong again. NQ's fundamentals are what's up in the air for the moment. We just don't know the state of them.
I'm a professor at a University. I would give this chap a D! In my classes we write argumentative papers with clear logical connections and conclusions that follow the variables. This is just grade A #$%$!
1) MW reported Jesus' return was a fraud, even though Jesus himself told his disciples he would return and the early church waited for centuries, which turned into mellennia --- some delusions just go on and on and on and on....
2) PwC, which is the antichrist, was just thrown down. Vindication is near !!
3) Mark himself said these famous words: "Watch and Learn."
Hope your astrology is better than your chart reading.
The only trend line posing any real resistance is the downward one going all the way back to March 18 when it closed at $20.44. That trend lins has served as resistance on any and all "pops." At today's close that trend line touches $5.50. A close above $5.50 is needed. with continuation tomorrow.
Another uninformed "investor". Might want to read the audited report. Your statement above IS NOT tenable per the original audited report --- thus why a second needs to be done.... and is frankly just being redirected and eventually avoided.
8 months down the road, this auditor will also be canned. The board's goal is to squeeze as much time and money out of shareholders until the inevitable --- delisting and criminal investigations !
This is an easy short at 5ish, if we get there.
Point is, this lousy and lame PR could have at least made investors more confident by stating: 'did not find any evidence that the Company had engaged in the fraudulent conduct alleged by Muddy Waters nor any fraudulent behavior for that matter'
Much stronger assertion and confidence. Also the wording, as is, again is legally devised.
They should: sell the company's assets, cut it up, put one more pumper PR out, go stealth mode, delist, go home with a nice check in hand, and in a year or two start mobile phone security software XQ.
You heard it hear first folks.
Your inability to display any type of critical reflection never ceases to amaze! Give the people bread and circus!
Pretty interesting choice of words here: "the fraudulent conduct alleged by Muddy Waters." Is that an admission of other types of possible fraudulent activity there? Yea, we're not doing the type of fraud alleged by MW. Why didn't they just say "any fraudulent behavior" or add "and any fraudulent activity." Could this wording be already prepared to ward of liability if they are found fraudulent ---- yea, but it wasn't the fraud that MW alleged?
Yep, and according to Mark, Matthew, and Paul, Jesus said he was coming back 2,000 years ago..... and we're still waiting. Hopefully soon now!
Damn, I just had a thought: what if Jesus comes before the F20?
Booyah! Up $134. Feeling pretty good about yourself, ehh? Could have invested that 12k in a real company today, or just be more attentive, like PXLW.
Yep I'm cruising down the road in my GM (let's make it a GM car), and all of a sudden I'm cruising at a speed 70% less, there's noise coming from the hood and back tires, my door is jetting, engine light on, smoke coming from the engine, and look over at my darling wife and say "don't worry baby; it's just a minor glitch; we'll be cruising at top speed like we were just a moment ago before you know.
UNREAL... Get the divorce papers!
The "dark clouds" as you put it is NQ management and the fact that they have failed to disclose information to shareholders, even consciously withholding it and still, failed to come clean on an F20 release, etc.... In other words, your dark clouds are here to stay. But don't just stand there looking at them, clear out before the Tsunami hits, for the love of Christ kid!
Management continues to miss the point. This is no longer about MW, the idiotic Block, etc. It is about NQ and its management. This PR is just another example of their incompetence: they have failed to release audit and update on audit, missed filing quarterly statements on time, and failed to update and PR about business, and failed to update shareholders about anything business related. #$%$ are they even doing business or are they burning the printing presses and creating more wordpress blogs to huff-n-puff about MW?
These PRs are what is now creating suspicion and in fact leads to more suspicion and fraudulent speculation about NQ Management. #$%$ Block and MW, NQ is burning themselves!
True: I don't think any audit is going on, and these are merely words to string shareholders along. But why would you think that they're stalling for time to find buyers? Not even remotely close. They're stalling for time to find a way that they can capitalize before de-listing! And at shareholders expense.