dot, well, I put in another buy order at $11.15 but missed by a three cents !!! Hope the stock does not take off ahead of the options expiring. On the other hand, still sitting on my cheap shares bought last week. So, either way, I am happy.
odawa, More pressing for shorts is the options expiring this Friday. You see the giant blocks of puts below $10???? Half of them are below $5 !!!!!!! What would they do now that the share price is not going down below $11?
dot, I bought earlier at $11.15 and just sold at $11.40. Still holding my shares bought cheap last week. Buy by not to mortgage one's house. Nothing is for certain.
A ton of options expiring this Friday. The hedge funds are playing their games pumping and dumping and/or dumping and pumping. Place your bets and never risk more than you can afford to loose.
I had bought at 10.55, 11 and 11.42. I am buying more at $11.15 (limit order).anyone's hand.
7% UE had a lot of consumption in the 80's when Ronald was in charge because consumers got a fair share in company profit (and good % in COGS as in Labor, Material and Overhead). Lack of inflation in the 80's-90's was productivity gains from computers and recent decade has been due to labor cost cut when goods are made in China or Vietnam or African countries now (Foxconn raised employee pays in China from 35c to $1.5 an hour ...)
coxx, the options are expiring this Friday. Take a look at the giant blocks of puts at $4 and $5. And at $9 as well. Their owns are cooked.
eddy, I tried to post the news three times before market opened but all cancelled by Yahoo as the web site was Obamacare circa Oct 2013.
NQ Mobile Inc. to Hold 2013 Annual General Meeting on December 23, 2013 11/29 06:00 AM
BEIJING and DALLAS, Nov. 29, 2013 /PRNewswire/ -- NQ Mobile Inc. (NQ:$11.75,00$-0.35,00-2.89%) ("NQ" or the "Company"), a leading global provider of mobile Internet services focusing on security, privacy and productivity, today announced that it will hold its 2013 annual general meeting of shareholders at 42/F Edinburgh Tower, The Landmark, 15 Queen's Road Central, Hong Kong, on December 23, 2013 at 2:00 p.m. (local time). Holders of record of common shares of the Company at the close of business on November 22, 2013 are entitled to receive notice of, and to vote at, the annual general meeting or any adjournment or postponed meeting thereof. Holders of the Company's American depositary shares ("ADSs") who wish to exercise their voting rights for the underlying common shares must act through the depositary of the Company's ADS program, Deutsche Bank Trust Company Americas.
The purpose of the annual general meeting is for the Company's shareholders to consider, and if thought fit, approve, confirm and ratify, to the extent necessary, (1) the amendment to Article 6 (d)(iii) of the Company's Articles of Association and (2) amendment to Section 3.1(a) of the Company's 2011 Share Incentive Plan, as previously approved by the Company's directors.
barhum, I saw that as well ... but there are a ton of open option interests from $15 down to $4 as well.
And yesterday the share price kept on rising that the shorts were scared! All noise now waiting for SC report.
blaise, where did you get the news on the 23rd event? Agree that there is always a leak and pps will move before the report.
That would be likely be the closing price this Friday at about 2pm barring any major news before then.
There can't be any "legit" sellers left but the hedge funds are still trying to churn shares among them as their in or out of money options are about to expire this Friday.