That is why I bought lots shares. You either shorted it right before Carson/Muddy launched the attack or buy it after the attack. Carson talked on TV once, when answering the question if they were in a coordinated action with other short sellers, that he "shared the info" with other short sellers before he launched attaches. If you want to make money by shorting the stock, you has to "share the info" with him before the attach, not posting the messages here after they shorted the stock! After the attach? It is time to buy. Worried about delisting? That is a very rare event which scared so many people. You buy when others are scared.
Thank you for pointing that out. This kind of news usually you only can get it from fast money half time show in CNBC. Very bullish.
If you really seriously want to make some money by trading NQ, you should either go short BEFORE MW launched his attack (MW said on TV that he informed many short money managers for "exchanging info" before he launch a short attack), or you go long right after his attack. Among the companies he shorted only few got delisted. But that scared individual investors. In facts, all the IPO'd Chinese companies that he shorted have been recovered after the attach. That is a very simple and sure way to make money. I bought in after the attack, yet everyday I saw the shorts called people like me as "stupid people", "bag holder". What can I say? If I want to make some money, I need someone stupid.
GS has been betting on NQ starting not long after MW's attack. GS invested in a Chinese company and that company is working on its ipo in the US. That work is backed by GS as well. Last year that Chinese company hired NQ's ex-cfo to be their cfo to prepare financial statement for the IPO. Obviously, GS does not believe there is any accounting problem with NQ. Otherwise why they hire the number 1 suspect to do the job?
And, it traded $1.05 a piece at this moment, meaning the traders are betting that NQ will be above $18.5 by March 22.
First, that is a hard fact that the mainstream media do not report positive news about NQ unless they have to. Remember? when major Chinese smart phone makers and carriers were coming out one by one to confirm their business partnerships with NQ, I posted those news here. But those news have never been reported. They were only mentioned by Toro report in SA. It happens again. NQ have got several good news recently that have not been reported. This is just one of them. Deloitte's report for 2013 has just made available. If you want to read it, please Google "Deloitte Technology Fast 500 Asia Pacific 2013 ranking", then click the link provided by Google. It's a PDF document.
If you Google AV-test NQ, you only can find the test results dated Dec 16. The newest results are already reported by Chinese media. Google AV-test最新评测报告公布 网秦安全获满分, go to news (not web), then click the link provided by Google, you will find the article. It's in Chinese. But you can see the photo of the original page. The total score was 100 showing on the top of column on the right.
Wrong! The correct statement should be: "You should do your own dd, make your own decision, instead of following and worshipping those who do not go to China doing their DD, including MW."