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NQ Mobile Inc. Message Board

getintoh20 333 posts  |  Last Activity: 1 hour 30 minutes ago Member since: Sep 21, 2007
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  • Reply to

    Big volume last minutes of trading today

    by gerhardchubb Jun 5, 2014 4:36 PM
    getintoh20 getintoh20 Jun 5, 2014 4:45 PM Flag

    Last 30 minutes 200,000 shares were sold.

  • getintoh20 getintoh20 Jun 4, 2014 8:09 PM Flag

    38 million shares traded hands today, no way it gaps down, should gap up tomorrow around $10.75 by Friday $12 plus

  • Reply to

    In Case You Missed it...

    by mylkvveed Jun 4, 2014 7:31 PM
    getintoh20 getintoh20 Jun 4, 2014 7:37 PM Flag

    An investigative team assembled by NQ Mobile found no evidence it engaged in the fraudulent conduct alleged by Muddy Waters and said its cash balances were “verifiable and consistent with public disclosures,” according to a statement from the company distributed by PR Newswire. The team did make recommendations to improve internal controls, the company said.

    “Hopefully it’s an indication that this has primarily been a manipulated campaign to smear mud at NQ,” Jim Oberweis, president of Oberweis Asset Management, which holds shares in NQ Mobile, said in a phone interview from Lisle, Illinois. “It takes a long time to defeat those types of campaigns, but this is a great first step. We’ll continue to hold our investment in NQ.”

  • getintoh20 by getintoh20 Jun 4, 2014 7:18 PM Flag

    analyst Frank He commented on reports the US is imposing preliminary countervailing duties of up to 35.21% on imports of panels made by Suntech Power and five other companies. The news creates uncertainties on pricing and shipments.

    Related stocks include Canadian Solar, Inc. (NASDAQ: CSIQ) and JinkoSolar (NYSE: JKS). ReneSola (NYSE: SOL), JA Solar Holdings Co., Ltd. (NASDAQ: JASO), Yingli Green Energy (NYSE: YGE), and Trina Solar Ltd. (NYSE: TSL).

    "While it is still too early to quantify the impact from the preliminary decision, we think shipments and margins for Chinese module manufacturers are likely to face pressure in the near-term: (1) it will inevitably lower the incentive for Chinese suppliers to sell modules to the US," said He, "it is possible that retroactive charges may also be imposed on Chinese module suppliers before the final ruling is determined, thus further lowering potential shipments in 2Q."

    "We estimate US shipments accounted for approximately 20%/20% of Jinko and Canadian Solar total module shipments in 1Q14.(2) Although Chinese module makers may source cells in China instead of Taiwan to save some costs, this would not fully offset the tariffs imposed, thus impacting module companies' dollar margins in the US. Our sensitivity analysis shows a US$1 cents/watt reduction in module dollar margin would lead to 17%/7% 2014 net income declines for Jinko and Canadian Solar (3) Moreover, we believe a potential shipment slowdown in the US market might bring about inventory destocking, thus potentially increasing pricing competition in non-US regions, as we estimate the US accounted for approximately 10% of China's module production in 2013. (4) On the other hand, we think Chinese suppliers may use overseas manufacturing facilities to avoid tariff charges in the US market. Canadian Solar has a module plant in Ontario, which may help to facilitate shipments to the US," he added.

  • getintoh20 getintoh20 Jun 4, 2014 2:30 PM Flag

    Thanks for input!

  • getintoh20 getintoh20 Jun 4, 2014 2:23 PM Flag

    Long 2000 shares at $8.13. But5 this is not as clean a report as I thought. Any opinions on this report?

  • NQ Admits Widespread Data Tampering, but Claims it is not a Fraud
    (Committee to NQ: During the course of our fraud investigation, we caught you trying to defraud us.)
    NQ admitted widespread tampering with data reviewed during the investigation. The
    press release reads:
    “Despite the Investigation Team’s extensive review of documents and data
    provided by sources both within and outside the Company, the Investigation
    Team could not verify that the devices it collected and copied contained all
    responsive information at the time the copies were made. On many devices, the
    Investigation Team observed indications that some information might be missing,
    and the Company’s management and staff were unable to provide a credible
    explanation for what the Investigation Team observed.”
    This disclosure is reminiscent of the final report delivered by Sino-Forest’s
    “independent” committee. The Sino-Forest directors’ conclusion was that they could find
    no evidence to support Muddy Waters’s fraud allegations.1 Sino-Forest’s exculpatory
    press release read:
    “The Independent Committee report verifies the Company’s stated cash balances,
    confirms registered title or contractual rights to the Company’s stated timber
    assets, as well as the book value of these assets, reconciles reported total revenue
    and refutes the allegation that Yuda Wood is a subsidiary of the Company. We
    can categorically say Sino-Forest is not the ‘near total fraud’ and ‘Ponzi scheme’
    as alleged by Muddy Waters.”
    With a couple of name substitutions, the above statement would mirror that put out by
    NQ. Unlike NQ, Sino-Forest did release a redacted version of the directors’ report. That
    report alluded to the evidence tampering that Sino-Forest management undertook, which
    appears similar to that undertaken by NQ.2 It cited problems, including:
    • “data on some servers in China appearing to have been deleted on an irregular
    basis, and there is no back-up system;”
    • “lack of full cooperation/openness in the ICs examination fro

  • Anyone? Lol... Love shorting this stock, easy money.

  • getintoh20 getintoh20 Jun 4, 2014 6:48 AM Flag

    Already trading down $1.50, will trade under $24 today. Short all u can...

  • JinkoSolar (JKS) (see thesis): With a 26.89% tariff, and manufacturing based entirely in China, JinkoSolar is highly susceptible to the new tariffs JinkoSolar's U.S. business will take a substantial hit

  • Reply to

    There is big news out there

    by asianhiddentreasure Jun 3, 2014 7:25 PM
    getintoh20 getintoh20 Jun 3, 2014 9:26 PM Flag

    JKS last qt US represented 30% of sales, Oh no longs JKS will tank hard tomorrow $25 or lower. Yes!!

  • getintoh20 getintoh20 Jun 3, 2014 2:43 PM Flag

    John Coleman, the founder of The Weather Channel, and various other critics have called the theory that human use of carbon-based fossil fuels will lead to catastrophic global warming or climate change a “hoax.” It is, but it’s more than that, it’s criminal.Are we humans causing the warming by our carbon emissions? Actually, most of the “greenhouse effect” is due to water vapor, which makes one wonder why the EPA hasn’t designated H2O a harmful pollutant that they must regulate. Meteorologist Brian Sussman’s calculations in his book “Climategate” show humanity’s share of the greenhouse effect as .9 of 1 percent.

    It’s even possible that CO2 may not affect global warming at all. During many stretches of planetary history, there has been no correlation between the concentration of CO2 in the atmosphere and global temperature. In other long stretches, the variations of the two factors followed a significant sequence: increases in CO2 followed increases in warmth by several centuries. You don’t need to have a degree in climate science to know that, in a temporal universe, cause does not follow its effect.
    Even global warming alarmists have tacitly conceded that CO2 is not the primary driver of climate change when they responded to the relative cooling in recent years by changing their story and telling us that the earth is likely to cool for a few decades in spite of still-increasing atmospheric CO2. Translation: other factors outweigh CO2 in their impact on global temperatures. Those other factors include variations in solar activity (accounting for 3/4 of the variability in earth’s temperature according to the Marshall Institute); changes in earth’s orbit and axis; albedo (reflectivity, meaning changes in cloud cover which are influenced by fluctuations in gamma ray activity); and volcanic and tectonic activity in the earth’s crust. For humans to presume that they are more than a gnat on an elephant’s rump in terms of impact on climate change is vain and delusive SHO

  • getintoh20 getintoh20 Jun 3, 2014 1:26 PM Flag

    I agreed, this stock should never got pump up to $29 after it miss 1st qt earnings by 400%, but the market is correcting those organized criminals . Lol...

  • Reply to

    Love shorting this pos

    by getintoh20 Jun 3, 2014 12:00 PM
    getintoh20 getintoh20 Jun 3, 2014 12:49 PM Flag

    Well JKS trade under $26 today? Short away...........

  • getintoh20 by getintoh20 Jun 3, 2014 12:00 PM Flag

    Heading south again boys! Hope u bag holders took advantage of that fake pump.

  • getintoh20 getintoh20 Jun 3, 2014 8:53 AM Flag

    $8 stock at best, short away....

  • Neonode pares losses after CEO discloses fresh purchase
    Neonode (NEON #$%$) CEO Thomas Erikkson bought 100K shares today at $3.07.
    The purchase comes two months after Eriksson bought 20K shares at $5.08, and two weeks after director Mats Dahlin bought 50K shares at $3.77.
    Previous: Neonode -12.2% after filing shelf, providing details

  • getintoh20 getintoh20 Jun 2, 2014 10:13 AM Flag

    ON Nov 13 2013 Management said they would personally buy $3 million worth of Nq shares, as of today (7 months later) not one share has been purchase by management or the CEO. Hmmmm? Another lie. Keep drinking the cool aide.

6.55+1.18(+21.97%)Jul 23 4:03 PMEDT

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