You seriously think with fraud accusations and missing data that RSI means anything? Go back and look at the basics of TA which nonetheless assume certain criteria such as legitimate audit verified numbers.
Looks like will be up premarket tomorrow.
This is a reasonable question to ask. Longs should be asking this question too.
Company has real products and services, real partnerships, real cash in bank, and legit management. Just overwhelmed in transition from small to larger enterprise, some record keeping along the way got botched, it seems. Bottom line is the cash in bank and revenues are confirmed by DT/SS/Ind Committee. NQ has wisely stopped making PR announcements as they get attacked whenever such is not the 20F. They will be radio silent until then unless they do something shareholder friendly in the meanwhile such as changing their VIE structure or a major contract. Also the chart looks like it bottomed last Friday and is marching upward, bet it gets to 7 this week before holiday. No promises.
Sorry, I'm as long as anyone can be think the delay has nothing to do with suing MW. More likely, PWC has not yet completed its audit.
I hold September, December, January 15 and January 16 calls and do not consider them any more speculative than the stock. It all hinges on the 20-F. IF good result the chart will print nicely for next year. IMHO.
This is exactly right. It will all pan out favorably for NQ or PWC would have quit weeks ago.
So would DT before the report.
Chinafraud, this is the first and perhaps only post you've posted that made a lot of sense. I even gave you a thumbs up. Nice job. Keep up the intelligent posts and stop with the silly posts.
Everything you wrote leads to a conclusion of incompetence, in over head, unprepared, disorganized. It does not lead to conclusion of fraud.
Cost benefit analysis. Much more up room than down room. Many catalysts over the next 18 months. I hold Jan 2016 call options. Very comfortable with a younger more aggressive company, with better chance of making more money. I have plenty of low beta stocks already. This is my spec with potentially high rewards.
MW never needs to be right to make money. All CB/MW needs is to front run, publish hit piece, ride the panic, then cover. Nowhere in any of this process is being correct required.
Not too extreme, pretty much accurate. What a change!
Article is 5 biggest losers last week summary.
PWC will have done enough to find every problem DT found. That being said, DT very likely shared all the issues with PWC at the request of NQ.
Shorts are betting on major restatements and revelations of hidden cash and bilking and all kinds of unsavory acts like raiding the company for 80% and they'll even steal (take) the kitchenette sink in the office.
Shorts expecting NQ to go to zero are really, really gambling. I hope they own call options too.
NQ has confirmed cash. Real frauds have looted banks. NQ gaps to 14 as soon as 20F filed.
The market is pricing in fear more than valuation. Market has overshot the target by a lot. Reminds me of DOW 6500.
How much credibility does this get? About 0. Your alleged story is that your wife, while in China, spent how many minutes at what time of what day looking at how many entrances? And normal traffic for the company is what? And was it rush hour or weekend, or was staff inside? And she went to what address? You know what-- Post a video of what you are saying and come up with a way to time stamp it.