RSX, YNDX, RUSL, and all other gas stocks are for the dogs. People time to move out of these worthless stocks..They are not going anywhere as long as USA remains the only super power.. I wonder why they are listed on US stock market
I may be jumping the gun, in the past NQ has earned 20 to 25cents a quarter, Q4 2013 being an anomaly, likewise 2014, will also show some of the write offs and cost incurred for the investigation. However since the projected revenue growth in 2014 to $326m+ range, they should still be able to show profitability in the 20c a quarter EPS, this should put them in good position , and at 18 times the forward earning , PPS should rise to 18+ if not $20+ with in 3 months.
What did u expect without any news from NQ, beside the trading week is coming to an end. IMO NQ has missed a great long weekend to hit the shorts.
You are going to have to wait some more, I dont think we are going to get 10Q's this week, may be 2nd week of December now.
While i like technical but this stock until it corrects its self / finds its right value, it is hard to trust the technical. On good Q's and positive guidance it can move 100% and may be even more and may keep going higher until it reaches 30.,
I agree, NQ has a number of mountains to overcome, first, call volume for Dec and Jan, massive number, next dilution, next investigation write off's, all the companies bought, question about their profitability. so it will be interesting to see how NQ can lift off..
Few weeks back i switched to NQ around 6.40 and hv been building up my portfolio to 90K shares, u should too , it is ready to climb, take half off at 10.80 rest at 12.40..
I will pray for you, may God grant you your wish. I feel for you sir. If all goes well for you, serve the needy, and do good to others.
Every time MM or other pressures on the stock have moved the price down, many a longs have added to their positions, like myself. In my case I have been adding since we hit 6.40 few weeks back. Likewise some big fund has also added to the positions, so over all more shares are in the hands of long term holders. Implication being that fewer shares are out there and this will the add pressure on the short holders to get out of the way if this stock climbs with some force behind it. Question is when does the final round gets played. No it is all up to NQ, they need to come out with a kick #$%$ 10Q's showing growth, positive EPS, 50% or higher revenue growth and screaming forward guidance. They (NQ) can not afford to be wishey washy now or else they (nq and many of us longs) will languish in the blow 10 range for years to come..
Not that I have any inside information, but possibility exists for 10Q's to show up on Wednesday 26th. This timing would be great and will give shorts to either cover on that day and of they dont then they will have four days to sweat it out like longs did a while back
You are is a great position, i wish my avg was close to yours but since i started with a large position way back in Mar/Apr, me best is around 8.93. and close to 90k of which i trade 10k or so when the price is right.
I think you are being too rough on Bio, let the man say what he needs to , you can choose not to believe him but no need to call him names..Yes it hurts being in NQ, and many of us have scars to show, NQ will recover if and when NQ mgt comes out clean, and if 2014 shows positive EPS and better 2015 guidance we can get to 15 even with this dilution..
Atleast it was a loan that was called in the report. you know company throw Xams parties, summer picnics where they will spend a million like it was nothing. so give this a rest..this is no reason for you to keep banging NQ..As much as i dislike what NQ has done all of this year, i think they will dig themselves out of this massive hole , if not this year may be the next.
dilution is not bad if there is revenue associated with it, at present we dont know this, all we can do is wait it out like we waited for 20F and even there NQ showed that again they were keeping information away from the public.
I take it you read my response to your question in another message, if not see below
Given the dilution, the write offs, the cost of the investigations, audits etc, despite revenue growth, i dont see how NQ can come up with a positive EPS. Previously they had close 60m adrs , now 90M adrs, at 30c per quarter EPS, would imply $1.20 for the year, meaning they would have to show $100m profitability for the year. i just dont see that happening, even 60cent for a year is near impossibility. Taking your low end of the EPS 10cent a quarter, 40cent for the year would mean $36m. and if you believe this is very much a possibility, at 40 multiple for a growing company, PPS would be worth $16. I wrote that just to make longs happy. But we do have to ask with all the nonsense that has happened with NQ this year, is 40cent EPS for the 2014 possible. If not dont expect it to go to 16, in fact dont expect it to go to even $10 pps
Given the dilution, the write offs, the cost of the investigations, audits etc, despite revenue growth, i dont see how NQ can come up with a positive EPS. Previously they had close 60m adrs , now 90M adrs, at 30c per quarter EPS, would imply $1.20 for the year, meaning they would have to show $100m profitability for the year. i just dont see that happening, even 60cent for a year is near impossibility. Taking your low end of the EPS 10cent a quarter, 40cent for the year would mean $36m. and if you believe this is very much a possibility, at 40 multiple for a growing company, PPS would be worth $16. I wrote that just to make longs happy. But we do have to ask with all the nonsense that has happened with NQ this year, is 40cent EPS for the 2014 possible. If not dont expect it to go to 16, in fact dont expect it to go to even $10 pps.
There is no short covering going on, and nor will that happen any time soon. Shorts have themselves covered by the calls, take a look at Dec and Jan call volume. NQ will have to walk the PPS upwards on its own merit. And that too at present seems like a very remote possibility. You have to understand stocks only move higher on fundamentals. Last years negative PPS and MQ allegations took the stock from 24 to 3, NQ has spent over a year and produced not a single trustworthy PR, in fact many lies were told, which to me have been more damaging than MW. Yes many a longs are waiting for some miracle and at every turn these same longs invent stories to convince themselves to wait a little longer but find themselves disappointed each time. And in the process many a longs i have known on this board have lost everything and some will lose in months to come..My advise if you dont have cash to loose, go find something else or prepare yourselves to wait for atleast another year.