From my tip, currently the friends of insiders of the China stock YRD are up pumping up the stock right now. After the pump is done they will begin unloading and then shorting it back down to profit even further. Currently still in the pump phase. I already started taking a bit of profit on the long side and preparing to cash out the rest while waiting for the dump phase to start building a short position.
This type of trading and insider manipulation is extremely common in Hong Kong and China, except without the shorting part in China since it's not allowed there. This is likely the very reason why NQ China man executives were so eager to attempt to RTO florida mobile with the Hong Kong clothing company and then the China wine company. They wanted another stock where they can pump and dump and profit from.
How can I be down $1.50 when I shorted over $20, in the teens, and high single digits since 2013 and made a killing? Your an idiot for assuming everyone shorted at the very bottom. By that logic you bought at $26 and are down over $20. I just come back here occasionally to laugh at idiots like greg who has been defending the stock since the 20s all the way down to 3. But if they ever pump NQ high enough again I'll be glad to short again even though there's no more muslim terrorist like Omar Khan to bet against.
Don't blame truthnjust aka ricechinq. He is just earning pennies for every post he makes so he can buy rice and feed his family in China. Blame whoever hired to post the garbage on here.
Whatever happened to the humble beginnings Lin who only drives an old beat up Audi? Sounds like Lin is living like a king instead with the money he conned.
Right now NQ is merely contemplating the deal and "the parties have not yet entered into any definitive agreements in relation to the Proposed Transaction." Which bagholders will wait patiently to see if this is another fake deal? Greg, biotechloser, omarode, truthnjust, jp boston, bpl000001, altaga? Anyone raising their hand?
I told people before trusthandjust aka ricechinq, and all his other aliases whose been pumping NQ for 2 years now here is nothing more than a paid pumper out of China. They have Chinese pumping NQ on almost all these different stock message boards. Here on Yahoo, on StockTwits, on Seeking Alpha, and apparently it is also going on at Chinese language stock message boards too.
They could always just steal everything in the VIE and go dark instead of paying back the convertible debt due in 8 months.
I've been telling people truthandjust and tons of other pumpers are probably nothing more than paid pumpers out of China. He gets pennies for every post he makes. Google "chinese internet water army". Paying people to leave fake positive reviews or to pump stocks online is extremely common in China.