You always waste your time to make special assumption, make certain arguments..., why don't you just post " I hate NQ, I want the company to be punished & I hate all of you longs". Remember, you don't work for apple, & you have nothing to do with apple. Furthermore, don't keep posting "according my Hong Kong source..., that's really a laughing matter.
NQ Mobile (NYSE:NQ) offers a unique opportunity of a stock that is trading for less than half of where it should trade, at minimum, in the near term. See seeing alpha.
...... I believe NQ Mobile is worth at minimum $8.14 per share based on potential cash net of debt on the balance sheet. This is the most conservative valuation, which is significantly less than the $13 price target given by Rosenblatt Securities. Clearly $8.14 does not value various high quality businesses such as Showself, the healthcare unit, or NQ's investment in a Chinese government-backed mobile operating system. Given where the stock price is currently, being conservative is the starting point for valuation but not necessarily the end point. (please see complete article)
Some info for Longs, we haven't seen the upgrade for long long time. This upgrade came right before ER.
Thomson Reuters/Verus upgrades NQ MOBILE INC from HOLD to BUY.
BY Investars Analyst Actions - public
— 4:08 PM ET 03/21/2016
On March 21, 2016 Thomson Reuters/Verus upgraded NQ MOBILE INC ( NQ
) from HOLD to BUY.
Sentiment: Strong Buy