juju says Toro only owns 1.7 million ADS at a cost in the mid $8? Really, how could Toro get on the board then, with a piddly $1.7 million 2% stake? By the way, if you were trying to convert class A shares to ADS, it's 5:1, not 7:1. Please, leave your garbage "facts" at the door.
Does a pipedreamer like biotechwatcher ever question his own assertion that "shorts select all the negative events from a period of time and string them together" to create what he views as a fallacious conclusion? Has biotechwatcher ever wondered why NQ is plagued with so many negative events (red flags)?? More pointedly, has he not seen M. Night Shyamalan's "Signs"???
""Example: JB Teo has resigned as CFO.
Yes. That statement is true. It is also widely believed he was missing critical work deadlines due to serious illness in his distant family.""
Under 40 year-old guy resigns from his CFO post for "family reasons" and then looks like he's in the job market soon thereafter. "Family reasons" - What, did he not get along with the Lin family...lol?
Bison Capital Holding Co and it's subsidiary Bison Mobile is an unknown hedge fund from Beijing. A quick search on SEC's website shows only one 13D (AirMedia Group) holding.
Could this be a Bison (Chinese co) orchestrated pump and dump? Bison already has a non-binding interest in FLMobile - no FL IPO, no money, remember? Looks like the same playbook.
You should've stayed short, you dimwit flipflopper! You disseminate lies when you're short, you disseminate lies when you're long, and now you deserve to lose everything.
Hey dipsht, don't sugar coat this debacle with your usual junkspin. Fact: My account showed my NQ position valued at $10,000 at the end of February. Today, it's valued around $2500. Paper loss, real loss, any 75% loss is horrific loss. This is a POS of a company as far as I'm concerned, but I don't see much point in selling here either It's nothing more than a lottery ticket.
No filing yet this morning and I don't see it coming this afternoon considering the workday is over in Beijing. On the other hand, NQ management could be that stupid to sit on it and watch the stock tank again. 50 minutes more and I'm out.
As an observer, applengeer is repeating 1/2 as much as the longs here are.