Carson Block or the management of a Chinese penny stock company. By now the answer
should be quite obvious. Thanks Carson for the heads up.
If it smells fishy then you should stay away.
Shorting this stock was the smartest move I made in a while.
Any other China penny stock you guys have heard of that have
financial issues like NQ had?
I can only assume you longs are not happy about my success with my NQ short. I myself
am very happy. I couldn't be happier if there were two of me. You all had the same opportunity
as I did. You just made that classic newbie mistake. Better luck next time. I don't wish you bad.
yeah my accountant said I will have a big tax bill. I can live with it. Maybe some of the pumpers can let us borrow some of their losses to off set the gains? I guess we can ask.
Every time they open their mouths someone sticks their mule in it. Shut them up every time. Then they come up
with another lie.
Canceled my golf game. Want to see if he brings any more truth out about this Chinese penny stock.
Something does smell fishy here. As someone said earlier for them to have absolutely no news out in two months is as bearish as it gets.
Are you kidding. I would listen to him anytime. Look at all the money I made shorting NQ!!!!
I am freaking rich!!!! Yeah baby. Bring on more Carson.
I couldn't underline so put the important parts in parentheses This just doesn't pass the smell test!
Such a strategy would "not likely be sustainable in the long term", but if the whole thing comes crashing down there "isn't much recourse for shareholders". Even the large cash balance of NQ can be seen as a measure of how much "money has been permanently taken from shareholders". Because of the VIE structure, US shareholders will have difficultly claiming most of it. In the event the company has to pack up and leave the US, the 'cash will most remain in China" due to the legal difficulties in obtaining it.
IF it were not for Cramer this stock would not even be $20. This valuation is a joke by
You sound to stupid to be investing your own money. Why would a short complain about the PPS
staying down you moron? If I was short I would ask them to give this clown a long term contract.