Where are all the activists????? this is a no brainier.
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.
IF it were not for Cramer this stock would not even be $20. This valuation is a joke by
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.