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  • NQ's U.S. Veneer: Withholding Facts, Conned Men And A Convicted Racketeer [View article]
    It's a shame that this kind of articles are published. It looks like a manhunt! Shame on you, SA!
    Nov 12, 2013. 11:15 AM | 22 Likes Like |Link to Comment
  • 12 Signs and 158 Reasons Investors Should Avoid Chinese RTO Stocks [View article]
    The Barron's article is fish feed for short sellers on US-listed Chinese stocks. The article has strong biases built in:
    Bias 1 - Time after the time, the article quoted that Chinese smallcaps underperformed. However, much of the statistics quoted failed to mention the spectacular run of Chinese small caps from March 2009 to Jan 2010. It simply quoted the recent down of those stocks.

    Bias 2 - Only quotes the bad part of a stock. The ONP fiasco is well documented. The article only quoted "Muddy Waters" stands behind the story, and there are no comments from ONP/IR/Lawyers. It does not say anything from the counter points. It does not even mention that those two MW researchers have no financial background, and recently "moved on" after the taking the profits from the short position.

    Bias 3 - Much of the story focuses on the promoters and a few "Wall Street" investment bankers/IR firms. It does not distinguish the dealers from the managers of the company. It assumes that all promoters of the Chinese stocks are bad, and the companies, by association, are therefore bad.

    Bias 4 - It is an undeniable fact that a large number of reverse mergers are bad deals for all both the original Chinese owners and early investors, including retail investors who bought such a stock before it could develop a life of its own out of the early stage. Of course a pool of such stocks will perform worse when compared to an index of established names, that is not a surprise and not China specific.

    The final conclusion could be that the authors used deceptive argumentation to bolster their desired conclusion. They forgot to mention that we had a massive downturn in late 2007, the same time that most of these companies entered the U.S. equity markets. In that downturn, stocks perceived to be riskier performed exponentially worse than the overall market. OTC/pink stocks, which comprise most of the Chinese RTO's and are perceived to be the riskiest of all asset classes, performed the worst of all.

    The proper comparison would be to compare Chinese RTO's with other OTC/pink stocks that were born at the same time.
    Aug 31, 2010. 05:49 AM | 20 Likes Like |Link to Comment
  • NQ Mobile Paid Over $80 Million For A Copyright Violating Live Wallpaper Company? [View article]
    It seems that your only goal is to destroy the company. Why?

    Now you come with copyright violations, what's next? ......... Sex violations?
    Apr 25, 2014. 03:32 PM | 17 Likes Like |Link to Comment
  • NQ Mobile Using Sino-Forest Tactics To Delay The Inevitable? [View article]
    Did you go to the same cocktail party as MW? This looks like a coordinated short attack that has to be investigated.
    Oct 28, 2013. 10:06 AM | 16 Likes Like |Link to Comment
  • Why The Bull Is Wrong On NQ Mobile And Muddy Water [View article]
    Btw Orient Paper (ONP) is not a fraud, MW was completely wrong with their thesis on that one too.

    Your title has an error, it's Muddy Waters.
    Dec 5, 2013. 09:35 AM | 15 Likes Like |Link to Comment
  • Why The Bull Is Wrong On NQ Mobile And Muddy Water [View article]
    As I mentioned in some other NQ articles.

    In this specific case short sellers have to understand that the new cash confirmation procedures done by the big 4 auditors are water proof. So the argument used by several short sellers that the money is not there or not real is just insane.

    If this case was presented some years back, the short seller's thesis could have some merits as you stated yourself with China MediaExpress. But many things have changed and for now auditors are much more clever than crooks. Cooking the books has become much more difficult.
    Dec 5, 2013. 09:53 AM | 12 Likes Like |Link to Comment
  • NQ Mobile: Don't Be Fooled [View article]
    Why every time there comes some news about NQ, you warn investors not to take a position?

    NQ is not a fraud, likely there will be some restatements but that's all!

    I really think quite a lot of authors here on SA that write bearish articles about NQ are in a big conspiracy against the company.
    Jul 9, 2014. 09:06 AM | 11 Likes Like |Link to Comment
  • China Small Cap Stocks: Should You Buy, Sell, Or Simply Stay Away? [View article]
    I really think investors can buy quality companies for bankruptcy prices. This year I am convinced we will see US-listed Chinese companies taken over by bigger domestic Chinese companies (listed in HK or Shanghai) or foreign companies.
    Feb 20, 2011. 09:22 AM | 11 Likes Like |Link to Comment
  • Why The Bull Is Wrong On NQ Mobile And Muddy Water [View article]
    Have you been smoking weed or are you living on planet Mars?

    that when Muddy calls a Chinese listed company a zero, it's almost certainly a zero, and the apologist arguments are distortions of facts or willful ignorance
    Dec 5, 2013. 10:30 AM | 10 Likes Like |Link to Comment
  • Class Action Suits Could Hurt China MediaExpress [View article]
    Joe, it is not my attention to bring down China MediaExpress.

    What makes a lot of noise in my hat is the fact that these lawyers also make a company look bad. In Europe we don't have class action, Thanks God.

    Class action is a horror for the US industry: proceedings which allow individuals to file unlimited claims for payment for a whole class of claimants through legal action. It seems that in the U.S. there is a lot of dubious excessive use of these suits.
    Mar 10, 2011. 01:45 PM | 10 Likes Like |Link to Comment
  • CCME: Extensive Research Confirms It's the Real Deal [View article]
    Unbelievable that you are still bashing. How is it possible that you have so much followers?
    Feb 17, 2011. 11:02 AM | 10 Likes Like |Link to Comment
  • Shorting China Stocks Part of a Bigger Plan? [View article]
    Why short China?

    Everyone knows that it is the growth story of this century. Of course there are always be companies that are questionable, but that is not only in China. Learn Chinese, learn their culture, learn their business principles and you will become rich.

    Look at the short list above. Most companies have had extensive due diligence by institutional investors. You think they are all frauds?
    Feb 2, 2011. 12:44 PM | 10 Likes Like |Link to Comment
  • NQ Mobile: It Can't All Be A Scam, Can It? [View article]
    When the dust settles, favorably, a company with 40% revenue growth, 30% operating margins valued at 4x earnings, should be hard for investors to ignore. The company's uncertainties are overly exaggerated.
    Aug 21, 2014. 08:36 AM | 8 Likes Like |Link to Comment
  • NQ Mobile: Don't Be Fooled [View article]
    I respect everyone's opinion, but sometimes I have the idea that some articles are just perpetrated to harm the company and their business.

    Especially Goldbaum's articles gave me that feeling. Would a shorter or bearish reporter also have the guts to write something positive about the company if they were wrong with their thesis?
    Jul 9, 2014. 09:47 AM | 8 Likes Like |Link to Comment
  • Hedge Fund Shorting NQ Mobile Not Planning On Covering Until Delisting [View article]
    It seems that a lot of these short sellers are organized in wolf packs, to do as many harm as possible.
    Dec 5, 2013. 10:39 AM | 8 Likes Like |Link to Comment