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Paulo Santos

 
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  • Is NQ Mobile Incredibly Crowded? [View article]
    Its 23.5%, and the short interest cannot mean a lot because each share sold short creates another share long, so a stock that's shorted 23.5% is long 123.5% by definition.
    Nov 23 02:21 PM | Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    I don't know if it's reaching a top - the market is entirely driven by artificial money printing, and there are historical instances of money printing driving markets 1000-1000000% ...
    Nov 23 02:19 PM | 1 Like Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    I also wonder if this is the effect of IBD having promoted this particular stock. Either way, the massive participation is surprising.
    Nov 23 01:08 PM | Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    I have no short position.

    This article is relevant - no one else is highlighting the fact that NQ seems to have as much retail participation as TSLA, which is wildly surprising.
    Nov 23 12:48 PM | Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    The market is filled with manipulation right now. The WHOLE market is being manipulated by the Fed ... even if what MW was doing was somehow fake, so what? Manipulating and distorting is the new law of the land, those not doing it are at a great disadvantage.

    Anyway, the most likely answer here is that NQ got promoted by IBD so there's a lot participation from that.
    Nov 23 12:47 PM | Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    I agree with that conclusion, Macrotrader100. The vitriol is clearly running high here, this shows a lot of people on the edge.
    Nov 23 12:45 PM | 2 Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    Comparatively, AMZN shows less participation than this - even though it's like 200 times the market value.

    A poster above said IBD promoted NQ, and that might explain part of it.
    Nov 23 12:44 PM | Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    That does not explain how such a little equity has such massive participation. A poster above said IBD promoted NQ, so that might be a better explanation.
    Nov 23 12:43 PM | Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    The 23.5% short interest does not change the point. Indeed, it might do the following:
    1) Reinforce the point because each share short creates an additional share long;
    2) Might mean the stock is also crowded on the short side.
    Nov 23 12:42 PM | Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    chimera, is the article was positive, no matter how dumb, I am sure you'd support it.

    The sheer response to an article about a $800 million little-known Chinese equity is very amazing. Hence this article. This level of participation has meaning, and we'll know what that meaning is pretty soon, I guess.
    Nov 23 12:41 PM | Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    The short interest being 30% means the long interest is 130%, because each share shorted creates an additional long share. Which is something interesting and little known.

    It also raises the question on whether we ought to consider the market cap $800 million or $800 million x 1.3

    Either way, the stock might be crowded on both sides, and it clearly elicits very powerful emotional responses.
    Nov 23 12:39 PM | Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    It's probably crowded on both sides, making for some very hard moves.

    But it being crowded on the short side means it's even more crowded in the long side, because each share that's shorted creates another long share (that is, a stock which is 100% shorted would have to be 200% long).
    Nov 23 12:37 PM | 1 Like Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    Perhaps that explains it. Thanks.
    Nov 23 12:35 PM | Likes Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    Sellinpanic, perhaps you're not surprised by a level of participation in NQ that's comparable to TSLA. But I am. And I do think most people would also share on that surprise given how unlikely it is.
    Nov 23 12:34 PM | 1 Like Like |Link to Comment
  • Is NQ Mobile Incredibly Crowded? [View article]
    TSLA is very speculative and much larger than NQ. It's wildly surprising that NQ would attract a level of participation that's comparable to TSLA.
    Nov 23 12:32 PM | Likes Like |Link to Comment
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