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Robert Zangrilli  

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  • Down The Rabbit Hole With NQ Mobile [View article]
    GrowthGeek, maybe you're not, but there's a crew of people that basically hang out on StockTwits, Yahoo Finance, and PumpHoldersUnite all day long "relaying what Matt said" to the idiots there. The company has given away 25% of its float for a bunch of no name companies without disclosing, and now suddenly longs think this reverse merger is a big red flag and are telling people they can't hold it anymore.

    Add this to the fact that NQ didn't fight the sell-off (i.e. didn't announce a b.s. buyback with earnings) and how aggressively people were ready to load up at $3.50 on b.s. news, I think this was orchestrated by NQ.

    The only question is whether this is just about giving insiders another couple hundred million swing in market cap so they can trade it before it becomes a penny stock or whether there will be news that company is getting taken out for more than $3.50 (also the price when Bernstein became auditor and the stock rebounded aggressively).
    Dec 24, 2014. 08:41 AM | 1 Like Like |Link to Comment
  • Down The Rabbit Hole With NQ Mobile [View article]
    Nothing has changed since last week. The whole point of not announcing a buyback was to make people sell, so insiders could load up.

    (1) Mathison wouldn't have accepted the liability of statements about "unlocking shareholder value" unless he knew investors stood to make money at this point on NQ.

    (2) Bernstein never would have signed off on NQ's audit unless he knew their was a credible buyout offer where he wouldn't be liable for investor losses.

    (3) Blatantly paid pumpers like GrowthGeek, Selby and SludgeReports wouldn't have been trashing the company unless they wanted people to sell.


    Dec 23, 2014. 12:39 PM | 2 Likes Like |Link to Comment
  • Down The Rabbit Hole With NQ Mobile [View article]
    The other possibility is this whole Lin disappearing, the entire board resigning, the reverse merger, etc. is all about NQ flushing out non-insiders because they want to buy their shares cheap before a buy out. These guys are the greediest people on earth, and Chinese frauds getting bought out is actually the norm.
    Dec 23, 2014. 09:55 AM | 2 Likes Like |Link to Comment
  • Down The Rabbit Hole With NQ Mobile [View article]
    Great article again. You've really been doing a nice job of distilling everything to the core issues for people.

    The interesting question to me at this point with NQ (I think most see it'll eventually be a penny stock) is what happens to the American management team. Seriously, how can a guy like Mathison claim this deal is "unlocking shareholder value" while we assume he's not aiding and abetting NQ anymore. The same thing goes for some of the statements Khan has made that have caused investor losses (i.e. the 20-F would be filed on time). At some point, these guys can't continue to pretend to be robots, pumping this endlessly while NQ prints 25% of its float without disclosing it, sells its main business for effectively $28 million, etc.

    I mean, can you really just act like you're an idiot and then you're in the clear?
    Dec 20, 2014. 11:41 AM | 7 Likes Like |Link to Comment
  • NQ Mobile: 99 Problems But Printin' Shares Ain't One [View article]
    Great article. If the NYSE read this and actually took its role seriously, NQ would be delisted.
    Nov 18, 2014. 09:20 AM | 2 Likes Like |Link to Comment
  • Missing Pictures Of 21Vianet Group's MNS Ghost Offices [View article]
    Thanks for the advice and sorry for the hostility.
    Sep 16, 2014. 03:50 PM | 2 Likes Like |Link to Comment
  • Missing Pictures Of 21Vianet Group's MNS Ghost Offices [View article]
    Yes, COMF it looks like from your comments you were short NQ when it doubled last summer and long when Muddy Waters demolished it at $22.

    You also sing the praises of blatant NQ pumpers like Toro Investment Partners and Trade Star in your comments.

    Given your NQ experience, the fact that you're supporting another Toro-pumped stock like VNET is seriously absurd.

    The bottom line is your judgment is lacking, and you have no business interjecting yourself to criticize minor issues with Trinity's research.
    Sep 16, 2014. 11:09 AM | 3 Likes Like |Link to Comment
  • 21Vianet Exposer's Bogus Exhibits [View article]
    Get used to it, Trinity. This is the typical fraud rebuttal - make a big deal out of a few minor issues with a report as grounds to invalidate all of the findings.

    Nice work.
    Sep 14, 2014. 10:48 AM | 4 Likes Like |Link to Comment
  • NQ Mobile: Despite 20-F Filing Hype, Nothing Has Changed [View article]
    Knockdiddy has left 9 comments and 5 of them are pumping up Trade Star. Check out the other 4 below...

    Gee, who do you think he is?

    "Trade Star is plainly getting the better of ShihRyanJ in this debate."

    "As Tradestar persuasively pointed out in his previous (it now seems so long ago, sadly) article, auditors don't generally stick around very long if the company its not legit or cooperating." (LOL)

    "Trade Star,
    Nice job looking past all of the rhetoric being flung by both sides and trying to read the tea leaves for all of us. That is what good investors do."

    "I'm guessing that's why you seem so irrationally irritated with Trade Star - because his articles and analysis are largely fact-based, contradict your own beliefs, and neither of you have the skill, background or expertise to effectively and logically respond in kind. "
    Aug 28, 2014. 11:48 AM | 2 Likes Like |Link to Comment
  • NQ Mobile: Despite 20-F Filing Hype, Nothing Has Changed [View article]
    Congrats, Sam....the fact that you made the longs mad means you've called out something important, which in this case is how they are pushing the idea to retail investors that a clean 20-F is imminent when it is not.

    Also, let's review your main critic's (Trade Star) articles.

    Article 1: NQ will be exonerated because their auditor and directors did not resign within 6 weeks of fraud allegations.
    End result: Nine months later PwC, the CFO, and the audit committee chair have each resigned.

    Article 2: Round tripping is a far-fetched conspiracy theory.
    End result: PwC refuses to sign off on 20-F unless they are able to audit NQ's counter parties.

    Article 3: NQ will be bought out.
    End result: Stock continues to trade at a 30% discount to the buyout offer that Trade Star set the expectation for.

    Article 4: NQ's audit committee chair's resignation is no big deal.
    End result: The CFO resigns weeks later.
    Aug 26, 2014. 12:03 PM | 2 Likes Like |Link to Comment
  • NQ Mobile Could Be The Latest Company To Be Acquired Or Taken Private: But At What Price? [View article]
    PwC, two CFOs and the audit committee chair resign in less than a year. Don't worry though, longs....it has nothing to do with NQ's financials.
    Aug 15, 2014. 09:32 AM | 3 Likes Like |Link to Comment
  • Did NQ Mobile Officially Fire PwC? [View article]
    Nice research...what you are raising seems like a possibility, but I doubt PwC will refute NQ's letter because it is in their self-interest for the buck to be passed on to a new auditor and against their self-interest to admit finding wrongdoing.
    Jul 28, 2014. 10:13 AM | Likes Like |Link to Comment
  • NQ Mobile Looks Like A Tasty Short After Running 15% Friday [View article]
    HomerJ,

    I wrote on July 8th about covering my short. I've interacted with enough longs now to know you're delusional enough to run this up to double digits on a few pump piece press releases. Knowing there is 4 months before the audit is due again, what incentive do shorts have by holding anymore?

    It's like a preseason game right now. That means this is the season when delusional longs get over-confident, start believing they're smarter than they are, and drive up the price to the point where the actual smart people want short it again.

    If I didn't hate the thought of making Khan and Mathison a nickel richer, I probably would've gone long.
    Jul 24, 2014. 09:59 AM | 2 Likes Like |Link to Comment
  • NQ Mobile Looks Like A Tasty Short After Running 15% Friday [View article]
    That quote is great. It's should be posted on Matt Mathison's office wall if it isn't already.

    He has also written in the past about how he thinks Chinese ADR's are 30-40% undervalued, and I'm sure you saw today's blog post to "provide assurances to the market" about NQ's auditor change. Sure, why not "provide assurances to the market" as the independent auditor.

    The show will most certainly go on. I'm glad I covered and think it's crazy for people to jump into a new short position here.
    Jul 21, 2014. 08:16 PM | 1 Like Like |Link to Comment
  • NQ Mobile Looks Like A Tasty Short After Running 15% Friday [View article]
    QTR - I appreciate your overall point, but you're risking sounding Giles and Toro-esque with titles like this one.

    Here's a video of Drew Bernstein of Marcum Bernstein calling Muddy Waters a "criminal," "notorious" and "infamous" in a 30 second span: http://bit.ly/1yRY4tU

    Bottom line is its probably not a good idea to tell people to short here if this is NQ's independent auditor.
    Jul 21, 2014. 05:27 PM | 1 Like Like |Link to Comment
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