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  • NQ Mobile Is Oversold [View article]
    ["So you sold your holdings somewhere in that rally up to $22 but you continue to tell other longs on your forum that NQ is a great investment and should be worth somewhere close to the MW attack."]

    Another thing you can't substantiate. This is getting tiring.

    Just like many, I was disappointed with the earnings miss. However, I don't think that warranted such a mega selloff back to $10. Which is why I wrote the article. Non-GAAP is still decent and there are scores of companies that are assessed on non-GAAP.

    ["Non-gaap income excludes the on time charge you mentioned, so the EPS miss is due solely to a decrease in operating efficiency."]

    I'm not sure efficiency comes into it (it's lower margin business growing faster), and you use GAAP and non-GAAP whenever one suits you best. You use non-GAAP to claim that the one-off expenses are irrelevant and then GAAP to rile about stock issue and SBC. You can't have it both ways.

    And yes, the are some issues, which I actually mention in the article. And three articles in two years can't keep up with the way I'm in and out in certain stocks, certainly the more volatile ones like some of the solars or NQ. Trading doesn't necessarily reflect fundamental views, but SA articles don't capture trading, I wouldn't get anything published.

    ["Why is NQ holding onto 200M in cash, including all of the cash raised in the recent convertible bond offering, while using mostly stock to acquire assets? Does this make any sense?"]

    I don't know, I'm not an accountant, but it's not unusual to issue shares to acquire companies and the cash was earning returns before MW in term deposits, dislodging them incurred cost. And you guys can't have it both way, preserving cash makes sense now negative cashflow is supposedly a big problem (which might or might not be true, again, I'm not an accountant, I would be worried if it became bigger and lasted for years, but now I think it's mostly a byproduct of the fast growth). You might also recall that I wasn't entirely convinced with the convertible.

    ["And just like how I quit your forum due to the excessive bs, I'm going to quit commenting on this article because it's going nowhere, with none of the substantive critiques being addressed."]

    You'll be greatly missed, especially those parts where you make passionate accusations that minimal DD immediately invalidates. I simply have a different opinion on NQ, I'm not sure why that's such a big deal. I see the issues, I simply don't think they necessarily spell gloom and doom, but, just like anyone else, I can be wrong. No need to make this personal.
    Apr 17 08:09 PM | Likes Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    Kev, this is starting to be rather ridiculous, in fact it already is..

    ["Then let's be transparent. Did you ever have a long position in NQ, if so, when did you enter the position and when did you unwind?"]

    A REALLY simple search would have revealed (I mean, I wrote the grand total of three articles on NQ in two years):
    http://bit.ly/1bLiSLj
    And earlier:
    http://bit.ly/1aohNm2

    See the disclosures there? Now, that wasn't too hard, was it? You could at least do a minimum of DD before you start pointing fingers, and read ALL of the disclosure, not just the part that suits your agenda..
    Apr 17 02:53 PM | 1 Like Like |Link to Comment
  • New Yingli Fund Evokes Shades Of Suntech [View article]
    ["ot surprisingly, the fund will mostly build solar power plants in China using panels supplied by Yingli. If any industry watchers are getting a sense of deja vu after reading all this, it's because the now-bankrupt Suntech did something quite similar back when it was still an industry leader."]

    This is really dubious stuff.
    1. Guilt by association
    2. Solar power plants is a market that is only recently emerging in China and this had little, if anything to do with STP's demise
    3. The market itself is very promising, even despite possible slower movement. It's a more stable business usually generating higher, more visible returns. It's what made FSLR great in the US.
    Apr 17 01:31 PM | 2 Likes Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    ["Perhaps he's compensated by these companies to write on their behalf?"]

    Yes, throw in a few innuendo's, forgetting the fact that the disclosure I signed says that I'm not compensated by anybody for writing these articles (standard SA policy, you might have known if you would write articles yourself) and it also says I might open long positions in the next 72 hours, so you simply don't know what my position is.
    Apr 17 12:06 PM | 1 Like Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    ["Re: "stalking" you, that cracked me up."]

    Let readers check for themselves, starting from your very first comment:
    http://bit.ly/1qPiZty

    One will see soon enough that a rather amazing amount of comments are either directly at SHU or about SHU, even more amazing as I rarely respond.

    Not so easy here to hide behind a multitude of ID's, like elsewhere..

    I guess one hasn't really arrived on SA without one's personal stalker..

    ["because I usually take positions opposite to what you are promoting"]

    Uhmm, we don't really know what your positions are, now do we? which is sort of funny as you keep on ranting about me..
    Apr 17 12:04 PM | 2 Likes Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    Read the disclosure, you have some repeated trouble with that.

    ["Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in NQ over the next 72 hours."]

    ["I have no positions in any stocks mentioned, but may initiate a long position in JKS, over the next 72 hours"]
    http://seekingalpha.co...

    Etc. Etc.

    ManU?? That article was about another club altogether. You seem to have some comprehension problems.

    By the way, while there indeed isn't anything wrong with writing about stocks one doesn't own at the time (you should try it, at least once, if you can) there is something inherently wrong with stalking people. I guess it comes with the territory..
    Apr 16 11:05 PM | 4 Likes Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    ["@author, , what yours real name? at least we know who carson block is, who are you? who are you? message me your #, and we can talk, until then don't try to convince people of sorcery when your hiding in the shadows"]

    Hilarious stuff coming from....

    Euhh..
    Apr 16 05:03 PM | 4 Likes Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    Thanks. Let us get past the audits first, although even the critics seem to think these will come up clean.

    Without anything remotely resembling a smoking gun, they have toned down their criticism from "80% of revenues are fake" to "margins are declining"' or "CCTV has failed to take some video down"

    That's also mildly reassuring :)
    Apr 16 04:11 PM | 4 Likes Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    I wrote when it was at $10, keep that in mind.. I don't really see much downside from there, bar an audit problem or some other disaster.

    1) No. It's one-off circumstances + a shift to lower margin business (at least for now)

    2) I'm not a mind reader but like I said, for me it's mildly reassuring as we don't know whether they shorted at the moment they signed the papers. That's what I said and you again twist my words (a bit, but it's getting tiring, mildly).

    You have a different opinion. No problemo, it's what makes a market. But try to represent mine in a slightly more accurate way please.
    Apr 16 03:30 PM | 1 Like Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    Yes, they can do as they see fit, basically.

    ["And I don't think you can find a bunch of people arguing that Tesla is severely undervalued, like ShareholdersUnite is arguing on behalf of NQ."]

    Where do I say "severely" undervalued? You keep reading stuff that isn't actually there.
    Apr 16 02:19 PM | 1 Like Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    ["I haven't researched this company exhaustively, but it seems to me that for a company that was supposedly focused on Android mobile security, a nearly limitless addressable market"]

    With all respect, a little more research would have revealed that Android security is a near commodity business. NQ itself is shifting from subscription to ad based with their Android security.
    Apr 16 01:41 PM | 3 Likes Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    ["Are they keeping the shares or selling it on the open market? If they shares are locked up for 3 years, that would be credible, but I don't think such clauses exist in the purchase."]

    The fact that they accept shares at all is reassuring, even if only mildly so. The volatility is such that they can be 20% less in a matter of hours.
    Apr 16 01:39 PM | 1 Like Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    ["I know ShareholdersUnite will say that the acquired company would like to share the upside"]

    Well, then you know more than me as that's not something I've ever argued. It's not unusual for acquisitions to be paid at least partly in shares. It's also mildly reassuring that other companies are willing to accept shares from a company accused of being a 'massive fraud.'
    Apr 16 01:12 PM | 3 Likes Like |Link to Comment
  • NQ Mobile Is Oversold [View article]
    Yes, the early Toro articles showed quite comprehensively that the MW article was written in bad faith. Nevertheless, even without anything remotely like a smoking gun, MW cleverly shifted the burden of proof onto NQ and has raised the requirements for them to fulfill.
    Apr 16 09:24 AM | 3 Likes Like |Link to Comment
  • Sphere 3D: Investors Falling For The Same Old Tricks, Fair Value Is Zero [View article]
    Have no beef in this but yes, since V3 is a real company and given the following:

    ["Sphere 3D's ground-breaking work in virtualizing and delivering applications coupled with V3's high-performance virtual desktops and management tools will create a new product category within the end user computing industry," said V3 Systems' CEO Ric Lindstrom. "Bringing together the two technologies will provide a true contextual desktop and application experience. We expect this combination will offer a very compelling solution to customers in sectors such as financial services, government, education, and healthcare."]
    http://yhoo.it/1gxR8Lb

    and since V3 was acquired for $9.8M, $4M in cash and 1M+ shares, they basically have to be in on the con. Given the customer testimonials, how likely is that?

    They (the V3 people) would also know whether the (Sphere 3D) tech is real and it's difficult to imagine they would want to be taken over, much less be paid in shares. There are other parties that have vetted the technology, like Frost and Sullivan.

    So much for the Microsoft buying another word processor. From the V3 CEO's description, the products are complementary rather than substitutes.
    Apr 14 05:57 PM | 2 Likes Like |Link to Comment
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