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NQ Too far too fast

|Includes:NQ Mobile Inc. (NQ)

NQ is the kind of company that scares me.  The company went public on 5/5/11 and opened at 11.50. By 613/11, it was down at 4.02.  Not to mention, I have a hard time trying to figure out what the heck this company does besides it is the mobile security in the China market.  Since then it has rocketed to 7.25, still shy of the IPO debut price.  Well I don't think the company deserves such valuation and am looking for the price to pull back from here in the coming weeks.  Got to short this stock.

Stocks: NQ