- It was less than a month ago that NQ Mobile's shares (NQ -6.4%) skyrocketed twice - first due to a Q1 guidance hike and FL Mobile investment, then on the release of its special committee's findings. But NQ has fully given back those gains, and then some, as investors continue waiting for NQ's 2013 annual report, along with the financial audit expected to accompany it.
- "The market thinks something is rotten in the state of NQ Mobile," declared SA author Quoth the Raven in a Wednesday column. QTR observed nearly 2 months have passed since NQ stated it wouldn't be able to file its annual report on time, and that short interest remains at sky-high levels.