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  • NQ Mobile Facts

    NQ Mobile Facts

    No doubt many investors have been paying close attention now to the allegations made by Muddy Waters LLC concerning NQ Mobile (NQ). My goal is simply to present facts about NQ Mobile also known as NetQin.

    Real Product

    I have downloaded the NQ Mobile Security Android app. The application allows for a variety of options including Speed up Your Phone, Scan, Anti-spam, Account Protection, App Manager, Anti-eavesdropping, NQ Vault, Easy Finder, Backup Contacts, and Advanced Tools.

    (click to enlarge)

    (click to enlarge)

    After clicking on the Scan option you will see the Scan screen. From here users can perform a Quick Scan or Full Scan, but once you click on Update Virus Database you are presented with the second screen. It asks you to pay for the service. The service costs $2.99 per month. Additional discounts are also available for longer terms.

    I also investigated the application using the Eclipse android developer tool. Application signatures indicate the application has been built using the Smartface App Studio. It is a development tool allowing applications developers to easily develop a single mobile application codebase that can be run across several mobile platforms. It currently allows for mobile application deployment to iOS, Android, and soon Windows Mobile.

    Job Listings

    NQ mobile is hiring for a wide variety of positions using an employment site Hirede for enterprise customers. Many jobs available at NetQin can be seen at Hirede. Like many large software companies they maintain a hiring website listing NetQin careers.

    (click to enlarge)

    The site also contains information regarding their campus recruitment program.

    Website

    The first website most people will investigate is NQ Mobile's US site. Proudly at the bottom of the site you will see the site is "Made in Dallas, TX"

    (click to enlarge)

    A quick nslookup from your computer shows nq.com resolves to the IP address 107.21.237.159. Then using an IP address locator tool like Iplocation you can see where this address is located.

    107.21.237.159

    United States

    Virginia

    Ashburn

    Amazon.com Inc.

    This is the location of Amazon's AWS data-center in N. Virginia also known as US-East. Many companies including the one I work for have opted to run their entire architecture on AWS, since it significantly cuts down on costs. It seems totally plausible for a Chinese company trying to establish a toe-hold in the US market to rent out AWS servers for a small but growing US site.

    NetQin also operates a Chinese facing site. You may have to enable the language translation tool in your browser to read it. Using the process above cn.nq.com resolves to 211.151.74.187

    211.151.74.187

    China

    Beijing

    Beijing

    21vianet CHINA Inc.

    Feel free to browse this extensive corporate website. Another subdomain you may find interesting is there virus site. Here they list information on viruses affecting different mobile environments. It includes virus names, warning levels, and discovery times. When you click on a virus name you can see all the virus analysis.

    (click to enlarge)

    Large Institutional Investors

    NetQin has managed to secure investments from some of the largest names in the institutional investor world. SEC Form 13G investors include SAC Capital, Qualcomm, Keane Capital Management, and Sequoia Capital China Partners Fund.

    (click to enlarge)

    Sequoia Capital for those not familiar is one of the most prestigious American VC firms with headquarters in Menlo Park, CA. They have invested in companies like Airbnb, Apple, Aruba Networks, Google, YouTube, PayPal, Instagram, Medallia, Meraki, Cisco Systems, Oracle, Electronic Arts, TuneIn, Yahoo!, NVIDIA, Lattice Engines, Navigenics, Cotendo, Atari, Ameritox, Kayak, Meebo, Admob, Knowlarity Communications, Zappos, Seculert,Green Dot, LinkedIn, and Skyscanner. In 2007 they started a fund in China called Sequoia Capital China Growth Fund I

    Closing

    I hope you will find this analysis of NetQin useful when evaluating their potential. My goal is simply to provide hard facts which will allow you to arrive at your own conclusions. However it is my belief a majority of this information points to a legitimate Chinese software company trying to expand into the US market and secure US investment.

    Disclosure: I am long NQ. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

    Tags: NQ, long-ideas
    Nov 11 5:22 AM | Link | 2 Comments
  • Sailing With The Winds Of Alternative Energy

    Thanks to the overwhelming success of TSLA, Elon Musk's other company SCTY has seen it's stock price significantly increase over the past month.

    Technical Analysis

    There has been a large amount of volatility in alternative energy stocks. Looking at this chart, these stocks have seen staggering percentage gains in price in the past 5 days. The shake up by Ben Bernanke on Wednesday, cause a nice price drip, but you can already seen as of Friday, these stocks are all trading up again.

    Given a large increase in volume of trading, these stocks have the potential in the next days to trade with some tight spreads allowing for a large amount of volatility.

    (click to enlarge)Price % Change over 5 days

    ycharts.com/companies/BLDP/chart#series=type%3Acompany%2Cid%3ABLDP%2Ccalc%3Aprice%2C%2Ctype%3Acompany%2Cid%3ACPST%2Ccalc%3Aprice%2C%2Ctype%3Acompany%2Cid%3ACSIQ%2Ccalc%3Aprice%2C%2Ctype%3Acompany%2Cid%3APLUG%2Ccalc%3Aprice%2C%2Ctype%3Acompany%2Cid%3AYGE%2Ccalc%3Aprice%2C%2Cid%3AFCEL%2Ctype%3Acompany%2Ccalc%3Aprice%2C%2Cid%3ASCTY%2Ctype%3Acompany%2Ccalc%3Aprice%2C%2Cid%3Arsi%2Ctype%3Aindicator%2Ccalc%3A&format=indexed&recessions=false&zoom=5d&startDate=&endDate=

    (click to enlarge)Volume % Change over 5 days

    ycharts.com/companies/BLDP/chart#series=type%3Acompany%2Cid%3ABLDP%2Ccalc%3Avolume%2C%2Ctype%3Acompany%2Cid%3ACPST%2Ccalc%3Avolume%2C%2Ctype%3Acompany%2Cid%3ACSIQ%2Ccalc%3Avolume%2C%2Ctype%3Acompany%2Cid%3APLUG%2Ccalc%3Avolume%2C%2Ctype%3Acompany%2Cid%3AYGE%2Ccalc%3Avolume%2C%2Cid%3AFCEL%2Ctype%3Acompany%2Ccalc%3Avolume%2C%2Cid%3ASCTY%2Ctype%3Acompany%2Ccalc%3Avolume&format=indexed&recessions=false&zoom=5d&startDate=&endDate=

    The Wild Card

    Elon Musk will make an announcement this week regarding the Telsa Supercharger stations. Given that this news is favorable expect to a see a nice rise in alternative energy stocks. Also PLUG has an earnings call this week.

    Options

    www.google.com/finance/option_chain

    www.google.com/finance/option_chain

    Looking at the options chain for SCTY and FCEL people are betting on the price movements, so look for fast moving prices.

    The other stocks to include are CSIQ, UEC, CPST, and BLDP. Look for all of them to experience large movement this week on the tailwinds of that big announcement just in time for the summer uptick in power usage.

    Disclosure: I am long UEC, CPST, PLUG, BLDP, FCEL.

    May 28 10:59 AM | Link | Comment!
  • Trading Out Of The Greek Downturn With NBG

    National Bank of Greece (NBG) has just approved a private recapitalization plan and acquired FBBank, a smaller greek bank.

    Technical Analysis

    (click to enlarge)10 day snapshot of NBG

    The black line is the 5 day price history. The 5 day price trendline shows nice upward trending growth. The green line shows trading for only this week. You will notice the trend is accelerating at a good clip. The trading volume has been significant for a week. RSI is currently above 50, but not above 80 where it starts to overheat a bit.

    Other Options

    In addition to NBG, SAN is also having nice price and volume growth. Look to these 2 stocks as options for trading out of the Downturn.

    Disclosure: I am long NBG.

    May 15 12:12 PM | Link | Comment!
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