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Dantes_Will

Dantes_Will
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  • Amazon now -10.3% AH; CC touches on losses, AWS, video spend [View news story]
    I'll give Amazon about a year or two max before investors start to abandon the company in droves, tank the share price and force Bezos to divest his money burning pet side projects.

    Hell, the Fire Phone is pretty much DOA, so that'll take care of itself, at least.

    Jul 24 10:07 PM | 2 Likes Like |Link to Comment
  • Apple Stabs BlackBerry In The Heart [View article]
    There is enough space for Apple and BBRY to both thrive in the enterprise and government markets.

    BBRY will continue to be used by foreign governments like Germany simply because BBRY is Canadian, and is not tainted by US's perceived spying problem.

    The loser in the corporate market will be fragmented and unsecure Android. Samsung is already thinking of abandoning Knox due to poor interest.
    Jul 23 10:53 PM | Likes Like |Link to Comment
  • NQ Mobile Slammed As It Dumps Its Auditor [View article]
    "Question is how big are those figures and how adverse would it be on future P&L?"

    I wish I knew that. I'd be placing some major wagers if I did.

    Thing is, Yidatong is only one of several 'subsidiaries' used by NQ to funnel money around. We have no idea what NQ's real revenues, margins, etc are. Nearly everything that's come out of NQ has been a lie. From their revenue numbers, to their 70%, corrected to 60%, corrected to 40% security software market share claims.

    I don't know about the true valuation of the company, as they do have some real sales, however minuscule. But what does it matter when the company is inevitably be delisted due to fraud? Both Longs and shorts are just purely gambling here and it's possible that both sides get wiped out eventually ala CYNK.
    Jul 18 12:50 PM | 2 Likes Like |Link to Comment
  • NQ Mobile Slammed As It Dumps Its Auditor [View article]
    With this many uninformed gamblers playing around on NQ, I wouldn't day trade this with your money. Short or Long.
    Jul 18 12:04 PM | Likes Like |Link to Comment
  • NQ Mobile Slammed As It Dumps Its Auditor [View article]
    PwC is very well aware of Yidatong and the grey area which it operates, which is why they are covering their butts and requesting additional disclosure from NQ.

    1) China's laws regarding shell corporations and money laundering are extremely vauge and essentially unenforced. PwC did what every other auditor does in China - allow the back door to exist because proving fraud and prosecuting fraud is pretty much non existent over there.

    2) PwC's insights and knowledge of Yidatong is why they are digging deeper and requesting for more data. PwC knows Yidatong and NQ have been laundering money back and forth and knows letting this slide will gravely damage PwC's reputation and cost them in lawsuits.
    Jul 18 11:48 AM | 1 Like Like |Link to Comment
  • NQ Mobile Slammed As It Dumps Its Auditor [View article]
    14195192

    Yidatong as a "3rd party"

    "You keep using that word. I do not think it means what you think it means."

    By your logic, the US would never be able to prosecute Shell corporations and other money laundering schemes.

    YIDATONG was created by one of the founders of NQ to serve as a shell corporation to funnel loaned money to NQ guised as profit. Yidatong has virtually no sales of its own, but somehow spends millions to "purchase" non existent software and services from NQ.

    To call yidatong a separate "3rd party" entity is naive at best, dishonest at worst.
    Jul 18 11:00 AM | 1 Like Like |Link to Comment
  • NQ Mobile Slammed As It Dumps Its Auditor [View article]
    "This should be a lesson learned, but as past frauds have shown and future frauds will show (wait and see), there will always be a group in denial, demonstrably incompetent, and wholly dishonest about the reality."

    Take a look at this message board as an example of investor denial and delusion. There are posters here that demonstrate a complete lack of understanding of what they're invested in.

    The psychology of these people is:
    1) Read about some hot speculative stock
    2) Invest in speculative stock without understanding the situation nor full DD
    3) Now already invested, look for any confirmation bias for NQ and completely ignore any data to the contrary
    4) Become dejected and sad as the stock plummets as more information is revealed on the fraud. Information that the bag holder never takes seriously.
    5) Let bitterness fester. Lash out at anyone mentioning anything negative on NQ. Up vote anyone who says anything positive on NQ, even though you have no idea what they're talking about.
    6) NQ mobile goes bust. Bag holders blame short sellers, PwC anyone but themselves for doing no DD and buying into the NQ.
    Jul 18 10:00 AM | 6 Likes Like |Link to Comment
  • NQ Mobile Slammed As It Dumps Its Auditor [View article]
    qrc3288

    You are correct. Yidatong is the key to the investigation and why NQ is hiding this data.

    NQ mobile essentially set up several shell corporations to take out large state loans and funnel the loaned $$ back to NQ mobile, disguised as sales.

    Giving up Yidatong financial data would reveal the scheme of "loaned money disguised as profits." NQ knows this better than anyone else.

    NQ is just stalling & buying time, hoping to dump shares onto kids like Mosbear before everything unravels.
    Jul 18 09:40 AM | 2 Likes Like |Link to Comment
  • NQ Mobile Slammed As It Dumps Its Auditor [View article]
    "@LT-Investor - how on earth does your statement have 7 people clicking "Like?"?!?!!"

    Easy to figure out the investor psychology. People stuck in NQ mobile are very desperate and will try to upvote any post with a positive bias.

    Take a look at Mosbears accounting example. It's obvious the guy has no idea what he's talking about, yet 5 desperate NQ bag holders thinks he's actually correct without even understanding the situation.
    Jul 18 09:27 AM | 4 Likes Like |Link to Comment
  • Google reportedly committing up to $500M to challenge Amazon [View news story]
    racchole - You're talking about different things here. If you are speaking for the good of US innovation and just want to support 'merica, then grab an index fund or buy some BDC's. The rest of us are talking specifically about GOOG stock as an investment.
    Jul 7 01:53 PM | 4 Likes Like |Link to Comment
  • Google reportedly committing up to $500M to challenge Amazon [View news story]
    Innovation is great, but Google and Amazon are spreading themselves thin with too many money burning side projects that will not be profitable in this decade. And many of these side projects provide little to no synergy to their core business.

    All it takes is a slight decline in your core business and all of a sudden, these side projects turn from "future potential" into cash burning & margin killing tumors that will need to be divested.

    This is a lesson well learned from other tech giants like Cisco & IBM that suffered a downturn in their core business, & were forced to divest much of their non core business projects & assets without ever realizing any profits or benefits.
    Jul 7 11:58 AM | 8 Likes Like |Link to Comment
  • U.S. grounds the F-35 [View news story]
    It's getting harder to justify the F-35 over the cost of drones and other pilotless vehicles.

    Besides, the future of national defense is cybersecurity. Traditional weapons are useless when the Chinese or Russians can infiltrate and shut down our utility, energy, and financial infrastructures.
    Jul 4 11:05 AM | 12 Likes Like |Link to Comment
  • Apple iOS Vs. Android: The Wealth Of Ecosystems [View article]
    As I've said before. The only reason Android dominates sales market share is because the vast majority of the developing world is still using feature phones. Cheap Android clones are able to grab market share from feature phones at a much faster rate than the more expensive iOS devices. But as you move up the food chain, iOS steals, and retains, Android users.

    Android steals feature phone customers, and iOS steals and retains Android customers. This is the profit food chain. This is why Apple is able to capture the VAST majority of smartphone profits while Droid manufacturers struggle to turn a profit despite their volume.

    iOS poaching Android customers will only accelerate as iOS gains market share in developing economies.

    On top of that, Android is becoming more fractured by Amazon and even Microsoft is coming out with their own Android that steers their customers towards Windows/Bing/WindowsApps. Samsung is heavily backing their own Tizen OS to replace Droid in Asian markets. Why give all that profit to Google when Samsung can generate their own revenue from Baidu and their own app store.

    Google sees the writing on the wall for Android fracturing, which is why they have invested so heavily on ChromeOS, as a safety, in case Android becomes completely fractured by every OEM that touches it and cripples its 'universal' usability and developer appeal.
    Jun 30 12:05 PM | 3 Likes Like |Link to Comment
  • Myths Of Apple's iPhone Market Share [View article]
    What Mark really means to say, that he couldn't quite figure out, is that Android phones gains market share from feature phones faster than Apple. But a little further up the food chain, iOS gains market share from Android users and retains them.

    Feature Phones are losing customers to cheap Android clones who are losing customers to iOS. That's the food chain. That's why Apple captures the vast majority of the smartphone profits at the top of the chain. Mark's view of market share is simplistic at best.
    Jun 24 10:51 AM | 7 Likes Like |Link to Comment
  • Myths Of Apple's iPhone Market Share [View article]
    You should read a few other Mark Hibben articles. Plenty of false comparisons and strawmen when he tries to bash a stock.

    What Mark really means to say, that he couldn't quite figure out, is that Android phones gains market share from feature phones faster than Apple. But a little further up the food chain, iOS gains market share from Android users and retains them.

    Feature Phones are losing customers to cheap Android clones who are losing customers to iOS. That's the food chain. That's why Apple captures the vast majority of the smartphone profits at the top of the chain. Mark's view of market share is simplistic at best.
    Jun 24 10:38 AM | 14 Likes Like |Link to Comment
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