Does Muddy Waters take positions before its calls ?

Discussion in 'Trading' started by trade2live, Oct 25, 2013.

  1. m22au

    m22au

    And now NQ Mobile's auditor has resigned:
    http://www.bloomberg.com/news/2014-...-32-percent-as-audit-panel-heads-resigns.html

    Another success for Muddy Waters.
     
    #41     Jul 6, 2014
  2. m22au

    m22au

    Last edited: Nov 1, 2015
    #42     Nov 1, 2015
  3. m22au

    m22au

    I just checked, and NQ is still not on the list (http://www.muddywatersresearch.com/track-record/). However since the report was published about 2 years ago, NQ has been plagued by concerns over its accounting, including delays in filing its 20-F, and the resignation of its auditor.

    On 23 October 2013, NQ stock closed at $22.88. It then reached an intraday low of $7.58 on 28 October 2013.

    On 30 October 2015, NQ stock closed at $3.86.

    .
     
    #43     Nov 1, 2015