NQ Mobile (NQ)

Sludge

UPDATE:  PER EARLIER ARTICLES, Price targets will be re-evaluated after the 2014 Qs are filed.

  • started trading NQ in March 2014
  • initiated a buy late June 2014 with December 2015 price targets
    • low $25
    • high $45 to $60

The Good, the Bad, and the Sludge!

  • Good
    • August 2014 – CEO stated 2014 revenues should reach $350 million and  2015 should reach $500 million
  • Bad
    • Late 20f with expected filing in November 2014
  • Sludge
    • Muddy Waters and shorts are still awaiting fraud to be proven or the 20f not filed on time with the extension

Charts

Company Website

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Sifting through the sludge, to find better investments.

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