Muddy Waters On NQ Mobile: If You Believe in Yidatong – ValueWalk Premium
NQ Mobile

Muddy Waters On NQ Mobile: If You Believe in Yidatong

NQ Mobile Inc (ADR) (NYSE:NQ)’s largest purported source of revenue, Yidatong (“YDT”), is controlled by NQ, and its primary purpose is facilitating NQ’s fraud.

NQ Mobile

Believing NQ Mobile Inc (ADR) (NYSE:NQ)’s narrative of YDT — that YDT is an independent company annually facilitating billing of approximately $35 million for a variety of developers — at this point requires investors to suspend reason.  If the following does not convince an investor that NQ’s YDT narrative is fabricated, then the investor is either too emotionally invested in the stock, or is gullible enough to still believe in Santa Claus.

Muddy Waters On NQ Mobile

LEAVE A COMMENT


X
Saved Articles
X
TextTExtLInkTextTExtLInk

Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds. 📈

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

Sign up now. 👇

CLICK HERE TO TRY IT OUT

 

0