Longbow Discloses And Quickly Sells 8% Stake In NQ Mobile – ValueWalk Premium
NQ Mobile

Longbow Discloses And Quickly Sells 8% Stake In NQ Mobile

Longbow Securities revealed that it acquired an 8% stake in NQ Mobile Inc (ADR) (NYSE:NQ), the firm that Muddy Waters accused of massive fraud just six days ago, and then filed another report with the SEC that it had already sold off its position, basically making a quick buck on a recovering stock, reports Agustino Fontevecchia for

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