Does Muddy Waters take positions before its calls ?

Successful track record? They managed to ruin the reputation of FMCN and nothing else. The markets move on gossip and if you have these guys spewing lies to drive down prices, of course you rather privatize.
So where's NQ on that list, I'm sure they made millions with that fabricated "report" - 'oops, our bad'. They don't care if these companies are frauds or not, if they had the muscle then they'd generate a report on GE but obviously they don't.

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.
 
Successful track record? They managed to ruin the reputation of FMCN and nothing else. The markets move on gossip and if you have these guys spewing lies to drive down prices, of course you rather privatize.
So where's NQ on that list, I'm sure they made millions with that fabricated "report" - 'oops, our bad'. They don't care if these companies are frauds or not, if they had the muscle then they'd generate a report on GE but obviously they don't.

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.

.
 
Back
Top