We couldn’t help but notice there has been a significant effort to start a Buzz on NQ Mobile Inc. (NYSE: NQ) – and not everybody believes it is real. I am not necessarily agreeing that it is manufactured, but take a look at this from StockTwits.com on NQ:
So they see the action on the stock as possibly being manipulated by some members they threw out. Again, the stock does not appear to me to be manipulated. I do believe some were interested in moving the stock and brought in promoters who thought they could use StockTwits in their efforts – and, of course, were ousted.
The problem here is that there appears to be no real people on Twitter really interested in NQ. By real people I mean those that appear to be discussing or interested in the stock. Let’s look at some of the Buzz here form what appear to be real people. Again – I am skipping the robo posts. I am skipping chart guys and site guys who may have been brought in by somebody. Let’s see how real the interest is here.
Here’s that Buzz:
YES – this is a charter, but he has a valid point:
$NQ Daily upgades strong pos > 4416.75; Sept H just above 4441.75-4445.25, next accelerator > 4452.50; back fills Aug 20 failure to 4484.50
— RogerV (@RVchartchatter) October 17, 2015
And this from him, too:
$NQ 60m see if H/S sticks ; neckline 4403.25 to firm
— RogerV (@RVchartchatter) October 16, 2015
StockTalk has this Thursday:
$NQ nice close from 3.96 menion
— StockTalk (@bman_alerts) October 16, 2015
Moments ago we saw this site guy come out AGAINST NQ, dropping it frokm his “daily long watch list.” I am sure NQ is “devastated.”
— Trade Followers (@_TradeFollowers) October 18, 2015
There is no real Buzz here. Everything here is manufactured at best.