Qihoo 360 Technology Co. Ltd. (NYSE:QIHU)

CAPS Rating: 1 out of 5

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Player Avatar dwKapital (59.87) Submitted: 7/31/2012 11:26:33 PM : Underperform Start Price: $15.20 QIHU Score: -78.83

This is a Chinese website that offers FREE anti-virus software and a bunch of games common to many other sites. It apparently grows revenues and earnings at exorbitant (and beautiful to look at) rates off of a multitude of link ads. Qihoo 360's founder, Hongyi Zhou, has a history of falsifying financial information. Citron Research and many CAPS community members count this company to be a case of fraud. On top of all of this, it trades at a higher market cap (1.7 Billion) than Renren (Chinese Facebook).

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