Respect to you Hedgehunter - you've got QXL absolutely sussed. Its current market cap is absurd based on current profitability and we all know that neither the company nor online auctioning has a future. And the likes of Yahoo, Google, eBay, AOL would never be interested in acquiring an online auction presence in Europe (that would be almost as absurd as eBay paying lets say 700 times gross revenue for skype.... would never happen...)
Now that you've uncovered the QXL scam, I suggest you take out the biggest short you can muster and close it at say £25.....go on, you know it makes sense.....