China Techfaith Wireless Commtn Tech Ltd (CNTF)

[RDG013]

I thought it was tonight? So, that must mean nothing earth shattering coming out of the conference call. Hard to tell where the price goes from here. They still have a ton of cash in hand which gives a book value far above where we are now, but my gut tells me this sinks back down a little bit further for now.

After all the recent volume, maybe this turns back into the weekly flipper it was a couple years ago? Those were good days, with a 10% plus opportunity around every corner.