Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So 1 Oct is the big day for the Huajie Petroleum Acquisition
Think they'll stick to it?
Will it cause an appreciable spike in the PPS when it closes?
Is RedChip out to lunch with the $6.20 PPS prediction?
http://www.redchip.com/files/redchipReports/LPH_20110711_HuajiePetroleumNote.pdf
GETTING DESTROYED EVERYDAY!!
WTF is mgt??? Wow!
And how about this possibility?
"SPECIAL ONE TIME DIVIDEND
I believe the management of Techfaith is seriously considering paying shareholders a one time special dividend, similar to what Microsoft (MSFT) did a few years back. This dividend could come as early as August as the company has been letting shareholders get hit by ADR fees every August for the past few years. The CEO owns approximately 17 million shares and IDG owns 5.2 million shares, so the company paying $0.50 - $1.00 per share dividend would greatly benefit these two parties as well as existing and new shareholders. I believe this move is a must for the company and it would give management immediate credibility with all bulls and bears in the stock."
"X-FACTOR:
IDGVC Capital Partners owns 5.2 million shares (9.81% holder) at $1.45. I believe that they have not sold their shares since they were freed up in September 2010. IDG has invested in Baidu (BIDU), Ctrip (CTRP), Dangdang (DANG), Sohu (SOHU), KongZhong Corp (KONG) and Qihoo 360 Technology (QIHU) and the fact they haven't sold a share amidst the reverse merger fraud while having a return of 200% - 500% tells me that CNTF is potentially the next Baidu. Also, Techfaith management has become much more vocal on their relationship with IDG over the past 2 to 3 months. The relationship is stronger than ever, this may be indicative of a special one time dividend coming. So anyone that wants to bet against a company trading at cash with a shareholder like IDG, good luck."
WOW!!
CNTF-Is it possible for management to get some kind of analyst coverage on this stock? Anybody have any idea why there isn't a current rating? Are analysts afraid to touch anything China at the moment? Seems this thing is in serious need of credibility/believabilty and mgt should be pulling out the stops to get some coverage. Just pathetic how low this has been driven with no apparent plan of action (other than CEO buying shares, which is great but...) from management. Maybe the 16 Aug earnings call will give some hope for this thing, with the apparent potential that it has, to get some street cred going and put it on some radars.
Some serious volume at ask (.88) coming in now. Tens of thousands of shares. Could this be the turn?
Whoops we're making a move, thumper the dumper should start up any time now!
Oooh look we're rocking 2 digits, how long can it last!
About 18 secs.
Probably not until this seller stops selling everything he's got for what must certainly be heavy losses (and at extremely inopportune moments for those holding for higher--i.e., every time it looks like some traction's getting gained, here comes dumpy again to rain on the parade). Perhaps margin calls are the cause but until it's done dumping TRID isn't going to make any real move up and may well plumb even lower all-time lows before it turns.
Nice day today, up 8%. Looks like China growth stocks might have bottomed.
Stock Chart had a bullish engulfing candlestick yesterday
but no follow-through today. Maybe we'll get some late buying. Slow Stochastic is in the very oversold area. Need something other than weak hands here but this co needs to give something to hang their hats on.
Nice move on GREAT news. Maybe this one will have another run into what's sure to be some impressive earnings.
CNIT $5.04--China Information Technology Inc. Announces $39.6 Million in Newly Signed Contracts During the Fourth Quarter of 2010
http://finance.yahoo.com/news/China-Information-Technology-prnews-3985529719.html?x=0&.v=1
CNIT $5.04--China Information Technology Inc. Announces $39.6 Million in Newly Signed Contracts During the Fourth Quarter of 2010
http://finance.yahoo.com/news/China-Information-Technology-prnews-3985529719.html?x=0&.v=1
CNIT--Undervalued Chinese IT GIS/SMARTGRID infrastructure play
China Information Technology, Inc.
Profitable company trading at not much above book value. Great 2011 guidance. Won't last too long down here. Recently won $3 million contract.
"Financial Outlook
For fiscal year 2010, the Company reaffirms its guidance with projected revenue in the range of $141 million to $146 million and adjusted net income in the range of $35.5 million to $39.5 million. Additionally, with strong growth momentum and high visibility in its core business, the Company is issuing guidance for the full year 2011 with projected revenue in the range of $165 million to $172 million and adjusted net income in the range of $43 million to $45 million, excluding any non-cash expenses as a result of employee stock awards, amortization of intangible assets associated with acquisitions, and changes in fair value of contingent considerations."
http://finance.yahoo.com/news/China-Information-Technology-prnews-1095927019.html?x=0&.v=1
http://finance.yahoo.com/q/ks?s=CNIT+Key+Statistics
CNIT--Undervalued Chinese IT GIS/SMARTGRID infrastructure play
China Information Technology, Inc.
Profitable company trading at not much above book value. Great 2011 guidance. Won't last too long down here. Recently won $3 million contract.
"Financial Outlook
For fiscal year 2010, the Company reaffirms its guidance with projected revenue in the range of $141 million to $146 million and adjusted net income in the range of $35.5 million to $39.5 million. Additionally, with strong growth momentum and high visibility in its core business, the Company is issuing guidance for the full year 2011 with projected revenue in the range of $165 million to $172 million and adjusted net income in the range of $43 million to $45 million, excluding any non-cash expenses as a result of employee stock awards, amortization of intangible assets associated with acquisitions, and changes in fair value of contingent considerations."
http://finance.yahoo.com/news/China-Information-Technology-prnews-1095927019.html?x=0&.v=1
http://finance.yahoo.com/q/ks?s=CNIT+Key+Statistics
This one has all but been thrown out with all the other dreck. Totally undeserved but the company needs to step up and announce something for crap sake. They're getting reeemed for no good reason.
I'm looking at risk/reward here. IMO this is way-skewed in favor of reward (at this price point) regardless of what you think their prospects are for success in the marketplace. Hell, there's a variety of opinions on that.
Re: ANDS
Eight Oversold Stocks: ANDS, MBR, TOF, IRE, SCIL, ARNA, REVU, and HRG
http://www.smallcapnetwork.com/Eight-Oversold-Stocks-ANDS-MBR-TOF-IRE-SCIL-ARNA-REVU-and-HRG/s/article/view/p/mid/1/id/1013/
Eight Oversold Stocks: ANDS, MBR, TOF, IRE, SCIL, ARNA, REVU, and HRG
http://www.smallcapnetwork.com/Eight-Oversold-Stocks-ANDS-MBR-TOF-IRE-SCIL-ARNA-REVU-and-HRG/s/article/view/p/mid/1/id/1013/
Eight Oversold Stocks: ANDS, MBR, TOF, IRE, SCIL, ARNA, REVU, and HRG
http://www.smallcapnetwork.com/Eight-Oversold-Stocks-ANDS-MBR-TOF-IRE-SCIL-ARNA-REVU-and-HRG/s/article/view/p/mid/1/id/1013/
Eight Oversold Stocks: ANDS, MBR, TOF, IRE, SCIL, ARNA, REVU, and HRG
http://www.smallcapnetwork.com/Eight-Oversold-Stocks-ANDS-MBR-TOF-IRE-SCIL-ARNA-REVU-and-HRG/s/article/view/p/mid/1/id/1013/
RE ANDS --- Piper Jaffray Overweight On Anadys Pharmaceuticals (ANDS)
Piper Jaffray has an Overweight rating on Anadys Pharmaceuticals (NASDAQ: ANDS) to go along with a $3 price target on the company.
http://www.benzinga.com/analyst-ratings/analyst-color/10/11/592825/piper-jaffray-overweight-on-anadys-pharmaceuticals-ands
Stifel Nicolaus reiterated Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS) to Buy with price target $3
http://www.gainerstoday.com/Article-78043
Buy low Sell high.
ANDS
Way oversold.
Canaccord Genuity Maintains a 'Buy' on Anadys Pharmaceuticals (ANDS); Q3/10: HCV Franchise Moves Ahead
http://www.streetinsider.com/Analyst+Comments/Canaccord+Genuity+Maintains+a+Buy+on+Anadys+Pharmaceuticals+%28ANDS%29%3B+Q310%3A+HCV+Franchise+Moves+Ahead/6089320.html
Just got a couple of upgrades.
Just did a stock offering and is flush with 25MM in cash.
The chart's the real thing of beauty.
Do some DD, this thing could really take off from this level.
ANDS
Way oversold.
Canaccord Genuity Maintains a 'Buy' on Anadys Pharmaceuticals (ANDS); Q3/10: HCV Franchise Moves Ahead
http://www.streetinsider.com/Analyst+Comments/Canaccord+Genuity+Maintains+a+Buy+on+Anadys+Pharmaceuticals+%28ANDS%29%3B+Q310%3A+HCV+Franchise+Moves+Ahead/6089320.html
Just got a couple of upgrades
Just did a stock offering and is flush with 25MM in cash.
The chart's the real thing of beauty.
Do some DD, this thing could really take off from this level.
ANDS
Way oversold.
Canaccord Genuity Maintains a 'Buy' on Anadys Pharmaceuticals (ANDS); Q3/10: HCV Franchise Moves Ahead
http://www.streetinsider.com/Analyst+Comments/Canaccord+Genuity+Maintains+a+Buy+on+Anadys+Pharmaceuticals+%28ANDS%29%3B+Q310%3A+HCV+Franchise+Moves+Ahead/6089320.html
Just got a couple of upgrades.
Just did a stock offering and is flush with 25MM in cash.
The chart's the real thing of beauty.
Do some DD, this thing could really take off from this level.