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!!
