Xinde Technology Company (fka WTFS)

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The main issues that feeds on itself is the fact the promo failed dropping the stock price from the .70 range three months ago to now less than .07. This left a lot of bag holders which naturally puts downward pressure on the stock on any rise in price or panic in he market. The company happens to be Chinese company which are well hated which taints investors buying into this company with a declining stock price. The Q should be released soon but with no PR in a month and no transparency the stock price is a falling knife.
As long as the Q comes out before the end of the month and it contains positive earnings and shiny forecast I have no doubt the stock will pop in price and buyers come rushing back.
IMO this stock should be back to .70 range at least. Realistically the stock price can move to at least over .14 again on solid financials.