CBT_58 is me.. and FLEA_ has had vengeance over me :):)since I am bullish and been a good advocate for CNTF, through up and down time.
How can I not? Company is trading below CASH/Book Value, whatever you call it, and they have TALENTS, and now they generate good demanding products for the HOT mobile market place.
Nothing wrong with taking some $ off the table. Just a matter of what your stomach can take come time for the Financials to be reported.
So far there have been no indications of a bad quarter. Could be a nice pop on Tuesday morning.
I can not believe you has sold it. CBT, I thought you are very bullish on CNTF. It is time to accmulate the stock, not to sell since CNTF is in the very early stage of uptrend. One year or two years from now, you will see the stock price will be much, much higher from current price due to growth of 3G and online gaming business. There was a research report talked about 26% growth for both business nex few years. CNTF is in right business and has prepared itself for big growth. It alway requires patient to get big return. Myself is also learning the lesson. It took a while for the stock to reach $1.75. I run out patient and sold most of my holdings at $1.75. After I sold the stock, I went to search for other stocks to invest, at the end I came back to CNTF since I can not find any stocks better than CNTF in terms of "both potential growth and value". The more I look at CNTF, the more I like this stock. I has double and triple my positions, but bought back at higher price: $2.2, $2.42 and $2.5. Well, when I bought back $2.5, it seems expensive. However, it will not be expensive if you know this stock will go $10 to $20 in one to two years.
This CBT_58 is still very bullist on CNTF, especially with GAMING on board now.. I've been in GRRF and this CNTF, for the same reason, that 3G and pre-4G is in FULL FORCE acceptance. Their smart business should be picked up nicely as well.
That cbt_ is FLEA_ in disguise. Such coward, by going around with all the aliases (YAHOO warned him, I've heard).
Stock still trades under BOOK and CASH value, so I've been accumulating. I follow the trend since this is LOW FLOAT for trading and hedge funds were in charge... NOT ANY MORE now, going into earning and GAMING release.
I think a little the same. But then not. My position equals the value of debt in my house right now, so I have played with the though of selling and be debt-free. But I came to like this stock. Im long and stay long. To much potential here to back out.