cntf should do 5 to 1 reverse split. outstanding shares would be reduced to 10 million.
one big hedge fund can push it to sky.
Beside the fact that SP after reverse splits more often than not go down. There is never a good reason to do a reverse split, only happens when your backs to a corner.
A big hedge fund can push it to sky now W/O a split
You need fundamental reasons to push it to the sky.. for now there are none.