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China Techfaith Wireless Communication Technology Limited Message Board

  • albeeguy albeeguy Aug 19, 2013 5:40 PM Flag

    WEDGE PARTNERS RELEASES THEIR "unofficial" CNTF target price of $6 a share !!

    They stated today that they believe "cntf should be trading at a much higher price and at cash value and perhaps even a slight premium to cash value"
    they also said "from our own research we are certain cntf does have the cash balance they say they do and their patent claim lawsuit vs samsung, their mobile gaming business and their real estate ventures are very impressive to us and we think will be dramatically accretive to share value in the near future."

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