just for the record. I own techfaith. a lot of it. yes, i'm not happy with the techfaith leadership over the past two years. the companies performance and subsequent stock price clearly represent their bad decisions. yes, some of the issue is the market and bad press, but u can't escape the fact that the 2013 index for Chinese companies is up over 15% this year, and yet techfaith keeps loosing money. the number don't lie. The street has lost confidence in techfaith. maybe someday techfaith will get their mojo back, but i thing the CEO will need to step down for this to happen. I'll give credit to techfaith when it has been earned.
I have lost a huge part of my IRA in cntf. Never before has so many assets been devalued so rapidly to give the public such a diminished return on an investment. How much of this is tied to capturing the market for the float seems critical to answer if the market is to reflect public worth as it interacts with the key players. It seems clear we need better treatment and even with company officials disregarding us U.S. investors our markets should do everything they can to bring out the best in the company and their efforts to reflect the free flow of money/investments we have made. Otherwise who would believe we stand for anything other than manipulation and out trick the players?
Bill - MattBottzz (who also posts in his other alias names of OBEYCARE and SCROTUM) bashes numerous stocks on numerous boards. He has been booted off some of them by YAHOO. On the NOKIA board he is known as "SCUMBOTTZ". He bashes strictly for entertainment purposes. He is some kind of pervert who enjoys bashing. He has been reported many many times by posters and YAHOO knows all about him !! He admitted on another board that he lost all his money investing and and his family is really pizzzzed off at him, especially his own Mother. He doesnt have any money to invest so he bashes the former stocks he was invested in. Now you know......the rest of the story about our resident #$%$ basher.