Ok so actual facts and information please people. Why did this go down and if what ya'll are saying, "this always happens to CNTF it will go back to higher levels in future months like how it has played in the past" then isn't the current price a steal for the upcoming months? Just got onto this stock so just want some insight from those who have been here for a while.
Positives: Volume and rise brought in new money so likely more holders at higher levels to counter traders trying the endless game of pump and dump with algorithmic programs or just market maker endless take downs as soon as volume dries up.
More going for it in many years per their reports and potential any day announcement like capitalizing on their game patents etc. sold to others or settlement of patent infringement?
Negatives Company seems unwilling to maintain investor interest and sides with manipulators by not buying back and looking to prioritize profit at reduced rev. level as new products roll out.
Real Estate could provide years of qt. to qt. earnings improvements as completed buildings come on line.
Just my opinion but our market makers and traders have very sour relations or regard for a fairly traded stock and price. China has been treated like trash for long time and with enough investors coming back that could change as they counter the cheap tricks of pump and dump and algorithmic programs some of which may be intra acct. trading or naked shorting.