Well considering there was no basis for the take down in the first place; an unsubstantiated false rumor started by Muddy Waters on NQ, and NQ regaining from it's deceptively orchestrated fear based take down hit job, FENG should start seeing 15%+ recovery days like NQ. Today would be a nice start,
It may take a while yet before all those who got spooked are willing to get back in. But at some point given the expected Q3 numbers, they will come flooding back and I expect a day or two of 1.25+ days to get back where it belongs. The question is how long will people wait to jump in. I expect as soon as people see it start to move on good volume, they'll be beating the doors to get in!
Because even the best stocks have bad days when those who make their living shorting decide there's been a run up and people are afraid they'll lose their gains. It's completely psychological and has nothing to do with fundamentals. FENG, like KUTV, is a very, very solid and popular small cap internet company with enormous potential ahead.