Good move on your part. A year from now folks will come on this board daydreaming about - GOSH IF ONLY I HAD BOUGHT THIS STOCK AT $1 A SHARE.
20/20 hindsight is really really easy !!
Gutsy buying at $1 a share is really hard to do, which is why the gutsy investors who do the tough risky investing are the ones who get the biggest rewards.
Quote from world famous investor WARREN BUFFET -
YOU CANNOT HAVE BIG REWARDS IN THE STOCK MARKET WITHOUT BIG RISK. SMALL RISK ALMOST ALWAYS CORRESPONDS WITH SMALL GAINS AND BIG RISK CORRESPONDS WITH BIG GAINS. YOU CANNOT HAVE BIG GAINS WITH SMALL RISK. IT ALWAYS AMUSES ME WHEN NOVICE INVESTORS WANT BIG GAINS WITH LITTLE OR NO RISK.
Just read an article that said Chinese tech stocks are finally finally finally, coming back into favor on Wall St.
With revenue improvement this stock can hit $10, especially with the real estate revenues coming on line in 4th qtr of this year, and the gaming revenues improving. It won't take too much for Cntf to get back to their normal level of $50 million per qtr from their current $35 -$40 mil per qtr. when they do reach normal revenues of $50 mil per qtr (with all that Real Estate business added), the stock price will return to its previous normal level of $7 a $8 a share, and a very likely $10 a share due to - more cash in the bank than before, more tangible assets in Real Estate, increased gaming revenues, and the added potential windfall of the Samsung lawsuit.
Your constant demands that Cntf give you a dividend or do a stock buyback so you can get $3 a share, is shortsighted. This is a $10 stock and will reach $10 without those things you demand. They aren't needed nor are they wise to do in this uncertain economic environment.
When revenues return to normal (1st qtr 2014), this stock will return to its previous normal stock price of $7 - $8, which is what the stock price was when revenues were at the normal $50 mil per qtr level.
Even with revenues cut nearly in half, Cntf is still adding cash to its balance, so it is quite clear that with gradually improving revenues this company will continue to be a cash monster. In addition to that, the revenue from the 22 Real Estate buildings is scheduled to come on line in this yrsm4 th qtr which will add to the revenue. In addition to that, there is rumored talk out there that Samsung may settle the $400 million lawsuit for $150-$200 million. In addition to that, the CNTF gaming revenue is picking up nicely.
A $10 stock price is not unrealistic, with good revenue improvement.
Your a dunce to call a basher your best buddy on this board when you are a shareholder yourself. that is just plain STUPID AS HELLLL !!!
And everyone on this board is sick and DAMMMM tired of your Nancy Girl whining all the time.
You complain about the Company not doing exactly what you want, you complain about posters who post too much, you complain about not enough posts, you complain about the stock price, you complain that you want to sell, you complain that you are losing money, you complain that the stock isn't at $1.50 so you can get out of CNTF, you complain that you can't buy other stocks, and you complain and bash your own Comapny stock. What a fool !
And the most hilarious thing of all is that you come on a grown up stock messaage board and act like a teen age girlie girl telling other posters how much you think other people "LIKE" you. A grown man that comes on a stock message board trying to be "LIKED" ?? Oh my Gosh !! Are you for real ??
****NEWSFLASH FOR THE TEEN AGE GIRLE GIRL****
You buy a stock and go on stock message boards to make money, not to be "LIKED". What kind of little weenie are you ??
If you want to be "LIKED" go on Facebook and Twitter and text with all the little junior high school kiddies ! You act just like them anyways so you might as well TWITTER with them !
Take off your pink panties and grow a pair !!
Please dont tell me that you come on a stock message board to be "LIKED" ! Holy #$%$ what kind of NANCY boy are you ? Yikes !!
And you list a basher (who is here 24/7 trying to ruin your investment) as your best buddy on this board?
You sir, are a MORON !! Plain and simple ! And a NANCY boy MORON too boot !
Wow what an idiot ! I don't know who is worse on this board - the bashers or the girlie girl Nancy Boy !!
Some of you also may not know that Samsung has a long long long and dubious past record of constant patent infringements, and Samsung just paid a small Company $300 million dollars to settle a case against Samsung, and Samsung was just ordered to,pay Apple $1 Billion dollars in a patent infringement case.
Samsung has a very long and very smelly record as a constant and repeat violator of patents, and that record won't go over very well in a Chinese court !!
In my opinion Samsung has ZERO chance in this lawsuit and they will have to settle this out of Court to avoid what will probably be very severe penalties on their product sales in the country of China, which is their second biggest potential cell phone market. Samsung will not risk losing Billions of dollars of business in China over a mere $200 million dollar legal settlement.
This lawsuit will be settled out of court prior to a decision by the judge, whatever that timetable is (probably late summer or early Fall).
Word on the SAmsung lawsuit is that the lawsuit is for $400 million dollars.
Legal experts say Samsung has no chance of winning it in a Chinese Court and Samsung knows it.
You may have missed the initial press release that announced this lawsuit. It is in "HEADLINES" on Yahoo on the stock quote page if you want to read it. In that press release the Chinese government stated the following-
"WE HAVE TAKEN A PRELIMINARY LOOK AT CNTFs COMPLAINTS IN THIS LAWSUIT AND WE FIND THAT THE CNTF PATENTS ARE LEGAL, ENFORCEABLE, AND FULLY EFFECTIVE IN THIS DISPUTE".
Those statements by a Chinese govt official, are considered by legal experts to be a death knell for Samsungs chances in Court vs CNTF.
As many of you may not know there is huge animosity, a lot of hate, and very very bad feelings between Korea (Samsung is Korean company) and China (Cntf is a Chinese Company). And as most of you know by now, this case will be tried in a Chinese Court sometime late this summer. No Korean Company has won a lawsuit in China in the past 50 years.
The legal opinion on this is that Samsung will settle this case for half the amount of lawsuit ($200 million).
For those of you who think that is a huge amount of money for Samsung and if you are not familiar with Samsung, they made a profit of $7 BILLION dollars last year, so an amount of $200 million to them, is like a nickel to you and me.
Also, the repurcussions to Samsung if they allow this case to go to trial (and they lose), are too overwhelming to contemplate. The penalty for patent infringement in China is that you are foreced to remove all your product from the country. In a spread out huge nation like China, Samsung would have to spend an estimated $150 million to pick up and remove all their product all over the country. In addition to that, Samsung would be
prohibited from any future phone sales in China, which would cost them an estimated $2 BILLION in future sales. Samsung will obviously settle out of Court.
obviously they have the cash or they wouldnt have had the cash to buy the $100 million in real estate they now own !