timezero

Investor Assesses China Techfaith Wireless' Weak Stock Performance (CNTF)

It is really a difficult question to answer considering I was not behind all this sharp drop of CNTF's stock price. Psychologically, you should prepare for the worst that could happen. That is a rule for living in the investment environment. If that does happen, it would be a shopping spree for long-term shareholders. For Chinese stocks, you had better be well prepared for some price manipulation in the short term. That is typical of Chinese stocks. But, for those listed in the US, you will see them jump around its intrinsic value since too further away from the proper value will be corrected comparably quickier in the US market. Let us be patient. If CNTF can live up to its own ambition, shareholders will benefit.