CNTF

[Richard]

Still on fire...

[VikingFan]

CNTF looks ready to run again after pulling back from a high of $18.80.  There's support from last month in the 14 area, as well as the 50% retrace.  Yesterday's low was 14.

You can see from the last earnings cc that the president is targeting 100% revenue growth in 2006:  http://chinastockblog.com/article/4508.  With .93 earnings for 2005, CNTF is trading at a PE of 15.5 for 100%+ growth.  That's incredibly cheap.

I think CNTF will be a multi-bagger from here within a year.  Mark it down.

[VikingFan]

Looks like CNTF has bottomed now with today's reversal on big volume.  The fundamentals are incredible, and now the downtrend is reversing after a 61.8% fib retrace of the rally, so it should be good to go from here as long as it can get through the 14 resistance (former support).  The new year and end of tax loss selling should help it move significantly higher.  It could be setting up a massive cup & handle pattern as well.

[VikingFan]

CNTF made it through that 14 resistance, so looks good from here.

[Stocky2000]

i am in  at 13.90 ......Volume was good yesterday over 1 Million Shares traded ! Still increasing Volume i think.

[VikingFan]

After a one-day pullback, CNTF was strong again today, closing at the high near 15.  Now it looks great for much higher prices.

Here's a writeup on CNTF from last month:  http://greattrades.blogspot.com/2005/12/cntf-for-long-term.html.

[setravis]

Pre-Market mover.......

CHINA TECHFAITH WIRE (NasdaqGM:CNTF)   

Pre-Market: 8.88  2.54 (+40.06%) as of 9:12AM ET on 10/17/07

[BigSully1]

Up 22% on nice ER last night.