Dr. Aaron Fletcher, PhD, received his PhD in Biochemistry from Colorado State University in 2007. He worked as a a research scientist at UT Southwestern Medical Center before taking a professorship position at Dallas Baptist University. Aaron's investing strategy is to find a small handful of... More
Since I last posted on eFuture in November we have seen significant improvement in the stock price from a November closing low of 2.62 to 8's.After EFUT announced its full 2008 year results the company saw a significant increase in interest as investors realized that the company was once again able to book significant revenues in the 4th quarter of the year.Many investors and traders thought it was impossible for a company in book over 50% of its full year revenue in what was arguably the worst quarter for global growth in over 25 years and perhaps since the Great Depression.EFUT however performed as expected.This simply highlights the lack of understanding of eFuture's operations, despite significant growth by the company and the investment category (domestic retail sales in China).
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eFuture (EFUT) ties the knot with IBM and JDA Software
Since I last posted on eFuture in November we have seen significant improvement in the stock price from a November closing low of 2.62 to 8's. After EFUT announced its full 2008 year results the company saw a significant increase in interest as investors realized that the company was once again able to book significant revenues in the 4th quarter of the year. Many investors and traders thought it was impossible for a company in book over 50% of its full year revenue in what was arguably the worst quarter for global growth in over 25 years and perhaps since the Great Depression. EFUT however performed as expected. This simply highlights the lack of understanding of eFuture's operations, despite significant growth by the company and the investment category (domestic retail sales in China).
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