While I generally agree with your positive analsys of EFUT; and having been in and out of this company several times since it went public; my personal opinion is that super fundamentals and future prospects will not move this stock. There are several reasons for this: Mostly, the world recession we are teetering on or in, and the great fear investors are experiencing due to numerous losses in many companies. The fear of investing in China both because of it's government system, no confidence in open market forces, and general ignorance of China's present and future roles on the world stage. Also, a large factor is the tiny float (2.8 million shares). This will keep large investors, and funds away due to insufficient liquidity. What will move this stock is good earnings, company growth, or buying or merging with a large company. This may take some time; but when I look around the world in these troubled times, EFUT still looks like the best way to leverage my money - so that is where my money is also.
Sort by:
Latest | Highest ratedeFuture's Cash Cow Keeps Getting Fatter [View article]
What will move this stock is good earnings, company growth, or buying or merging with a large company. This may take some time; but when I look around the world in these troubled times, EFUT still looks like the best way to leverage my money - so that is where my money is also.