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Strategies & Market Trends : EFUT: e-Future the Future of...?
EFUT 6.3800.0%Jan 12 4:00 PM EST
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To: Glenn Petersen who wrote (1)11/15/2006 4:24:21 PM
From: RockyBalboa  Read Replies (1) of 9
 
Perhaps we will see some kind of IPOs like this. I had a short position yesterday, in EFUT which I unfortunately covered in stead of boxed.

Yes this is almost as good as the old UBID which moved to 200 from some 16 or so or even BIDU which still trades at off the scale valuations and nearly at its historic high, despite having also very small revenues.

If not for an outright scam, EFUT can be similar. The small float and some short interest will nearly guarantee a rebound once the retracement is completed.
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