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View Full Version : EFUT E-future techology -china


sealatte
11-02-2006, 10:56 PM
hey folks just got into this company before the bell today..
interesting with only 1.1M float shares.
notice bid spreads big movements.
interesting based on what they do in china....

any others have insite..

my investment reasons so far: is small float and huge growth in china's retail market..

sealatte
11-05-2006, 03:05 AM
came across about another chinese stock that took off from $50 to 150 in 3 months.. they refer to BIDU.. check it out.. EFUT could have same effect

sealatte
11-06-2006, 09:30 PM
here is their website...

http://www.e-future.com.cn/ArticleShow.asp?ArticleID=267&BigClassName=English

sealatte
11-09-2006, 08:48 PM
its taking off.....
up 24% today....

get in on dip.... check their financials..

Svenwulf
11-09-2006, 09:44 PM
big booyah to the 9th congrats. damn, if you played that right you could take the rest of the year off. nice call, and lemmie hear your next idea.

OptionPundit
11-10-2006, 11:03 AM
that was a great call man..3 cheers..

Albert0373
11-10-2006, 04:02 PM
Man, this thing is just taking off today..wonder how far it'll go?

meth
11-10-2006, 04:05 PM
damn, is it too late to buy this?

TonyM
11-10-2006, 04:49 PM
Back to back 30% gains...nice pick is an understatement, I hope you made some good coin on that.

Albert0373
11-10-2006, 05:13 PM
Closing Price: 19.72 +5.44 (38.10%)

Anybody know where this stock is gonna go?

krazykowboy
11-10-2006, 05:28 PM
last hour today wus nuttin but Ka-ching,,, ya had ta be thar

Albert0373
11-10-2006, 05:34 PM
Are you guys going to continue riding this? Or should we get out and keep the dough while we can? Any advice will be greatly appreciated.

meth
11-10-2006, 07:49 PM
nice, went to lunch a little skeptical about this. i came back home thinking i made almost nothing. got a good 10% on my purchase. after hours is up another 2%.

thank you sir.

aiki14
11-10-2006, 08:20 PM
after hours is up another 2%.

thank you sir.

Very nice, it was up over 20 for a minute or two going into the bell and I almost sold out, so it's back over 20, might be a short at 20.50 or so, then it will take brass for a ride up from there. Nice trade but long in the tooth here.

sealatte
11-10-2006, 11:13 PM
thanks... i got the tip from yahoo board wher i was trading LMRA and MVIS.. someone mention EFUT and also it came to my radar on Nasdaq gainers..
did little research... took big dip... got 1500K shares betw 10.50-12.. even thought about selling when it dip low 10's... but i said im going to stick with it..
all based on small float...
also looking at market in china(big hedging bet).. guess im up...

now on price.. i think it will drop few points for profit taking.. and shorts will try to push this down to cover, but if they are wrong.. holy cow... could see another $5 up????

im going to ride the train bit up.. see what happens in few days to come..

look at their chart.....

good luck and do you DD....

OptionPundit
11-11-2006, 11:39 PM
thanks... i got the tip from yahoo board wher i was trading LMRA and MVIS.. someone mention EFUT and also it came to my radar on Nasdaq gainers..
did little research... took big dip... got 1500K shares betw 10.50-12.. even thought about selling when it dip low 10's... but i said im going to stick with it..
all based on small float...
also looking at market in china(big hedging bet).. guess im up...

now on price.. i think it will drop few points for profit taking.. and shorts will try to push this down to cover, but if they are wrong.. holy cow... could see another $5 up????

im going to ride the train bit up.. see what happens in few days to come..

look at their chart.....

good luck and do you DD....


Thanks for sharing sealatte...wanna share which yahoo discssion board was that? cheers and wish make you make tons for sharing...cheers,

bahroor
11-12-2006, 01:09 AM
wow, truly a nice call sealatte!!!

sealatte
11-12-2006, 01:59 AM
i own LMRA and MVIS and yahoo board.. there are lot of bs and weird comments but you find some gems.. just gotta to your DD afterwards.

thats where i pick it up originally.

well here is another one that could turn into EFUT.. MBLX Metabolix.
biotech just went IPO Friday.. biogradeable plastic..
got 6Mil shares.. back by Archer Daniel ADM..

sealatte
11-13-2006, 01:13 AM
they only have float of 45K

Average Volume (3 month)3: 1,195,200
Average Volume (10 day)3: 1,195,200
Shares Outstanding: 1.50M
Float: 45.00K

should be very very interesting this week....

OptionPundit
11-13-2006, 04:12 AM
It was already up by 10% on Friday. Let's see where it goes when it opens today. I wish there were options on them. This could other beautiful pick.

aiki14
11-13-2006, 09:19 AM
I take back anything I said about a short at 20.50. This may open over 23.00 this am.

OptionPundit
11-13-2006, 10:38 AM
23.35 as of now..and seems like it's not stopping :)

Empire
11-13-2006, 10:48 AM
wowowowow....damn...very impressed.

TonyM
11-13-2006, 11:08 AM
Did you ever get the feeling that as soon as you buy a zoomer like this it will start heading the other way? Well that's what my gut tells me, so in the interest of keeping you guys in the money I will refrain from buying, and I only ask a mere 10% of your profits for doing so.:lol:

Empire
11-13-2006, 11:18 AM
I get that feeling as well; I just can't let myself get in this late. MBLX is starting to move as said, however. Just went to like 16.30 and came back down a bit.

Edit: Nevermind, 16.40 now. Here we go.

sealatte
11-13-2006, 11:28 AM
efut.. it will still go upppppppppp
no one is willing to sell their shares... and it think MM will do anyting to bring the price down to buy but it keeps going uppppppp due to demand..

MBLX.. im in at 16.50 @ 500 shares. i was hoping to get in at 1K but rest of my funds dont clear til tuesday.. danggggggggg... purchase more tomorrow...
it will move up.. each day at betw $1-2 then i will pop similar to efut
all due limited floats..

trading 4.5M / day and they have 6M shares outstanding...

meth
11-13-2006, 12:10 PM
sealatte, are you using scottrade?

i hate that darn settled funds period. does anyone allow immediate usage of funds after sale?

oh, thanks for the EFUT tip. :)

TonyM
11-13-2006, 01:02 PM
sealatte, are you using scottrade?

i hate that darn settled funds period. does anyone allow immediate usage of funds after sale?



It's not your broker, it's an sec rule, you must have a margin account to avoid the 3 day settlement problem, otherwise you will be charged with taking a free ride, which seems to be handled differently by each broker, do it enough times and I'm sure they'll suspend your account. If you haven't taken a free ride and need to do so to protect a profit or avoid a loss, I would go ahead and do it, you are unlikely to face any penalty at all for the first one or maybe even two. (YMMV)

meth
11-13-2006, 01:17 PM
It's not your broker, it's an sec rule, you must have a margin account to avoid the 3 day settlement problem, otherwise you will be charged with taking a free ride

http://www.s2ki.com/forums/html/emoticons/thumbsup.gif

thanks tony. i did understand that it was an sec rule and that it was a free ride. but for some reason i was under the impression that some brokers did not enforce the settlement period without margin accounts based on some of the posts that i have read in the past on this board. looks like i might have to switch to a margin account. :)

TonyM
11-13-2006, 01:37 PM
http://www.s2ki.com/forums/html/emoticons/thumbsup.gif

thanks tony. i did understand that it was an sec rule and that it was a free ride. but for some reason i was under the impression that some brokers did not enforce the settlement period without margin accounts based on some of the posts that i have read in the past on this board. looks like i might have to switch to a margin account. :)

Yeah there was a forum member that has Scottrade that said he had done it several times in a few days, he never posted back with the outcome though.

Albert0373
11-13-2006, 01:42 PM
This thing is just on fire...30%+ on Thur, 40%+ Fri, and now currently up 32% today..

Glad I got my 1400 shares at 17.77 midway through..racked in 11k so far. Thanks sealette for the tip.

meth
11-13-2006, 02:11 PM
oh well, my stop limit went off.

out @ $24.75

stockviper
11-13-2006, 03:22 PM
Looks to be running again..Up .50, down .40, up .25, down .20.

It's up over $6.00 today (at the moment).

Albert0373
11-13-2006, 05:05 PM
Umm...it's still not stopping...46.34%+.

Hallelooyah!!!!

stockviper
11-13-2006, 05:29 PM
Did I say $6.00? I meant $9.00.. Must have been looking at it upside down.

Looks to be running again..Up .50, down .40, up .25, down .20.

It's up over $6.00 today (at the moment).

Albert0373
11-13-2006, 05:38 PM
Did I say $6.00? I meant $9.00.. Must have been looking at it upside down.


Hahahah, caught yourself there =] funny

stockviper
11-13-2006, 05:53 PM
Hahahah, caught yourself there =] funny


Nice to be on the good end of one of these (for a change). LOL

meth
11-13-2006, 06:21 PM
http://www.s2ki.com/forums/html/emoticons/banghead.gif

errrr.... i set my stop way too low.

http://www.s2ki.com/forums/html/emoticons/banghead.gif

sealatte
11-13-2006, 06:30 PM
It's not your broker, it's an sec rule, you must have a margin account to avoid the 3 day settlement problem, otherwise you will be charged with taking a free ride, which seems to be handled differently by each broker, do it enough times and I'm sure they'll suspend your account. If you haven't taken a free ride and need to do so to protect a profit or avoid a loss, I would go ahead and do it, you are unlikely to face any penalty at all for the first one or maybe even two. (YMMV)

i know about it 3 day rules.. while back i accidently bought shares before my account cleared ..
thx for info... hope u got in on EFUT..

sealatte
11-13-2006, 06:35 PM
http://www.s2ki.com/forums/html/emoticons/banghead.gif

errrr.... i set my stop way too low.

http://www.s2ki.com/forums/html/emoticons/banghead.gif

meth..
sorry that u got out on stop order...
hopefully u made some $$$$$

aiki14
11-13-2006, 06:57 PM
I may be looking at giving some back, I set an order to short at 29.00 and it got filled at 29.08. Sitting at 29.49 at close, I'm gonna buy to close at 29.65 or whatever it is at open if above that. If there were options on this it would be the best straddle in history.

Albert0373
11-13-2006, 07:11 PM
sealette, do you have any advice on where to set my stop limit for this stock? how long are you planning to hold it, that is if you have any shares

MoMoney4Me
11-13-2006, 07:21 PM
sealatte, are you using scottrade?

i hate that darn settled funds period. does anyone allow immediate usage of funds after sale?

oh, thanks for the EFUT tip. :)

http://www.s2ki.com/forums/html/emoticons/thumbsup.gif

thanks tony. i did understand that it was an sec rule and that it was a free ride. but for some reason i was under the impression that some brokers did not enforce the settlement period without margin accounts based on some of the posts that i have read in the past on this board. looks like i might have to switch to a margin account. :)

First I have to say that the run EFUT is having is nothing short of amazing,,,, BOOYAHHHH !!!

I've been an USAA member since 1975, never had a margin account, and have never had them restrict me on the SEC free ride rule.
Last year I was trading ANAD frequently, sometimes in and out as much as 20 times in a week and never heard anything about it.

I recently opened a Scottrade account and was stunned by the restriction. Until then I wasn't even aware of the rule. I'm still trading with my USAA account and not having the restriction enforced there. Trades execute in seconds and cash balances show in real time with no 3 day delay.

sealatte
11-13-2006, 09:57 PM
First I have to say that the run EFUT is having is nothing short of amazing,,,, BOOYAHHHH !!!

I've been an USAA member since 1975, never had a margin account, and have never had them restrict me on the SEC free ride rule.
Last year I was trading ANAD frequently, sometimes in and out as much as 20 times in a week and never heard anything about it.

I recently opened a Scottrade account and was stunned by the restriction. Until then I wasn't even aware of the rule. I'm still trading with my USAA account and not having the restriction enforced there. Trades execute in seconds and cash balances show in real time with no 3 day delay.

USAA must be doing nake short trades and not reporting to SEC the clearance period.... :) but keep trading..

Albert0373
11-13-2006, 09:58 PM
seallette, got any advice on when to sell out or how long this rise is going to last?

sealatte
11-13-2006, 10:02 PM
sealette, do you have any advice on where to set my stop limit for this stock? how long are you planning to hold it, that is if you have any shares

all depends on much u are will take profit at for stop limit....
i got in at 11.50(average price) so i dont have limit stop yet..
but im keeping close eye on this one..


today AH shows $30.98 as of now.. if all paterns are correct from previous days.. should pop around $33??? if it does.. will see $36 range or even $40..

i think pple are just holding on...

i also like CAAS.. its showing similar movement and like the small float plus insiders own 86%..

Albert0373
11-13-2006, 10:07 PM
all depends on much u are will take profit at for stop limit....
i got in at 11.50(average price) so i dont have limit stop yet..
but im keeping close eye on this one..


today AH shows $30.98 as of now.. if all paterns are correct from previous days.. should pop around $33??? if it does.. will see $36 range or even $40..

i think pple are just holding on...

i also like CAAS.. its showing similar movement and like the small float plus insiders own 86%..

i see thanks...yeah i own some shares too for caas, got in at 8.90 actually. liking it too

TonyM
11-14-2006, 09:34 AM
Anyone going to buy today?

OptionPundit
11-14-2006, 10:37 AM
honestly since google I haven't seen anything like this for a while :) oh my..seems like going to the moon...but guys..those who have already doubled the money..IMHO...may want to ring the register at least half...

meth
11-14-2006, 11:37 AM
WTF!!!!!!!

anyone have a look at this thing today?

stockviper
11-14-2006, 11:37 AM
Anyone going to buy today?
BUY? I can't even keep up. This is crazy!

sealatte
11-14-2006, 11:43 AM
i sold half of my shares.. took nice 25K profit in less then 2wks.. still got half holding for longer up road..
people are talking it could hit 60-75 by end of month???
see what happens...

good luck and watch your back.. this think zip up to 48 and tank down to 40 less 1/2 watch yourself....

poohgoil
11-14-2006, 11:57 AM
What people are talking, sea? Where are you reading?

Albert0373
11-14-2006, 11:58 AM
Nice, I managed to make 34k off my shares.

optimus25
11-14-2006, 12:39 PM
KACHING! I saw a stock make similar moves back in 2000. Everyone tried to short the stock and kept getting sold out pushing the stock even higher. The stock finally topped out at $110 after making a run from $5. All downhill from there. That was the last time I've personally seen a move like this.

stockviper
11-14-2006, 02:41 PM
Currently at $43.00. I'm chasing more shares at 42.75 figuring it will hit 50 tomorrow.

Holding my breath

stockviper
11-14-2006, 03:14 PM
Looks like I can forget $43.00!

Currently 48.64 +15.50

Arghh!

aiki14
11-14-2006, 04:21 PM
Long again @ 43

aiki14
11-14-2006, 05:23 PM
Out @ 44.50 and done with this one. Couldn't get a short at the end, must not have had an uptick. Gonna gap down tomorrow. What an amazing day. I can't remember a stock at this price with so much movement intraday.

MoMoney4Me
11-14-2006, 10:13 PM
KACHING! I saw a stock make similar moves back in 2000. Everyone tried to short the stock and kept getting sold out pushing the stock even higher. The stock finally topped out at $110 after making a run from $5. All downhill from there. That was the last time I've personally seen a move like this.

I had one similar to that back then too. It was HCOM Homecomm Communications a small internet banking security company. I got in at $1.37, a week later it shot up over 3 days to above $18. I got off on a dip back to $16. It tried to make another run the next day and my wife jumped on some shares. She went to the grocery store and it had dropped to $7 and change when she got back. A year later the stock traded at $0.005 ( half a cent ) and later became worthless when they bankrupted. Definately not for the faint of heart !

I could be wrong, but EFUT has a huge gap to fill. Let it drop 15 % then short the heck out of it on the way back to $10

One rule to remember though is,, "let the trend be your friend." Some call it going with the flow. Betting against momentum can get your head handed to you in a heartbeat.

Albert0373
11-14-2006, 10:59 PM
I like that momentum rule, I'll keep it in mind thanks.

I sold half of my 1400 shares today at 43.15 which I got in at 17.70; we'll see how things go tomorrow.

AH trading is down 1.38%, may be the beginning of the gap closure.

roy
11-15-2006, 12:21 AM
According to Yahoo Finance EFUT has only 45K float: http://finance.yahoo.com/q/ks?s=EFUT. Could that be right? If that's the case, shouldn't this thing keep going higher? In last hour there were more than half million sold within 43.40 - 44.70 range. Also strong support at around 43.

aiki14
11-15-2006, 12:24 AM
According to Yahoo Finance EFUT has only 45K float: http://finance.yahoo.com/q/ks?s=EFUT. Could that be right? If that's the case, shouldn't this thing keep going higher? In last hour there were more than half million sold within 43.40 - 44.70 range. Also strong support at around 43.

E*Trade says 3 million outstanding, avg vol 717K, today 14 million

sealatte
11-15-2006, 01:08 AM
I like that momentum rule, I'll keep it in mind thanks.

I sold half of my 1400 shares today at 43.15 which I got in at 17.70; we'll see how things go tomorrow.

AH trading is down 1.38%, may be the beginning of the gap closure.

i also cashed another 250share AH so also did 35k but still got another 250 hold for possible up to $50???

looks like it might hold off around 43...

glad some folks made some money here and good luck to folks who got in on end side... ...

so what's next to play???? start spanding the horizon for new stock....

stockviper
11-15-2006, 11:25 AM
Finally got it's drop but now seems to be holding steady around $39.00.

cryder17
11-15-2006, 12:01 PM
If not done so already....i would say get the F out. I wish i had the ride to the top though, i was trading it on monday and got in at 23.35 and it wasnt moving too much and i figured it was going to bounce off the cieling so i sold it once it made its run up to 26.85...:oops:

stockviper
11-15-2006, 12:19 PM
Got out at 35.00!

optimus25
11-15-2006, 12:25 PM
Mind the gap.

stockviper
11-15-2006, 12:39 PM
Mind the gap.

Definately! After it drops to 30.00 and bounces back up to 32.00 I'll look at it again. Gotta love the gaps sometimes. They make things so easy.

optimus25
11-15-2006, 12:45 PM
Speaking of gaps, I'm waiting for RNVS to cover its HUUUGE gap. I need to untie some of my cash.

stockviper
11-15-2006, 01:42 PM
Speaking of gaps, I'm waiting for RNVS to cover its HUUUGE gap. I need to untie some of my cash.

WOW...What happenned there. From $15.00 to $3.00. And today it's moving back up.

aiki14
11-15-2006, 05:29 PM
Anyone else agree this has been the best trader in months? No problem moving 1k share positions long and short and staggering volatility. Made a bundle, gave back half, traded up and down to get it back and then today got in short at 40.70 and doubled and doubled again. I believe it was sealatte that brought this one to my attention, 2k went to the united way today, unfortunately they wouldn't take it in the name sealatte so I made the donation in the name of Joe Sealatte, thanks buddy.

Albert0373
11-15-2006, 05:58 PM
Yeah, thanks a bunch sealette, you got me quite a few bucks in my pocket. =]

Pinguin
11-15-2006, 05:59 PM
The next question is will we see a filling of the gap in the positive direction? After hours trading is sitting right around $30

Albert0373
11-15-2006, 06:05 PM
I was showing my friend at work a 5-day chart of EFUT and he drew this and poked fun at me for selling all my shares and cashing out.

(scanner didn't work so I re-did it)

http://img516.imageshack.us/img516/6421/efuthu2.jpg

hahaha

aiki14
11-15-2006, 06:10 PM
Funny chart. I'm out, but I'll give serious consideration to taking a long position at 30.50 or open if she gaps up.

OptionPundit
11-15-2006, 07:20 PM
honestly since google I haven't seen anything like this for a while :) oh my..seems like going to the moon...but guys..those who have already doubled the money..IMHO...may want to ring the register at least half...

Congrats to those who cashed out....now you have cash to get-in again when the tide turns

Empire
11-15-2006, 10:24 PM
I believe it was sealatte that brought this one to my attention, 2k went to the united way today, unfortunately they wouldn't take it in the name sealatte so I made the donation in the name of Joe Sealatte, thanks buddy.

haha, good idea. Props to you on the donation my friend.

sealatte
11-16-2006, 12:56 AM
haha, good idea. Props to you on the donation my friend.

i'll give u my offshore bank account.. good donations. tax free...
hey thats great to give to United way...

me gotta save for college for my kids.. plus taking proceeds to be investor(seed) money for startup drink company.. will be big in 07.....
well I'm happy that follks that jump on the bandwagon and maded $$$$$


RE: GAP.. let see what happens tomorrow.. if it move up $3 or so i might move up.... wonder the poor folks who bought at 40's.. they might sitting on the shares for price come back up. which cause the ride up??????
or dump and take the lost..


i would love to hold this company long term if it every drop down original price. 6-10's -great company with hot service to retail market..

i have 2 brothers working HK and they deal with china.. its going craze in china.. especially southern china, with boom in export.. etc..

sealatte
11-16-2006, 12:58 AM
their quiet period will end on the end of the month.
curious to what type of news they will come out with. any postive news
and they still have 1.1Mil shares. ... here we go again.. up up up..
or like others mention stock split.. which causes the price to jump..

keep eye on EFUT...

i will definitly jump in again...

im watching REV... something is cooking in Ron Perlemans sleeves...

aiki14
11-16-2006, 09:45 AM
should have gone long last night, she's gonna gap up 5 dollars this am.

meth
11-16-2006, 11:50 AM
anyone diving back in this?

cryder17
11-16-2006, 12:57 PM
only with my funny money. I stopped looking so optimistic at this stock when i saw the news out that stated the company does not know why its stock price is so highly traded at the moment

"E-Future Info Tech Unaware of Any Business Info For Volume Hike"

i shorted this stock for a decent gain, but am at a loss at what play i should make next. i think i'll just sit back and watch the show for now

Albert0373
11-16-2006, 01:00 PM
Same here, just sitting back and watching it now.
This one's a bit volatile.

aiki14
11-17-2006, 09:14 AM
Looks to gap up more than a dollar again this am. Astonishing, as over the last week every outstanding share has traded on average more than 20 times. Can't say I've ever seen that before.

aiki14
11-20-2006, 07:14 PM
This thing jumped up $7 at the end of the day!! Did I miss some news?

sudsak
11-20-2006, 07:41 PM
Pls someone help us out here..why did this jump 7.50 ??

sealatte
11-20-2006, 08:59 PM
the price shot up on last 1/2 of trade..
folks mention that it was large block trades, which could have been shorts being covered..

i was follow this stock with CRDC.. EFUT was flat with 500K shares as of 3pm.. i went out to lunch.. bang..
then again. i got in at 33.95 on Thurs.. and put sell at 38 i figure it would take 2-3 days for the price to move and give me chance to up my sell price if the stock move up. but didnt expect 7.50...

well down AH. see what happens..

sealatte
11-21-2006, 01:46 PM
up today another 5 at 46.50
hedging it will move up again go over 50 by Friday

made in/out earlier now also in at 43 and already up 3pt..
nice
on the train again... this time will hold after first of Dec, unless something happens before then....

sealatte
11-21-2006, 02:01 PM
wow..
i was talking on phone and price drop 46.48 to 44.25 in 2 mins.. holy cow..
MM trigger sell and they must bought up and price takes off again..
just hope no is playing this stock with heart problem....

looks like 45's is hold at this time for now.. let see if it will go up... its trying to but being pull back..

Pinguin
11-21-2006, 07:30 PM
I took my profit this morning and keep on wondering if I got out to early.

bahroor
11-21-2006, 11:01 PM
I took my profit this morning and keep on wondering if I got out to early.

if i was long i would of sold today also.

looks like it will pull back some (or a lot, no one knows why the price is so high, scary thought!)
good time to short IMO (but I won't)!

Pinguin
11-21-2006, 11:17 PM
I thought about that as well. Maybe I will wait for another pull back to the thirty dollar area.

sealatte
11-22-2006, 11:00 PM
well im almost trigger the sell but held til friday and next week..
show strenght around 45's today... they try to push it down but stayed at 45's

Ah shows up move, so thats good sign for friday.. hoping to hit 50 :)

TonyM
11-22-2006, 11:26 PM
well im almost trigger the sell but held til friday and next week..
show strenght around 45's today... they try to push it down but stayed at 45's

Ah shows up move, so thats good sign for friday.. hoping to hit 50 :)

I got in at $45.95 today, and then promptly watched it nosedive into the $44's I was sure the mm was screwing with me. Anyhow I got nervous since we are heading into a 4 day weekend for many traders and sold on one of the bounces over $46 for a pittance of a profit. I just wasn't sure if it was going to have the typical eod rally and pullback, it started early today and I was offline, figures.

I'll watch it closely on Friday, but if the volume isn't up to par I'll stay on the sidelines.

sealatte
11-23-2006, 01:54 AM
I got in at $45.95 today, and then promptly watched it nosedive into the $44's I was sure the mm was screwing with me. Anyhow I got nervous since we are heading into a 4 day weekend for many traders and sold on one of the bounces over $46 for a pittance of a profit. I just wasn't sure if it was going to have the typical eod rally and pullback, it started early today and I was offline, figures.

I'll watch it closely on Friday, but if the volume isn't up to par I'll stay on the sidelines.

tony

i already made money on this one from 11 and sold at 40's.
im in with small amount.. made money last thurs to mon when it pop from 34-41.
i almost sold other day when it when high 48 and drop like fly but kept my cool. i knew it would bounce back.. you gotta have the guts with stock..
its huge hedging on this stock... i still think its hot stock due to their software in china.. from my brothers inside on china's econony.. its started to bust... there are more pple with $$$ to spend.(folks with govt connections and corruptions) are ones that are make more money you can think of..
they will spend on stocks and goods.. i visited Maco in 2004, that place blows Vegas away.. at Sands casino.. i seen ladies blow 10K if that was nothing to them..mainland chinese love to gamble...
sorry for got away from topic. but i believe in chinese market.... EFUT does have potential as leader in software.. CRM

also CLWT is another stock i like because of what they can offer in china.. population control..
let hope for good friday....

TonyM
11-23-2006, 12:19 PM
tony

i already made money on this one from 11 and sold at 40's.
im in with small amount.. made money last thurs to mon when it pop from 34-41.
i almost sold other day when it when high 48 and drop like fly but kept my cool. i knew it would bounce back.. you gotta have the guts with stock..
its huge hedging on this stock... i still think its hot stock due to their software in china.. from my brothers inside on china's econony.. its started to bust... there are more pple with $$$ to spend.(folks with govt connections and corruptions) are ones that are make more money you can think of..
they will spend on stocks and goods.. i visited Maco in 2004, that place blows Vegas away.. at Sands casino.. i seen ladies blow 10K if that was nothing to them..mainland chinese love to gamble...
sorry for got away from topic. but i believe in chinese market.... EFUT does have potential as leader in software.. CRM

also CLWT is another stock i like because of what they can offer in china.. population control..
let hope for good friday....

Oh I know you and others here have made plenty on this, which is why I am very cautious with it as it could easily have a dip that turns into a freefall and a quick one at that. At the open until a little after 10 am the volatility and volume are high and then the same in the last hour of trading. In between you can find a nice entry point, but you never know when 'normal' pattern is about to change, so watching every tick on this one is a must in my book, as a trailing stop or regular stop will get triggered pretty easily on this one unless you set it really loose. Your plan will difer from mine since you are up big on this one and can afford to play with a portion the gains. I think it can run to $50 also, but I won't hold a speculative stock like this overnight, I really hate those downard gaps in the am...really puts a damper on the day:wink:

TonyM
11-24-2006, 12:06 PM
Anyone thinking the volume and price will pick back up at noon, with a rally up to $48 or so and then a quick pullback?

Pinguin
11-24-2006, 08:28 PM
I'm kinda hoping it runs back to the $30's so I can pick some up again...

TonyM
11-27-2006, 09:49 AM
Just read an article claiming that there is a failure to deliver shares due to naked short selling, possible short squeeze coming. Any opinions?

Pinguin
11-27-2006, 08:34 PM
I am thinking about getting in at $43 for a quick run up to $49 within the next couple of days

Albert0373
11-28-2006, 05:57 PM
Got in at $41.11 just earlier today; rumors are that it'll run past $50.

bahroor
11-29-2006, 02:50 PM
anyone shorting this thing??

aiki14
11-29-2006, 04:36 PM
anyone shorting this thing??

I gave it serious thought when I saw the above posts. I don't know what rumors albert is talking about, the company is damn quiet and none of the big money analysts are in the game, that tells me the rumors aren't coming from the smart money. That said I just bought back in at 39.30, you know... just in case... !! Trade was activated at 39.2901 (what the .0001 is doing I have no idea)

bahroor
11-29-2006, 04:43 PM
I gave it serious thought when I saw the above posts. I don't know what rumors albert is talking about, the company is damn quiet and none of the big money analysts are in the game, that tells me the rumors aren't coming from the smart money. That said I just bought back in at 39.30, you know... just in case... !! Trade was activated at 39.2901 (what the .0001 is doing I have no idea)

hmmm.. well i hope it shoots past 50 for you longs, im not shorting, just wondering.
cant go long either with this one... so unpredictable..
but if no one can justify the 7 to 45 PPS, then something's up!
Be careful and GL!!

Pinguin
11-29-2006, 08:29 PM
I agree with bahroor. While I am long on the company if it drops back to the $35 range I will just sit back and watch

sealatte
11-30-2006, 02:29 AM
its been down that last few days..
it might drop few more pts.. 1-2$
it it stays around 30's til end of the week.
their 30-day restriction should be lifted by tomorrow or dec1st.
let see what news comes out...

i just waiting to buy back in.. this is solid company with good potential for growth and dominate the market.....

Albert0373
11-30-2006, 04:19 PM
IMO, EFUT bottoming out today; last day for down trend. This week may be back to 40s soon....looks like something exciting coming on the way; shorts will cover soon

concrete
12-01-2006, 02:40 PM
this things on fire! is there any news driving this?

ProEdgeBiker
12-01-2006, 02:55 PM
it is going up, $4 on day so far. what do you guys think it will top out at?

aiki14
12-01-2006, 03:06 PM
it is going up, $4 on day so far. what do you guys think it will top out at?
I don't know what's up but I'm feeling pretty good after feeling pretty bad, I'm in at 39.2901. stops in at 41

cryder17
12-01-2006, 03:41 PM
wow im watching this one fall with pretty high negative volume. but it looks like it was just a scare, because am i am watching it, it has regained some stability.... and dropped to little volume.. must have been stop losses being triggered.

aiki14
12-01-2006, 03:42 PM
That didn't last long, I'm out.

Albert0373
12-01-2006, 04:29 PM
IMO, EFUT bottoming out today; last day for down trend. This week may be back to 40s soon....looks like something exciting coming on the way; shorts will cover soon


hmm, im partially correct so far, lets see how this plays out next week

Albert0373
12-01-2006, 04:36 PM
dont jump out too quickly, looks like its continuing to climb.

40.56 +3.71 (10.07%) as of now

bahroor
12-01-2006, 04:38 PM
with a stock like this... a tight stop is the way to go imo.

at what price did you jump in Albert? if you dont mind.

Albert0373
12-01-2006, 04:40 PM
i've been playing this for a bit

jumped in at first at 17.70 then got out at 42

jumped in again two days ago at 41.11 =/, thought it bottomed out then but i guess it went down more, glad to see it spike today

may see 45 at close


edit: on its way, just saw 42

Albert0373
12-01-2006, 04:55 PM
well, at least im the green now :D haha...didn't spike as high as i thought

edit: sorry, jumped in at 40.11 actually not 41.11

Albert0373
12-01-2006, 05:18 PM
closed at 42.24, not bad
gotta love the late day momentum

Pinguin
12-01-2006, 08:26 PM
The magic number seem to be in the 35-37 range and then it bounces right back up

Albert0373
12-06-2006, 01:19 PM
Moving nicely today, up 7% at the moment; lets see how the day plays out...still holding

sealatte
12-11-2006, 02:48 PM
this stock is holding strong at 40's
doesnt want to drop below to 35's..

keeping eye on this still..

aiki14
12-11-2006, 03:13 PM
This still works as a trader, moves better than 3% a day damn near every day. Now it seems to have a range between 39.50 and 41.50 and it moves through it every day. Buy under 40 sell over 41 short over 41 cover under 40 rinse and repeat :D

Albert0373
12-11-2006, 05:21 PM
I'm still in this one and holding long

sealatte
05-03-2007, 01:32 PM
hey folks im playing this again..
its been steady aroun 17's
got in mid 17's
with some good news up today.
might see above $20's few days.. if the shorts are wrong watch this one pop above $20....

like the big spreads for good day trading too...

sealatte

sealatte
05-11-2007, 01:42 PM
boys

its on the moveeeeeeeeeee.....
something is cooking and should open above $20 on monday.
still small float.
take look at China Life ( LFC) check out the chart...
give EFUT 1-2 yrs it will do the same...

sealatte

sealatte
06-19-2007, 01:31 PM
looks like its out of nake short sell list
and causing the stock to move up...
hope this is like back in Nov.. when the stock moved up to 40's..
lets see what happens..

sea

1birdman1
06-19-2007, 01:58 PM
This looks good and if I hadn't just bought a portfolio for the next bit I would jump in now but I will keep an eye out for a weak performer of mine and maybe trade it out sooner

sealatte
06-19-2007, 05:39 PM
well folks.. it pop up $5.62 today..
gotta love it.. shorts got their pants down..
could be run up to $30-40???
fasten your seatbelt....
lucky i got in again at $15-16 prices..

sea

sealatte
06-20-2007, 02:59 PM
another good day...
gotta love this one...

sea

sealatte
06-21-2007, 02:53 PM
ok took my nice $5 profit...
out today..
stock flat..

how watching COR...

sea

AJLightning
09-20-2007, 03:31 PM
Anyone know why it's up today?
up 34% at the moment!
No news...nothing at all
30x average volume!!!

microhedge
09-20-2007, 03:38 PM
nada

insider activity perhaps... a shorting frenzy... last good news was a month ago

nice ride for whoever held it