What is the future of EFUT

[dochesgriff]

Does anyone have a thought on EFUT? I know it was a topic before on the board, but has not been mentioned lately. I am holding a small position at a loss and just wondered if this was played out or worth waiting for another big move up?

[optimus25]

It lost steam with profit taking.

[aiki14]

This was one of the best traders of the year, amazing volatility for a $30+ stock. The way the entire float traded several times in a day, for a week, was pretty wild. I cannot honestly say that I understand what the intrinsic value of the company is, or what supports the price at any level over $16. I don't know if I'd get back in this, long. I think you short this on any rally over $.50 unless there's huge volume on the buy side.

[dochesgriff]

Looks like it is taking off in pre-market. Should be an interesting day. They got a contract with JNJ so we will see if this is move that will last or just a pop this morning.