don`t know about that but as this started up on or about July 1, I assume the quarter was decent and with China stocks starting to run again one can only hope this joins the party. Awfully quiet in out there.
Just remember my words, next year you will consider me your new messiah
Sentiment: Strong Buy
Let's see if we can stay above $5.00 - $6.00 for the next 2 years first. Pumping this stock does not add value!
anyone remember ckcm
the angony and the extasty
if it hadn't been bought out
it would be 10000 by now
GOMO is profitable; E-Future is not. EFUT needs to find a way to consistent profitability if they ever want to see decent P/S ratio.
You can't just compare one company to another like that. Each company has company specific strengths and weaknesses, different personalities, different capabilities to foresee future trends etc.
GOMO is 7.5x P/S. E-Future is 0.6 P/S. So E-Future would go much higher than $20.00 if it were to play catchup with GOMO. Can you clarify the relationship between these two stocks because I'm completely missing it.
Parsley I dont think any of those factors is the reason for the recent rally
However I also dont know what is going on.
I also dont think EFUT will achieve 200$ per share, not even 20$ honestly, just compare GOMO to EFUT and you will see what I mean.
$400.00 a share? 2 billion+ dollar valuation? Maybe in 10 years if they plan, execute, and innovate to perfection.
If E-Future can prove the current business model is a profitable one servicing 42 of the top 100 Chinese retailers while demonstrating MyStore can generate profitable revenues over a period of time, $20.00 might be in the cards. Without any further updates to add to my current perspective on E-Future, I'd have to be a partial seller at that level. $400.00 is a pipe dream.
Don't know what is influencing the price at the moment...
A few positive factors include...
1. Adam's Book continuing to sell fairly well in China averaging an Amazon Sales Rank in China of about 20,000. Pretty impressive for a niche book about retail strategy and the future of mobile retail. Establishing himself as a thought-leader in China can only be positive over the long-term for the company.
2. Shanghai's first Micro-Store being opened by an Appliance Company and receiving many positive mentions in the Chinese Media.
3. A few more Micro-Stores being opened around the country by smaller, regional retailers. I don't spam these boards every time I find out about a new one because I don't think any single new Micro-Store launch by a smaller regional players makes a significant difference. Compounded, however, these launches may be meaningful. The more small regional players they can add to their platform, the more pressure that larger retailers will have to offer competing offers on the platform by including themselves in the MyStore channel.
the way they "priced in" the mj stocks was to halt them
they wont halt chinas growth
we need there money
the reasoning at the time was
that it ipo/d too low
the big short cover was last fall
on a 6 million share day
a little history never hurts
when this hits 400
you wont need more than 500 shares here
don't dismiss this
growth inside china could be massive
alibaba is priced to a premium
besides the fact that the chart bottomed
growth inside china will be the focus