faosto, agree with your contrarian view. This gives them a choice and ups the ante in a buyout situation. As for future share price, not up enough on the size of the potential U.S. market, so I cannot say, but I keep hearing in the 60 range. Goldman would not have gotten involved if there was not a pot of gold at the end of the rainbow.
Interesting, and wonder if this means InterMune goes it alone the rest of the way? Seems as if this has been in the works for a while. Or maybe this gives them the breathing room they need to better price themselves in he event of a serious bid?
Since it was mentioned specifically in the last conference call by Adam Yan as something we as shareholders should consider when looking at the potential value of eFuture and the results of Q3, hopefully we will get a very clear update on how much of that backlog got completed and counted in the upcoming quarters revenues (reported March 17). It is great they have backlog, now let us see some positive results from it. Let us also look forward to hearing more specifics about "MyStore" and how they intend to grow revenues from it.
Some recent short interest numbers as of 02/15/2014 short interest was 2000 shares down from 12,500 as of 1/15/2014, according to Nasdaq website.
I agree whole heartedly. They still send me notification on articles but when I tried to post legitimate comments that questioned the motivation of the article writers they notified me they could not post my comment. Isn't that amazing, they will blindly publish an article without questioning whether it is true or not but will not publish a comment that questions motivation! I stopped paying any attention to them after that. They are clearly there for the shorts.
Let me be the first to apologize if I misunderstood about your accumulating of shares comment. This is one of the few boards where there seems to be a decent discussion based on good information and you are the leading contributor to that, and there are several others. A lot of long time poster's here who have a vested interest in how this company does. We all realize the potential and collectively want this company to reach its fair value.
Ok Parsley, understandable you want to take some off the table, but didn't you just say you were accumulating? Just sayin, hard to be accumulating when your selling. You bring a lot to this board so you do not want to have a credibility issue.
Kay some of that but also Chinese e-commerce sector getting a lot of attention with the success of VIPS, YY, QIHU, BIDU etc. Now investors and Institutions are looking closer at those undiscovered, undervalued Companies. Some articles and mentions on financial news also, and now earnings announcement seem to account for the move up. As Parsley says, Shhh, we are still accumulating.
Parsley, as always thanks for the information. Not too many day traders posting here, though some over on market pulse. Agree about stealth accumulation!
Need some strong earnings and more explanation on how "MyStore" will add value and impact future earnings. Once we get that, this stock will start to play catch up with other stocks in its' sector. Look at where VIPS, YY and others were a little over a year ago! eFuture, with a solid reputation and long history, will take its place among the leaders.
eric, If you were holding this on the date of the spinoff in January to FS Anthracite, did you receive restricted shares and if so how long a period of restriction on FS Anthracite shares?
jtech, yes all of those have exploded in the past year. John Wong talks about his fund looking for as yet undiscovered e-commerce plays that are way undervalued. He mentioned a few, WBAI, VNET, but also said there were many more that fit his criteria for growth and stability. Also, just heard Josh Brown, CNBC, mention small cap Chinese e-commerce and internet plays as the place he is looking to invest.
Was up $1.25 and held 31.29 on decent volume on a big down day in the markets. First big up day in the markets in general, after things calm down, and this will go to 33 -34, maybe higher, quickly.
Well, must have been a short attack. Up very nicely at about $21 from the low around $17.35 on Friday.
The stock is down because Wall Street wants it cheaper imo. Also gotta expect some profit taking after a 170% runup. Analysts downgrades on a stock like this are so obviously motivated.
To go along with your analysis, Motley Fool article just now talks about strong possibility of ITMN being a takeover candidate. Looks like a strong case for that!
30 held nicely and it was a strong move over 31. I think you might want to cover your short position if you haven't already done so.
Looks like this firm trying to get cheap shares for their clients. Similar to Zacks take on SRPT.