I just find those 8$ drops sketchy. Twice in one day... "wait till it drops" is the correct adage. My main concern, is who actually buys these piece of sh*t stocks? The stock did 14,1 million shares today. Which means its just traders vs traders? Just doesn't seem to make sense to me...
EFUT seems to me a bit different than the usual scam on the street. I really feel they used a small bush league boutique brokerage house to go public not because they were a sham of a company but because they were stupid and lazy. It appears to have been horribly mispriced in the IPO market sometimes that happens it's the type of anomalies you should keep your eye out for. I don't think it will 100% retrace.