Looking to see new highs, as expect the next few qs to bode well for this recent Chinese IPO
The chart is showing a strong uptrend is starting, very liitle resistance after 26.70 break then 34.60 area, then look for new highs.
Company has great business model, is in its infancy and think will out-preform going forward. Since china is booming Lft i believe is well positioned for accelerated growth.
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Overview
Longtop Financial Technologies makes software to help manage hard cash. The firm designs both custom-built and standard software and services for financial companies in China. Its channel-related software enables banks to manage various channels, such as ATMs, tellers, call centers, and Web sites; share customer data among these channels; and offer more personalized services. Its business products help banks conduct transactions like international trade finance, payments and settlements, and credit card operations. The firm's management software supports clients' internal operations. Among its customers are leading Chinese banks, including China Construction Bank , Agricultural Bank of China , and Bank of China .
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from hoover
$21.75 (11/21/07)
Agree
Disagree
