$Futu Holdings Ltd (FUTU.US)$ Futu is owned by more then 16 ...
$Futu Holdings Ltd(FUTU.US$ Futu is owned by more then 16 hedge funds and more wants to get in. They are able to control the price as Futu’s daily volume is not big (4millions). They want the shares cheaper as Futu’s SP has climbed significantly this year. Buy on the dips and Hold. once these big boys are done buying, they will jack up the SP. you have seen that in the past few quarters.
Futu is on a huge growth trajectory, more and more Chinese are investing in stock markets at much higer volume. Hope Futu can get the license to trade A share in China.
Futu is on a huge growth trajectory, more and more Chinese are investing in stock markets at much higer volume. Hope Futu can get the license to trade A share in China.
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AAPL HATER : can not agree more