FUTU & TIGR Holders - Congratulations!!
Ladies and gentlemen, FUTU and TIGR has bottomed. It cannot go down anymore. The paper hands have been weeded out in the past few weeks. Those who are left, are long term holders. No news can hammer down these stocks anymore.
It is time to enter the market. Yes, this is a big buy signal from yours truly.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Lead Engineer, Technopreneur, Investor.
Stanford University.
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MomoTM : Bottomed? Watch and learn again
股勇者 : Are u a member of CCP? LOL
Bull Run : No respond from China Government regarding Unlicence Trading of Tiger and Futu, HK already defended all legally registered HK Fintech Exchange dealings are supported. This signaled the rumours is over and repeated writing on the old report cannot deter much the price. Sign of uptrend.
71269266 : This stock is too risky until the policy is clear
牛牛楷 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
T将军 71269266 : I think the risk has been estimated and is reflected in the current stock price.
不死传说 : looks like its a good tome to buy Futu
71269266 T将军 : However, the risk is limitless. This is more likely to be controlled by the government than education and training stocks. Once mainland customers are banned, what are the prospects for this stock; most overseas Chinese can speak English, and there are many trading platforms to choose from.
百年难得一见的股神 OP 71269266 : The stocks have taken such a beating such that even if China ban these 2 platforms entirely, nothing will happen. Also, this has nothing to do with English nor Chinese. Why are you using FUTU?? You can also switch to other apps like IBKR or TD. But why are you not?? My point is FUTU has its draw points. Anyway, the most China can do and will do, is to prevent further funds from going into these 2 platforms, but they cannot stop those funds that are already on the platforms.
71269266 百年难得一见的股神 OP : Actually; the current China Stock Exchange environment is not good; recently, the US government will also review China's securities, saying that uncertain factors have caused fluctuations in stock prices and affected the interests of US shareholders. Speaking of this stock, I personally like Futu. I've only used Futu recently. I've always used Fidelity. I hate the real-time data delays of the Fidelity mobile app, and the mobile app doesn't have a good ecosystem, but the money transfer is fast for me. I can transfer money to Futu for 30 years; I spent 5 working days in North America to transfer money to Futu; without the huge domestic market, no financial support from domestic banks, and policy relaxation, this stock's trading volume is small, the fluctuations are huge, and the gains outweigh the losses! If there is no new capital inflow, can I still play with my account? There are so many opportunities for US stocks right now, and employment data is good. Why not wait until the policy is more clear
. If the policy is loosened and this stock jumps to 100, I will continue to chase it. I'm a small shareholder, and I don't have the ability to go short. I just like to share discussions and talk nonsense.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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