$Futu Holdings Ltd (FUTU.US)$ There is an idiom called break...
$Futu Holdings Ltd(FUTU.US$ There is an idiom called breaking an axe and sinking a boat
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Path To Wisdom : most of the institutions n hedge funds with futu stocks already flee before news out. No worries
lailaifatfat OP Path To Wisdom : How do u know?
Path To Wisdom lailaifatfat OP : Reality, they always have the first information from media n insiders. Information speed matters for investments.
lailaifatfat OP : But given the recent performance and months of uncertainty, many of them would have fled long before this news based on risk assessment. This news is just a confirmation, one uncertainty removed.
floopie : what is the news causing this drop?
lailaifatfat OP floopie : You can’t use news to determine this one… good news, it drops, bad news, it also drops. you can’t win the big boss behind this, just play along, that’s it.