$Futu Holdings Ltd (FUTU.US)$ don't see company buy back the...
$Futu Holdings Ltd (FUTU.US)$ don't see company buy back the stock? depressing.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
wan666 : Why do you buy back every day
astabrin : write to company directly ???
QMengColdJoke : futu buy back 100M. Already done 70M. So it mean futu is very confident that current price is stupid low. Yet for short sellers… futu is almost out of ammo
Lakeside2 : They have been repurchasing. They announced on Dec 17 that they have repurchased $70mm, about a quarter of the $300mm plan. Unfortunately, it is not enough to move the needle in a significant way. It is not uncommon to see the share price keep falling while companies buying back shares… Usually a growth company like futu wouldn’t buy back shares unless it thinks it is deeply undervalued. So I guess it is a good sign at least….
wan666 Lakeside2 : I can't do anything but empty.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Seng2121 Lakeside2 : Yes
Pochong wan666 : We won't give up on shorting
fluidmotion : not enough mass buyers to push up the price. most traders keep playing those few dollars fluctuations. too volatile for long term investors who already got burnt during the highs. China influence still looming, very difficult to hype up this stock.