Moomoo is still in a period of rapid growth, and it is reall...
Moomoo is still in a period of rapid growth, and it is really too cheap to sell it in the market at its current valuation. It has $1.4-1.5 billion in cash on its account, a market value of $8.5 billion, and can make $500 million a year, and there are also buybacks and write-offs. It is difficult to find such a cost-effective company in the US stock market now. $Futu Holdings Ltd (FUTU.US)$
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lee… OP : If management repurchases shares, I believe the stock price will continue to rise.
understanding Antelo : the company is making money, the platform is good but the market is manipulated. it has become a tools for the big boys to make profits from it. it can rose and drops for no reason
lee… OP understanding Antelo : That’s why I said that we can buy back to fight against short sellers.