Steve888
voted
CRKN and FFIE are going through similar course with shorts availabilty dropping to 2mn. it also seems Short Sale Restriction did minimal to help FFIE.
PEGY bucked the meme downtrend 🤩
$Crown Electrokinetics (CRKN.US)$ $Faraday Future Intelligent Electric Inc. (FFIE.US)$ $Pineapple Energy (PEGY.US)$ $GameStop (GME.US)$ $Greenwave Technology Solutions (GWAV.US)$
PEGY bucked the meme downtrend 🤩
$Crown Electrokinetics (CRKN.US)$ $Faraday Future Intelligent Electric Inc. (FFIE.US)$ $Pineapple Energy (PEGY.US)$ $GameStop (GME.US)$ $Greenwave Technology Solutions (GWAV.US)$
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$Futu Holdings Ltd (FUTU.US)$In my opinion, Futu should not have any problems with compliance in personal information protection, but the relevant departments still need time to verify, mainly because the new law has just been implemented and many details cannot be clearly defined by regulatory authorities, leaving the related enterprises at a loss.
The most likely outcome is that the regulatory authorities will require Futu to rectify according to the new regulations. (In fact, Futu has already undergone rectification last year)
Anyone familiar with the Chinese business environment knows that "rectification" is the most common term for Chinese enterprises or government departments.
Almost every company or government department will carry out rectification every once in a while. This is a process for the government to improve information security and perfect laws and regulations. It is inevitable that there will be some difficulties, but the purpose is not to doom the enterprises, but to make them healthier and the country safer.
The most likely outcome is that the regulatory authorities will require Futu to rectify according to the new regulations. (In fact, Futu has already undergone rectification last year)
Anyone familiar with the Chinese business environment knows that "rectification" is the most common term for Chinese enterprises or government departments.
Almost every company or government department will carry out rectification every once in a while. This is a process for the government to improve information security and perfect laws and regulations. It is inevitable that there will be some difficulties, but the purpose is not to doom the enterprises, but to make them healthier and the country safer.
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$Futu Holdings Ltd (FUTU.US)$Futu's free float is only 3.8 billion, with 0.3 billion for repurchase, equivalent to an 8% repurchase rate, which is quite considerable. It seems that Futu does not tolerate its market cap falling below 10 billion U.S. dollars. Everyone, feel free to buy. Conservatively estimated, it will close above $63 today and return to over $80 within a month.
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Steve888
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$Digital World Acquisition Corp (DWAC.US)$ The market has been halted every morning for the past few days. Is it Trump's opponents using regulations to suppress it?
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Steve888
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$Futu Holdings Ltd (FUTU.US)$ LOL lucky i no sell yesterday
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Steve888
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