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$Futu Holdings Ltd (FUTU.US)$ will it meet $100 today?
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$Futu Holdings Ltd (FUTU.US)$
The stock price continue to drop as expected as written in my post 1 month ago.
Stock market is a game of hype. The more hype it is, the higher the chances the price will grow. You could see the interest/volume traded for past few months for this stock among institutions/investors has dropped significantly. As there are no hype around this stock, hence the stock will definitely continue in downwards trend.
If I am FUTU management to choose when to buyback share, I would buy back based on the whole market outlook and not based on the price. The market is looking bleak, analyst been warning about a potential crash. That’s why FUTU gave the timeline to buyback within 13 months because they are expecting a crash next year. I would start buy back after the market has crashed. Only then, the buyback will be effective and could possibly spur the market to buy FUTU as it “looks” like it is doing well.
So fellow investors, there are ups and downs. Be prepared this stock definitely will give you a ride down further. I not surprised if it go down till $20. My advise is just hold the stocks for long term because a profitable company share price will grow in the long term. Don’t go and realise your losses. Hold until the crash end then FUTU buyback.
The stock price continue to drop as expected as written in my post 1 month ago.
Stock market is a game of hype. The more hype it is, the higher the chances the price will grow. You could see the interest/volume traded for past few months for this stock among institutions/investors has dropped significantly. As there are no hype around this stock, hence the stock will definitely continue in downwards trend.
If I am FUTU management to choose when to buyback share, I would buy back based on the whole market outlook and not based on the price. The market is looking bleak, analyst been warning about a potential crash. That’s why FUTU gave the timeline to buyback within 13 months because they are expecting a crash next year. I would start buy back after the market has crashed. Only then, the buyback will be effective and could possibly spur the market to buy FUTU as it “looks” like it is doing well.
So fellow investors, there are ups and downs. Be prepared this stock definitely will give you a ride down further. I not surprised if it go down till $20. My advise is just hold the stocks for long term because a profitable company share price will grow in the long term. Don’t go and realise your losses. Hold until the crash end then FUTU buyback.
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$Futu Holdings Ltd (FUTU.US)$
Believe in futu, it will definitely go crazy for you top fans today! Can't buy without like and share!
Believe in futu, it will definitely go crazy for you top fans today! Can't buy without like and share!
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$Futu Holdings Ltd (FUTU.US)$ I don't believe you can go down to 40. If you go down to 40, I'll keep filling up my positions until you go bankrupt
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$Digital World Acquisition Corp (DWAC.US)$ Please pump above 110, thank you.
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