Irene Koay
liked
$Futu Holdings Ltd (FUTU.US)$
Open your eyes, look at the data. 18.2% of the trades on FUTU yesterday were shorts. This is higher than usual. What does this mean for us, holders of the stock??
If you see prices fall and you sell, you fall into their trap. The stock dives. People who shorted makes money by selling high and buying back low.
If you hold, those who short the stocks will be unable to buy back at a lower price. They will be squeezed and have to buy back at a much higher price, losing money in the process. The stock rises.
Looking through the comment sections, it is very easy to identify who shorted and who longed. Those who shorted try to create fear. Now, what do we do when people are afraid?? We be greedy, capitalise on the fear, we earn.
Open your eyes, look at the data. 18.2% of the trades on FUTU yesterday were shorts. This is higher than usual. What does this mean for us, holders of the stock??
If you see prices fall and you sell, you fall into their trap. The stock dives. People who shorted makes money by selling high and buying back low.
If you hold, those who short the stocks will be unable to buy back at a lower price. They will be squeezed and have to buy back at a much higher price, losing money in the process. The stock rises.
Looking through the comment sections, it is very easy to identify who shorted and who longed. Those who shorted try to create fear. Now, what do we do when people are afraid?? We be greedy, capitalise on the fear, we earn.
17
10
1
Irene Koay
commented on
There is so much potential in Alibaba. The company has performed out of the expectation almost every year, with huge sales from it's e -commerce, reporting positive revenues yearly.
I cannot find any reasons for such performing company to fail. Should definately buy more with the current huge discount. Alibaba will only emerge stronger than before.
$Alibaba (BABA.US)$
I cannot find any reasons for such performing company to fail. Should definately buy more with the current huge discount. Alibaba will only emerge stronger than before.
$Alibaba (BABA.US)$
10
5
Irene Koay
commented on
I dont care how the fund operate! I buy the dip and wait! China is the world second large country! economy sure continue grow ! @ $Alibaba (BABA.US)$ @ $JD.com (JD.US)$ Fly to the moon !
11
2