A good pullback for TIGR offering?

OutofCBD
2021-06-08

Been trading $Tiger Brokers(TIGR)$ in the last few weeks andalso hold some in my investment portfolio. Noticed the sudden spike and volume, so I decided to take more profit at $28. Really lucky and didn’t expect the offering to come so soon. 

Note that the $26.7 is not the final offering price. It will be subected to changes according to the Tiger Employee:

According to history, we usually see a discount of 5-10% from the last trading day for the offering subscription. Nothing is confirmed yet, but unlike other offering, Tigr provided to retailer via the Tiger App. If the price is lower, refund will happen.

I feel like this is a good pullback. The raisingof money might signal the HK license, of course is not confirmed, just guesses. So it depend on how much we are willing to risk on this. I like the pullback but want to see how the market react first. Might go in if it dip further to provide better upside.

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