Letr00
10-23

$Tiger Brokers(TIGR)$ Personally if the new funds are properly managed. I would be bullish in the long-term. At least now we know that investors are willing to pay for $6+. Few months back, the price was only $3+. I would not advocate to buy or sell, each has their own risk appetite. I personally would buy more at this price now but I already have a huge stake of my portfolio invested here. Hopefully with the upcoming earnings report, we can gain some insights of what Tiger plans to achieve with this new equity.

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Comments

  • LianX
    10-23
    LianX
    the point is without this drama, the public is even willing to pay more, because the market is up.
    • Letr00: 
      Public can pay more but they need cash and since Tiger profit is relatively low. They can only raise it through equity or debt. In their case, they chose to offer more shares at $6.25. Although there’s dilution, I believe at least we won’t see $3+ anytime soon.
  • Larrylee
    10-24
    Larrylee
    按照传统观念我同意你的观点，但这个管理层是按照A.I股方式运行，增发，圈钱，减持，套现。很后悔买这样票了
  • Letr00
    10-23
    Letr00
    I agree with you. However, there’s so much other factors involved. Honestly, I feel like they need more catalyst and innovation to drive up the share price up. Therefore, I am really keen to see how they utilise the funds they obtained. I think the next few earnings report will determine whether I will reduce my position here.
  • 3nn
    10-24
    3nn
    A lot of retailers won’t touch this counter anymore after all these drama…the only ones are the bagholders trying to break even or cut losses. Happy holding :)
  • LianX
    10-23
    LianX
    they have a lucrative business, everything is online, the cost is low compared to traditional businesses
    • GI_Joe: 
      Costs may not be low as one may think. Tiger Singapore has a huge headcount of more than 50. They also shifted to a new office. Spent a lot of renovation and rental, etc.
  • BT BT
    10-24
    BT BT

    Beautiful article highly recommend to people to read and analyze beautifully. In the morning 

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