$Tiger Brokers(TIGR)$ $Tiger Brokers(TIGR)$I have said for months that this is not just shorting but majority of hedge funds selling and earning their profits. Tiger is probably worth about $4 in reality.. this price is not going to change...The hedge funds are not stupid...you think they will pay for retailers to unwind themselves?
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Comments
Depends on the growth direction. If this is able to grow 50% YoY, PE will be greatly reduced. Forward PE is already 20. if this remains at 4, PE will be down to single digit which does not make sense for a finctech company