Why would AMTD(HKD) soar again?

AMTD Digital, a Chinese tech firm once topped a $400 billion valuation last month (+30000% in just 2 weeks)... It seems the craze is back again with $HKD shares up over 300% on Wedsday. Why would this happen again? Any thoughts?

LONG

47%

SHORT

53%

User Discussion

avatarbulldozer
2022-09-23
$AMTD International(AMTD)$this is a highly speculative counter.  1.42 - 1.45 is too low.  Expecting at least a $2!  Let's see later.
avatarShayKC
2022-09-22
 
avatarShayKC
2022-09-22
 
avatarUpswing118
2022-09-20
Yes it will, good stock. Big boys game. We can still can earn some tho🤞
avatarphongy 45
2022-09-20
Ok
avatartoILET MOON
2022-09-19
700 this week.dont worry .just hold
It is because of the QE of Mailand. More easy money flow into the fintec conpany of HongKong
avatarjaxon
2022-09-19
Goosd
avatarbullect1
2022-09-19
a to z
avatarluckyone
2022-09-19
The rise & fall looks more like crypto's than stock....
avatarStarLuck
2022-09-18
$AMTD Digital Inc.(HKD)$vote for soar again[Observation] [Observation] [Observation] 
avatar金錢弟
2022-09-18
43% of volume shorted on September 16, it may have a short squeeze when it drop to $50 again 
avatarHuat99
2022-09-17
$AMTD Digital Inc.(HKD)$$GameStop(GME)$AMTD vs GME, they have similar movesGME Initial Meme stage that breaks All Time High after High1. crazy UP move in two weeks (Jan 2021)2. collapse > 90% thereafter (Feb 2021)3. another UP thrust that follows (late Feb 2021) and gradually ended in Mar 2021 (though it remained volatile throughout the rest of the year)Back to AMTD (and YES! only if you think the moves very similar)1. GOD move in two weeks (Jul 2022 initial IPO trading)2. collapse > 90% thereafter (Aug-Sep 2022)3. another UP thrust that follows (currently in progress)The ONLY significant difference between them - VolumeAMTD is thinly traded as opposed to GMEResist - $800 ~ $1000 (multi-bagger!)Suppor
avatarhighhand
2022-09-17
$AMTD Digital Inc.(HKD)$will soar again whenever there's greed.The number of trading days can't even fill up the k-line chart and you see two abnormal spikes in trading price.The first price spike 8000% late July/early Aug on no news.Recent price spike of 200+% last week, again on the absence of any catalyst seems mild. Trading had to be halted 11 times since last Wed open.I can't say I understand what's going on, but I'm sure in the grand scheme of things, there's going to be winners and losers. Unless you know how the game's played for this counter, which most retail investors don't, the best advice is to stay clear.There are so many fishes in the sea, let's leave the dangerous puffer fish alone and catch other safer ones. [Happy] 
avatarSandDust
2022-09-17
 Well the question is missing the timeline... 
avatarGoupppppppp
2022-09-17
Can be smoke around? Don't too rush.
avatarckjun
2022-09-16
$AMTD International(AMTD)$it is time to soar 300%
avatarKingcat
2022-09-16
$AMTD International(AMTD)$could go either way. Let's see where the tide move today [Onlooker] 
avatarMui fung
2022-09-16
Good 
avatarKlinwx
2022-09-16
Go go go