$Tiger Brokers(TIGR)$ The share price is hovering at this range of $5-$6 until some invisible hands push the price. Till then, this is a death stock. Do not expect returns unless you are shorting. Going forward next year, the Chinese monies are flowing to the US due to the increased geopolitical tension between the US and China. The US markets will continue to break record high in view of large flow to Asian monies. Nobody is going to invest in Chinese companies.
$Tiger Brokers(TIGR)$ Pre-market down more than 5%. A lot of sellers who have given up? The company should execute share buyback if they have the money.
$Tiger Brokers(TIGR)$ The first bad sign surfaced was the issuance of new shares. They need to raise money. This shows something fishy. Even cornerstone investor IBKR has sold all their shares. This is another indicator. When a major shareholder exited, it means something. Good luck.
$Tiger Brokers(TIGR)$ Still have diehard fans supporting this stock and keep averaging down. Sometimes I wonder why people still buy stocks? Everyday worrying whether the companies can make money or not? In today world, investing in hot air like Bitcoin is a better choice. No need to worry about fundamentals, earnings, etc because it has nothing to pegged against. No need to read financial reports and so forth. Even Warren Buffet couldn't beat the return of Bitcoin. From $50k to $92K took a few months, not years. Many millionaires were born from Bitcoin globally. Now the next wave is Alt coins and NFTs, the world is getting crazier. The old school like Warren Buffet no longer holds water. The millennium people want fast cash, easy money, idiot pro
The world has become crazier after crazy man Trump landslides victory. Literally all asset classes rallied to all time high including the US indices. The world economies and markets are not longer driven by fundamentals. Everything is sepeculative, hope, hype, and so forth. Just looked at Tesla, up more than 30% not due to corporate developments, financials, etc. investors are pouring in because they felt that Tesla is going to make huge profit under Trump. Is this true? Only time will do. At current price, it is running against fundamentals. However, nobody cares now. It is FOMO theme now in the global markets. Next, whether the Fed holds or cut interest rate, it is little impact now. In addition, inflation or not is also no longer in the equation. We have enter into a crazy century
$Tiger Brokers(TIGR)$ Interestingly while the boarder markets continue to rally, post-trump effect. Tiger share price continues to be depressed despite increasing in trading volume, etc. This clearly shows something. Funds are not keen to invest in this stock. Retails cannot push a stock without the push from institutions. With the departure of IBKR, will Xiaomi diversify out too? If that is the case, it will spell trouble for Tiger. One more thing to note, it took Tiger more than 5 years to break-even. Therefore, do not think that stockbroking companies make money easily. It is a cut throat industry with commission falling close to zero. Generally, stockbroking companies are acting as agents, not principals. That's why you can see CFD players are
$Tiger Brokers(TIGR)$ Price downed 14%. This stock is for trading, not investing. China companies are famous of ge jiu cai from retails. So be very careful.
$Tiger Brokers(TIGR)$ Yesterday the share price went up but today down more than 6%. Tiger has become a very speculative stock for traders. Still hoping for invinsible hands to push the share price above $10 so that retail investors can sell them off.
$Tiger Brokers(TIGR)$ Global markets reacted so positively. Even our STI powered up more than 70 points. The whole world is celebrating Trump's victory.
$Tiger Brokers(TIGR)$ Tiger pre-market price down more than 5% as Trump scored victory. Trump will be hard on China. This is expected. China is a threat to US, both parties (GOP and Demo) agreed to it. Therefore, whoever is the new president makes no different. Trump is a crazy man, so nobody can really predicts his next move. BYD floods the markets with cheap EV cars because they are heavily subsidised by the Chinese government. Even Europe cannot take it. The Chinese government did not practise free markets by heavily subsidising many key industries such as EV.
$Tiger Brokers(TIGR)$ This is a discussion thread about Tiger stock. How come we have people keep talking about Xiaomi or any other stocks? If members wish to discuss about a particular stock, he or she should go to the relevant stock session to talk about it.
$Tiger Brokers(TIGR)$ As one member has pointed out when Tiger announced the shares sale. Somebody needs to pump it up above $6.25 else nobody will subscribe the new shares. Now there are 2 questions remaining: 1) How much will these invisible hands push the share price up? Over $10 is something interesting. 2) Once the shares sale are completed. Will these invisible hands dump the shares? I will definitely sell into strength instead of keeping for long term. For traders, trade with the momentum since invisible hands are at work.
$Tiger Brokers(TIGR)$ Lai Liao. Citibank downgraded Tiger to sell, stating target price of $5.50. More selling will come soon. I have been asking investors to do their homework. How much is Tiger worth? Their marginsare razor thin. Huge volume does not equate to profit. High revenue does not equate to highprofit if the costs are high too.
$Tiger Brokers(TIGR)$ Wow..... 5 series appeared liao. Who will subscribe the new shares at $6.25 when the subscribers can buy in the open market cheaper? No institutions are stupid to buy at $6.25 unless they are hedge funds. I can tell you that Tiger's management has made a terrible mistake in this regard. As usual, retail investors all killed by them.
$Tiger Brokers(TIGR)$ Short sellers and put sellers will kill the investors. You will see $3-4 series very soon. The market reacted very negatively on the share sale because of lack of information. One shouldn't be surprised if Tiger is running into some difficulties. The management did not come out to provide more information about the share sale. This creates negativity.
$Tiger Brokers(TIGR)$ Tiger's management is smart. Offer discounted shares during the Chinese bull. One more thing to take, the company has employees stock options. I reckon that many of their staff have already cashed out during the peak of $11-14. Huat to all the eligible staff, extra bonuses for them.
The Chinese government can throw in trillion of dollars into the markets and economy. They have to use their reserves unless they have alternate source of revenues. The Chinese government can't print money or issue bonds like the US to fund the stimulus because many countries will not buy their bonds, etc citing geopolitical risks. The Chinese government has now decided to use its vault to stimulate the economy. The stimulus policies must eventually resolve the structural problems facing the Chinese economy, the money spent will be just hot air. Many people did not realise that the one road one belt initiative by China over the decades have produced very little results. Many of the invested infrastructure projects are super under untilised. It may take decades to recover the investmen
$Tiger Brokers(TIGR)$ Trading in Chinese companies such as Tiger is very much for traders and short sellers who are trading in momentum. For investors, you have to do a lot of homework because you are investing for a longer term, not trading. Do not mixed up the two. Many retail investors are trapped because they mixed up. For investors, go and do your homework on how much is Tiger worth. Stockbroking industry is so competitive in Asia and around the globe. Many of the players are bleeding for years.