$Tiger Brokers(TIGR)$ Look at the swing in share price. Good for traders. For investors, be very cautious. A lot of people stuck at $10 and above. Those who subscribed at $6.25 as well as those who purchased during the major correction are in the money now. These people have the desire to offload. If they continue to wait, hoping for $10 and above, and suddenly a major sell down occurs again, their profits will be eroded. Wait for clear signal. It has to cross $8, $9 and $10 convincely, not large swings. Large swing is normally caused by traders and insiders.
$Tiger Brokers(TIGR)$ As expected, pre-market down 11% as profit taking sets in. The stimulus news is overshadowed by upcoming Trump's administration. Funds are forward looking. Many fund managers are avoiding Chinese stocks. Without support from global fund managers, Chinese stocks won't rally for long.
$Tiger Brokers(TIGR)$ Let the invisible hands push the share price above $10 to attract new takers. First batch of beneficiaries is those who subscribed at $6.25. Second batch would be those purchased from $5 to $10 in the last rally 2 months ago.
$Tiger Brokers(TIGR)$ 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 from 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