Did not address the elephant in the room. That's why stock can't move much. What's its position with regard to China market? Anymore regulatory compliance issue? If no, why did it not emphasise its business model to refute any negative sentiments? Whats 2021 net income YTD and its full year forecast? No mention of marketing spend. If I remember correctly last quarter reported a loss..so what's the overall picture now?
$Futu Holdings Limited(FUTU)$Don’t understandthe maths.... Issue 9.5m ADS. And 1ADS is 8ADS share. So total issued is 76mil shares at offer price of $153. Current shares outstanding is 111m. So share dilution is about 31.5%... so stock price should be around $105? ($153 -31.5%)... is that how the maths works?
Unless you're invested in a fraudulent company, the bears hardly get to you with so much liquidity and new businesses coming on.. So not sure if what he's saying is totally relevant.