$Tiger Brokers(TIGR)$everyone complaining why dropping but no one want to buy it. Ironic. of course it will keep dropping because it is getting shorted and paper hands are selling. Hodl if you're not averaging down.
$Tiger Brokers(TIGR)$fundamentally this is still a decent company with working operation and good revenue and in the midst of expansion. It's just getting shorted everyday with low volume and the prices getting pressed down. Have patience and continue averaging it. It'll fly soon.
$Tiger Brokers(TIGR)$sso much shares shorted. This is still building up for a squeeze Short Interest % Float 32.89% - source: NASDAQ (short interest), Capital IQ (float)Dark Pool Short Volume 2,688,125 shares - source: FINRADark Pool Short Volume Ratio 54.38% - source: FINRARA
$Tiger Brokers(TIGR)$Most importantly, forward guidance for tomorrow ER. with more brokerage licenses and more revenues from oversea, regulatory risks are negligible. And Tigr will be listed on the index fund too. What's better than that.
$Tiger Brokers(TIGR)$i don't know what's the fear for tigr and futu. It shouldn't be compared to Didi, Didi went on to list in US when they are told not to and it's getting delisted just because of that. China already released statement that they will provide help for companies to stay listed on Nasdaq. even in the worse case scenario, tigr is not allowed to have China customers, more than 80% of their paying clients aren't from China. That is the worse case scenario and it's still profiting. This is a gross over reaction. For the shorts, you can gloat all you want, I'm in for long term.