$Tiger Brokers(TIGR)$ 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.
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Just look at the share price performance of US counterpart Robinhood, you will get a sense how the world perceive a US company vs a China company.
China company is supported by domestically due to the large population but it can’t attract the world attention especially in this era of high geopolitical tension between the West and China.
Many western funds have already under weight China stocks. Without foreign funds buying, no way a China stock can rally and sustained it. Many of the rallies are to harvest retail investors monies.
只要看看美国同行Robinhood的股价表现，你就会了解世界对美国公司与中国公司的看法。
由于人口众多，中国公司得到了国内的支持，但它无法引起世界的关注，尤其是在这个西方和中国之间地缘政治高度紧张的时代。
许多西方基金已经减持了中国股票。如果没有外国基金购买，中国股票就不可能上涨并持续下去。许多反弹都是为了收获散户投资者的资金。
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Great article, would you like to share it?