Can FUTU go to $10 ( I believe is a dying question many are afraid)
if FUTU goes to $10, means the $500 M buyback can purchase 50M shares which is around 33 pct of the total shares available to trade.
CEO LEAF -36 pct shares
ten cents - 21 pct shares
institution - 15 pct shares est
that leave around 30 pct shares available to trade. means it’s MATHEMATICALLY impossible for FUTU to reach $10. Don’t let these shorts scare you, bunch of idiots in my opinion.
$Futu Holdings Ltd(FUTU.US$
CEO LEAF -36 pct shares
ten cents - 21 pct shares
institution - 15 pct shares est
that leave around 30 pct shares available to trade. means it’s MATHEMATICALLY impossible for FUTU to reach $10. Don’t let these shorts scare you, bunch of idiots in my opinion.
$Futu Holdings Ltd(FUTU.US$
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Trader for more than 10 years, loves near term swing trades
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fkshorty123 : Spreading fear so paper hands let go.Common tactic
小聪哥_ : A total of only 64 million shares have been bought back by 300 million shares. If it falls to 10.5 billion, it will be enough to privatize.
buy-buy-buy : I just hope to get back my capital
TraderGoatOP : What’s your average price?