Thought of the earning report?
Personaly I think the result is good but it’s not exellent as investors expected.
With the buy back plan, new users acquisition and China recovering, Futu future is bright.
Your thoughts?
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Lewis Jessica : run 1st talk later
Breakeven TraderOP Lewis Jessica: Maybe but that’s not my strategy
Rabbit2121 : Yes. I totally agreed with you. Actually results already not bad but people expect Futu to shut like rocket. Those that stuck just keep the stock don’t sell at lost. This is a good company for long investment.
Breakeven TraderOP Rabbit2121: Also short-term traders may sell to take profits.
My Futu’s P/L is still green though
Rabbit2121 Breakeven TraderOP: I will stay long with this company. This company performance already above average.
Lone Mower : MooMoo bright in the dragon year
Lewis Jessica : If you are a traders/shorties,you need to execute the losses/profits immediately(if your lose percentage is 2-3%)to reduce the negative impact to your's portfolio.Buy back at dip,wait it to bounce back and sell it(if sudden drop is more than 10%/at this intermediate process,you already make profit 7%-8% after deduct your early loses 2-3% and the time is reduced so you can carry on for other plans)If you are an investor,this sudden drop won't give any effect to you.Just you need to hold and wait for it to bounce back.The matter is time.And that time is monies...I learned it when the last SEA stock crashed (more than 30%) at August 2023.It took 7 months for me to recover all the losses and make profit for me....