beedeebee : if this is overvalued, I dunno what to say about US companies
Andrew GlassOP beedeebee: Yes a lot of US companies are overvalued I agree. But compare this to its competitors… like Robinhood. It is way overvalued.
luxcan Andrew GlassOP: But robinhood is still making losses compared to Futu who is profitable with a PE ratio less than 20
Chase21 Andrew GlassOP: What is the metric you’re using that this Futu is overvalued against robinhood? Not disagreeing, just wanted to understand.
Moomoo Lily : Hi, @Moomoo Buddy Please assist. Thanks!
Trytosaveabit : The only thing I can offer is I think different MM’s will use market orders to assist them in manipulating the Price! I noticed a big change in how MO get filled a couple months into Covid BS! I didn’t use it much but when I noticed more of what your saying! I since use Limit orders exclusively!
bullrider_21 : I have never used Etrade before. So I don't know.
MonkeyGeeOP Trytosaveabit: I know. but when you see the bid and ask price stacked, you would think you get something within that range right. How would you get a price that is out from nowhere. That was 20 years ago, so I forgive them for that even though they couldn't explain it. Now, looking at order price reacting to my input before submitting is Ridiculous.
Trytosaveabit MonkeyGeeOP: Again! Because of the disclaimer when using market order says, paraphrasing here ( no guarantee that it won’t fill below your price ). I know that this is very cynical! But i believe a market order gives corrupt MM’s to much leeway to use market orders for unseemly purposes! Again I could be way wrong? And I know I’m very cynical but just like the dark pool has moved so far from its original intent to corrupt use! JMO
102417449 : It is very risky it is already so high some big guy playing once he left every one will loose money
moomooZeski : My 6 yr old daughter is going to LOVE the life size MooCow. She collects the FUTU-MooMoosiz (her vocab, not mine lol) figurines! Love the FUTUMooMooSWAG!
soyabean89 : free futu share would be a great offer too
Mars MoooOP soyabean89:
Free $Futu Holdings Ltd (FUTU.US)$ shares giveaway.
I like your idea!
Nice!
Guyoukaya : Does anyone gets the 80% off from the spin ever?
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FollowTradePlan : lol ?
Andrew Glass : This makes no sense… lol