$Tiger Brokers(TIGR)$TIGR reported good quarterly results for Q3 both in terms of YoY and sequential growth in revenue, net income and eps. Yet, it didn't pop like it did in the past. The growth rate of revenue and income is great. I think it will begin its slow climb from here. further gains can only be expected in 2026. This is small company. Yet, they take 2 months to report earnings results after the quarter ends, giving the short sellers and market makers to manipulate the price.
$Tiger Brokers(TIGR)$ the stock has traded below 200day moving average for last couple of weeks. Technically In bearish territory. It appears that this stock manipulated by short sellers (mostly maket makers). January calls Open Interest volume is ~300k equivalent of 30 million shares. Unless this company reports a blow out quarterly results and announces growth for next year that is similar to that of this year, it will take more time to get past 13-14 $.
$Tiger Brokers(TIGR)$ last 2 weeks stock price fell hard along with total market weakeness and pierced 200 day moving average support, Now the company has announced Q3 earnings release date (Dec. 4) and the stock may start moving higher. However 200ma, falling 50 ma and 11 $ is going be resistance areas. We may have to wait until next year before it hits $13-14 level again assuming general market comes out of correction mode and turns bullish next year. I will be buying this stock to add to my current position next week. Happy trading.
$Tiger Brokers(TIGR)$ the longer they wait to announce the date for earnings release it appears that this will keep going down as supports are broken. It is more than 6 weeks since the quarter ended. At least they can announce the date of there earnings release to calm the nerves.
$Tiger Brokers(TIGR)$ Today FUTU an Hong Kong based online brokerage and wealth management company announced its Q3 earnings- 86% revenue growth and 136% net income growth YoY. I am expecting another great Q3 numbers from TIGR as well. The stock dropped back 200ma as market selloff continued. I am still holding January 10 calls. I am thinking that market will stabilize or find a floor in 1-2 weeks, and rally again till the end of this year, if we don't get hit with any political or federal reserve surprises. Market sell offs gives opportunities to buy the best stocks at great discount and profit hugely from it. Happy Trading.
$XPeng Inc.(XPEV)$ This company has close to 700 sales centers worldwide wide. It sells about 42000 cars per month that is about 60 cars per sales center. The company doesn't breakdown sales by country or region. Likewise we don't Know where there sales centers are concentrated. i sold all my shares in this company. I'll wait to see how it is going to do next year before investing again. Happy trading.
$Tiger Brokers(TIGR)$ My earlier post regarding the earning release wasn't correct. Earnings release didn't happen today. I was mislead by some website to think it was going to be released today. Please disregard my earlier post on earning release. Thanks
$Tiger Brokers(TIGR)$ tomorrow is earnings release for the 3rd quarter. It has been quiet for last 4 weeks after it pulled back to close below 50 day moving average. 200 day moving average provided strong support during its decline form 13.55$. 50 day moving average acted as strong resistance twice in last 5 weeks. Volume is very light and half of below 50-day and 20-day average. If they deliver another strong quarterly results as they did for the last 3 quarters then it will pop tomorrow. Happy trading.