$TIGR πŸ… incredibly undervalued after great earnings expecting a big move short and long term.

This is not a short squeeze just a good old fashioned undervalued growth name: Funds have been increasing their positions in this name for 12 months straight, below are the stats on the number of funds holding a position at the end of the quarter and the growth rate quarter over quarter. ​ Data provided by marketsmith ​ Earnings Highlights from 10th September 2021 ​ Total revenues increased 98.7% year-over-year to US$60.2 million. Total net revenues increased 95.0% year-over-year to US$55.4 million. Net loss was US$21.5 million compared to a net income of US$4.4 million in the same quarter of last year. Net loss attributable to UP Fintech was US$21.5 million compared to a net income of US$2.9 million in the same quarter of last year. Non-GAAP net loss attributable to UP Fintech was US$4.4 million, compared to a non-GAAP net income of US$4.7 million in the same quarter of last year. A reconciliation of non-GAAP financial metrics to the most comparable GAAP metrics is set forth below. Operating Highlights for Second Quarter 2021 Total account balance increased 188.9% year-over-year to US$23.9 billion. Total margin financing and securities lending balance increased 187.7% year-over-year to US$3.5 billion. Total number of customers with deposits increased 215.2% year-over-year to 529.1 thousand. Quite a few people saw the headline of an increased net loss and a lower than expected EPS haven't they haven't taken into consideration that the funds where used for GROWTH. See below: "We increased investment in self clearing, user acquisition and talent recruiting, which are essential to our future growth, which resulted in increasing operating costs and expenses compared to same quarter last year" I personally have a position from open at $14.19 then added at $15.04 I like this for a potential swing and longer term play. ​ https://preview.redd.it/wplrlf61bpm71.png?width=2402&format=png&auto=webp&s=c8b5a0e056834166fb5b91d329fb3752ef2f732b Disclaimer: I trade for a living and not every trade will work such as the $XL trade. Which is why I have risk management in place.

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Stonkgang_

Sep 10, 2021

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$TIGR πŸ… incredibly undervalued after great earnings expecting a big move short and long term.

bullish

This is not a short squeeze just a good old fashioned undervalued growth name:

Funds have been increasing their positions in this name for 12 months straight, below are the stats on the number of funds holding a position at the end of the quarter and the growth rate quarter over quarter.

​

Data provided by marketsmith

​

Earnings Highlights from 10th September 2021

​

  • Total revenues increased 98.7% year-over-year to US$60.2 million.
  • Total net revenues increased 95.0% year-over-year to US$55.4 million.
  • Net loss was US$21.5 million compared to a net income of US$4.4 million in the same quarter of last year.
  • Net loss attributable to UP Fintech was US$21.5 million compared to a net income of US$2.9 million in the same quarter of last year.
  • Non-GAAP net loss attributable to UP Fintech was US$4.4 million, compared to a non-GAAP net income of US$4.7 million in the same quarter of last year. A reconciliation of non-GAAP financial metrics to the most comparable GAAP metrics is set forth below.

Operating Highlights for Second Quarter 2021

  • Total account balance increased 188.9% year-over-year to US$23.9 billion.
  • Total margin financing and securities lending balance increased 187.7% year-over-year to US$3.5 billion.
  • Total number of customers with deposits increased 215.2% year-over-year to 529.1 thousand.

Quite a few people saw the headline of an increased net loss and a lower than expected EPS haven't they haven't taken into consideration that the funds where used for GROWTH.

See below:

"We increased investment in self clearing, user acquisition and talent recruiting, which are essential to our future growth, which resulted in increasing operating costs and expenses compared to same quarter last year"

I personally have a position from open at $14.19 then added at $15.04 I like this for a potential swing and longer term play.

​



Disclaimer: I trade for a living and not every trade will work such as the $XL trade. Which is why I have risk management in place.

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read-time
1 min

20.00

Target Price

6/ 10

Confidence

1-2 Months

Timeframe
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