Today I'm going to "SHORT" AMTD as I think they are going to make their earnings, but when asked about all the customers they are losing because of the new platform they will be screwed.
Remember, they changed the platform within the 30 day black-out period. All the Customers they are losing won't show up till the next report.
AMTD could see 20% downside and might never recover till they go back to "STREAMER".
It stands to reason any new customers would check all source of information about AMTD and this BB does not paint a happy picture. Would I open a new account for trading with AMTD? No way. One can test try all online platforms and make a decision. It becomes very evident TA is not ready for prime time.It would be rated at the bottom. . They could have contracted with Oracle for assistance to covert streamer to a newer JAVA base platform. JAVA is alive and is working for other online brokers. Think 0r Drown is JAVA
I can not see an influx of new customers. It will affected the bottom line.