Tiger vs MooMoo Broker (Free money / Free 1 AAPL share)

[dappermen]

Thanks! Oh man, dang. If it's only by multiples of 10USD stock cards, definitely there will be balance that gone to waste, right?

yes! hence all prayg 4 those stks to drop to a full amt or below 10USD

 

[eDisFieD]

yes! hence all prayg 4 those stks to drop to a full amt or below 10USD

Let's hope so!

But it just makes me wonder what's the rationale behind when Moomoo came out with stock cards (can see whole chicken, but cannot eat it whole).

 

[limwpk]

BB actually dropped below 10usd on Friday but recovered to close above 10usd.

 

[IronMan123]

Finally Treasure Tasks appeared. But if the stock prices never come down, how to redeem the stock card sia? Why moomoo hope people to pray for market to drop/crash in order to get USD10 share rather than wish market to go up? No logic...

 

[wutawa]

Does the 10USD GE/BB stock card work like a stock voucher? To offset the current share price when buying GE/BB?

no, the card cant be used to offset. the share can only be redeemed using card(s) value.

Finally Treasure Tasks appeared. But if the stock prices never come down, how to redeem the stock card sia? Why moomoo hope people to pray for market to drop/crash in order to get USD10 share rather than wish market to go up? No logic...

Let's hope so!

But it just makes me wonder what's the rationale behind when Moomoo came out with stock cards (can see whole chicken, but cannot eat it whole).

for now, both ge and bb are above $10 and below $20, so they give 2x$10 cards for both stocks to claim. i guess the idea to give cards instead of share directly is to explore future expansion (universal card) on the points system and events. they want cust remain involved with moomoo, rather than to just take and go.

 

[torrent06]

Finally Treasure Tasks appeared. But if the stock prices never come down, how to redeem the stock card sia? Why moomoo hope people to pray for market to drop/crash in order to get USD10 share rather than wish market to go up? No logic...

You can collect more stock cards through other activities eg the paper trading competition.

 

[IronMan123]

Can I made BB stock card redemption on pre market if the share price drop below US$10?
If they start the paper trading competition early, high chance to get a spot there as I trade AMC and GME and these shares suddenly boom and pop ....

 

[torrent06]

Can I made BB stock card redemption on pre market if the share price drop below US$10?
If they start the paper trading competition early, high chance to get a spot there as I trade AMC and GME and these shares suddenly boom and pop ....

The competition doesn’t include pre-market hours if that’s what you’re asking. But you don’t need to get a spot to get a BB card. Just paper trade for 7 days.

 

[wutawa]

Can I made BB stock card redemption on pre market if the share price drop below US$10?
If they start the paper trading competition early, high chance to get a spot there as I trade AMC and GME and these shares suddenly boom and pop ....

haha, now we all know pre-market price not reflected in card reference price.

 

[IronMan123]

Ok now figure out how to play this stock card liao. Thanks all for the detail explanation. Now already have 2 GE & 2 BB stock cards. BB most likely able to redeem when market open as the share from like below $10 at pre market.

 

[alchemist_acid]

What will happen to the GE shares after the reverse split? Assuming i have less than 8 shares
Moomoo will auto sell it and i incur a trade? Or auto convert to USD free of charge?

 

[firexed]

Can't access my BB stock card on Moomoo app, showing 'Request failed'. Anyone else have the same problem ?

 

[jtec14]

Can't access my BB stock card on Moomoo app. Anyone else have the same problem ?

Lol, I think the no of people trying to redeem crashed it or was brought down to prevent mass redemptions.

 

[IronMan123]

Cannot redeem BB. Server down...

 

[jtec14]

Go to 3 dots on top right and click view in browser, just managed to redeem in browser after numerous tries.

 

[IronMan123]

Fully redeemed for today

 

[jtec14]

Fully redeemed for today

Go try now, someone mentioned in moomoo app, can redeem again

 

[lance88]

Once redeemed, does it immediately appear in your trade?

 

[torrent06]

Once redeemed, does it immediately appear in your trade?

It will be under pending status. Need to wait up to 5 working days before it can be sold.

 

[IronMan123]

Once redeemed, does it immediately appear in your trade?

It didn't appear under trade. It will appear after 3 days later. Now awaiting for GE to drop to $10. Finger crossed