Julong Holding Limited JLHL-40.26% is down 23% in pre-market as of today ( Monday July 13th ). I expect the stock to eventually follow the trajectory of all the stocks issued and promoted by US Tiger Securities, the US brokerage arm of Up Fintech Holdings ( TIGR-3.14% ).  

Talking is cheap, writing even more so. Many financial analysts have recklessly highlighted Up Fintech as a rare bird, a strong brand equity popular Financial App that can successfully pivot out of its recent regulatory issues within the heavy handed Chinese Financial market. 

I disagree with their thesis. Unlike other popular financial apps that merely gamify their operations to attract unsophisticated retail traders, the case against Up Fintech rests on its long history of issuing and promoting “Vampirestocks.” Thus, the case against Up Fintech leads to a clear conclusion: Up Fintech Holdings (TIGR -3.98%↓) is a structurally impaired asset. 

The low valuation multiples are completely justified because the market is factoring in a toxic underlying revenue mix, persistent legal defense costs, and a business model structurally built on underwriting high-risk microcap promotions.  
True value investing relies on buying a mispriced stream of future cash flows; buying TIGR means buying a compounding stream of regulatory penalties and litigation.

VERDICT: AVOID!!!!!!!  
( Let’s all watch and follow JLHL-40.26% for a live case study of Speculative vampirism.)

Up Fintech Holdings (Nasdaq: TIGR), a Value "crap." A live case with $LJHL