Webull still looks too bubbly on valuation compared with other fintechs, even though it is a good broker. x.com 

Webull's historical ties to China make it one to avoid; per another investor's post, its Cayman Islands-incorporated parent has faced scrutiny over those ties. x.com 

Webull looks cheap against its sales at $9.48. It trades at 3x sales, while software companies usually get 9x. Applying 9x to next year's sales, give or take 12%, gives a fair range of $18.01 to $22.92, leaving the stock 47% under the low end. This is a levels-only read off reported earnings and revenue estimates, with no fundamental work. x.com 

Webull faces a national-security overhang from its China ties. Per CNBC, citing House congressional panel findings, Webull's China ties are a national security risk, and the stock dropped 10%. The core problem is that Webull controls $25B of customer assets and allegedly routes retail data through a mainland development team. The CEO has sold 200k shares since late August, and other insiders have also been selling. x.com  x.com 

Webull's ties to China are a liability, as warned earlier. Per a quoted post, the stock fell nearly 30% after a House panel flagged those ties as a national security risk and raised concerns about US investor data. x.com 

Webull looks too cheap and Robinhood too expensive. Webull's Q2 revenue rose 51%, options volume 68%, equity volume 73% and operating profit 169%, with a 31% operating margin and AUM up 79%. It trades at 4.6x 2026 and 3.7x 2027 EV/revenue, versus 18.8x and 14.8x for Robinhood, which is a much bigger, better company but has only 6.5x more revenue with 26x the enterprise value. On 2027 non-GAAP EPS estimates, Webull trades at 25x versus 31x for Robinhood. x.com  x.com 

Webull faces a serious blow from the news of a China national security risk tied to it. x.com  x.com 

Robinhood exploits its customers for its own benefit through Gold membership, payment for order flow and encouragement of day trading. Its prediction and gambling markets reinforce that view. SoFi, by contrast, is the company that seems to work in customers' best interest. x.com  x.com 

Webull's strong second-quarter report has triggered another Stage 2 breakout in the stock. Adjusted EPS came in at $0.12 against a $0.03 estimate, and sales of $198.8 million beat the $181.3 million expected. x.com  x.com 

Robinhood's hard push into gambling features makes the stock tempting to sell, because management's words and actions are misaligned. Executives preach steady wealth-building and frame gambling features as wise hedges, yet the app promotes them squarely as gambling. That approach will never attract serious investors. Platform improvements have made Robinhood a winner in a brutal fintech space, and a more graceful rollout would ease the concern. x.com  x.com  x.com  x.com