I initiated a position in $BULL from Webull Corp.

I don't see lot talking about it at the moment.
But here's why I think the market may be underestimating Webull:
🔹Strong revenue growth driven by increasing trading activity and international expansion.
🔹High operating leverage — once the platform is built, additional users can significantly improve profitability.
🔹Multiple revenue streams: margin lending, net interest income, options trading, securities lending and premium subscriptions.
🔹Expanding beyond the U.S. into markets like Asia, Europe and Latin America, giving the company a much larger long-term addressable market.
🔹A younger, highly engaged user base that tends to generate more revenue per account than traditional brokerage clients.
🔹Capital-light business model with attractive scalability compared to many financial companies.
🔹Benefiting from long-term secular trends: retail investing, mobile-first finance and growing global participation in capital markets.
I believe the market is pricing it like just another broker, while management is building a global digital investing platform with significant operating leverage.
If management continues to execute, user growth remains strong and profitability expands over the next few years, today's valuation could look very different in hindsight.
TA-wise, weekly price nicely started riding bull market support band and it could break this 1-year old trendline.
First target will probably be $13, which would give almost 2x from these levels.