Nio
Anyone invest in nio? I put 4k in a week ago and since then its going down like a rock!!! Da fuq! The cnn 12 month forecast seemed too good to be true https://money.cnn.com/quote/forecast/forecast.html?symb=nio i hope it recovers #personalfinance #investments
Buy high sell low, ur doing just fine.
No wonder ur at national airlines
Thanks, it wasn't easy but I was able to make it. Keep trying.
Investing strategy is Buy High and Sell Low homie. You are doing fine.
Just hold rofl. You bought at the top what do you expect. If you got more money add double right this moment. Let it sit through 2021, you will definitely beat the market, or those index fund by a large margin. It ran up too much with too much hype built up. Now the selling is to remove dumb fuck who chased the hype. Then it will go up again. Nio at least 60$ by end 2021. Could be 150$ even, we will see if another hype built up next year Source: several investment banker family member in China.
It depends on the growth. Because There are so many EV companies. So it may be 30$ or 100$
You just showed your ignorance about the company with your statements. No one is going to compete with NIO in China outside of Tesla. Market share is big enough to fit NIO perfectly. Tesla has popularity amount retail customer. NIO got all existing government contract. Tell me again which freaking company is competing against nio properly? Beijing alone will allow nio to double or triple in size. Beijing’s population is almost 1/10 of USA entire population.
I put 10k in both xpev and li separately . Will wait for it to stabilize so I can buy more and lower average cost price
I have 500@11. I’m long so not worried about the drop.
I also had 500@20 ish, I sold yesterday because of the delisting news.
Even in China, we call this bubble or the scam. NIO obviously have no strong support from government. I would rather bet on other companies like BYD or Tesla
Oh really? I thought NIO is the only clean and high potential EV stock coming out of China. I was long on it and wasn't planning to sell
Normal movement after a large run up. Should be ok long term. I think they satisfy regulatory requirements even the new ones that passed the house. If you are a technical trader, I think it hit the support level and should continue to go up unless there is bad news.
Rofl, meme stocks can go down!? Shocking. Maybe invest more in Kodak instead. Ev is insanely over valued and due for a much larger reality check.
Any thoughts on this - https://www.barrons.com/articles/house-passes-china-delisting-bill-what-that-means-for-nio-li-auto-and-xpeng-stock-51606952640 How could this impact the stock price of these companies in next 1 year or so?
My understanding is NIO was prepared for this and already meets the standards.
This is a post for WSB