So obliviously lots of people watching,,,,,,, as soon as any good news comes out about the stock it jumps,,,, which was the case with the target price set by Nomura to $80.30.
Once the company or any financial institution announces anything good,,,,, expect the price to jump , just like NIO days same thing,,, big jump after Nio Days. I buy the lows or dips and then wait for any upcoming news or PR and as soon as it hits and the price goes up I sell and wait for dips to buy in again, but that's just ME.
As mentioned this stock jumps with any news or target updates.
As always this is just my opinion and I am not a financial adviser, and thanks for those who took part in my sons School survey.
As mentioned a very high percentage of you agree that this stock is gonna keep climbing.
Thanks bro. Was having a conversation with my 18 yr old daughter about evs and nio. Currently from what I read evs are at about 3% of all automobiles on the road rite now. With all of the rage being renewable energy this EV market is just scratching the surface. Don't want to go to in-depth here but nio and all evs will only climb from here. The amazing thing that I can't come to grips with is ford. They are heavy moving that direction and yet that price is very cheap still. Will it also climb like that as they transition to more and more evs? Anyway, just my thoughts. Oh, and she is doing a paper that needs to be 6-8 pages for college writing. Take care.
NorthCountry
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@glapo, Yes Ford has announced that they are going to build a new factory in Canada, just like GM, Also try not to forget that Fords Debt to Equity Ration is 4.7 which is very high and might have something to do with the share price. Ford Market cap is 40 B, NIO is 80 B which is nots and the D to R is 1.2 which is considered safe.
huangji8
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Thank you for the analysis!!
NorthCountry
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@huangji8, We still have to watch and be careful in these times