NIO - very popular among retail investors and stock market enthusiasts Chinese company is a centre point of attention since it dropped over 50% for the past few weeks. Good news for all traders who bought for $60 and become long term holders! NIO will soon drop to $20 and then "To The MOON" So hold your horses, sell your kidneys and set Buy Limit orders :D It's not financial advice!!!
I'm waiting impatiently for my chance to join the party of long term investors at a price of 21USD. I Hope news about Apple bringing Apple Car to the party will not cause the drop back to $10
@pao-funding, NIO is one USA standard compliance audit from being Luckin Coffee 2.0.
$20 is an extremely generous share price, for a company that has delivered only 5,578 vehicles in 2021, in the Chinese market.
NIO puts are the new money printer brrrrrrrrrrrrrrrrr.
rlaishram
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@Attrition_, That is what they said about TSLA few years back. If you are a day trader then you will loose. Not every Chinese company is not Luckin Coffee. NIO made lots of money for me. I bought this at 1.75 and I sold all the way at 62. I still have few thousands shares and will be holding it for a long time.
Attrition_
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@rlaishram, That's the point. NIO already went to the moon. People are buying it at 60$, 50$ 40$ and expecting it to go where? $200, $400? It already peaked during an extreme bull market.
themrchris41
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@Attrition_, Please go buy some more maryjane stock and fly, fly, fly
ThinkLikeaWhaleTLAW
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@Attrition_,
Great points on this post and your post before👍
RafalZuchowicz
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@pao-funding at what price did you become a holder?