@NikosDimopoulos, simple, death spiral and bankruptcy within a few years.
dferrari88
β
@brokerbob, How are they going bankrupt if they have the backing of the Chinese Government? Chinese Government going to make sure they never going bankrupt. Not saying the stock price going to turn around because NIO is about to figure its sh*t out, but they aren't going bankrupt...ever.
brokerbob
β
@dferrari88, no bottom in sight dude. stock is down literally 10% per week on average. i dont think china really cares if NIO goes bankrupt lol the flags are all there for bankruptcy. death spiral, major debt, uncontrollable spending by CEO, horrible sales. what more do you need? lol
NikosDimopoulos
β
@brokerbob we will be here and we will see my friend