Twitter is red 3rd day in a row.
Great founder-driven business. Lots of value for their users. Growing user numbers and user metrics. Strong earnings. Beaten down artificially.
Should reverse into positive trend now.
Pre-Market announcement of US$100M Short-Term Convertible.
Unfortunately, this confirms the assumptions I made in my latest video on my YT channel "DONGXii"
> NIO is cash strapped and not able to close a big financing round.
> 1B funding rumours with GAC will not materialise (for now).
> Strategy is to finance operations through creating cash flow by selling...