predator007
2024-03-04

$NIO Inc.(NIO)$ Earnings week should be a good one! Don’t miss out.[Smart][Smart][Smart]

This is sort of deja vu for me. I first bought $Tesla Motors(TSLA)$ shares in 2018 and in 2019 around the model 3 ramp and was able to sell some at gains at 1800% gains shortly after.

Now I’m buying NIO near 52 week lows around the 5 dollar range. They are in a better position now more than ever. In 2018 they released their first swap station and this was trading in the 6-10 dollar range. [Miser][Miser][Miser] 

Now it’s trading below 5!? Think about it. The bottom has coming![Strong][Strong][Strong]

How Will NIO Move After Earnings?
NIO released its mixed quarterly report. Revenue reached 17.1 billion RMB, a year-on-year increase of 6.5%, surpassing analysts' expectations of 16.8 billion RMB. However, in terms of profitability, the gross profit margin for the fourth quarter was 7.5%, far below analysts' expectations of 10.2%. ------------ How will Nio move after earnings? What's your target price?
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