$NIO Inc.(NIO)$ Sellers must h

Sellers must have trapped many peanuts to be roasted. Nio promoters assisted in the buying. Nio believers buying for year end outlook. Peanuts just rush in and now need to rush out. Cheap peanuts for all who wants to buy.

Safe bet $4.10 and below. Buy now if you want to sell lower.

🥜 🥜 🥜

NIO Issues New Shares: Is It Still Worth Investing?

NIO's US pre-market shares plummeted sharply, currently down nearly 7%. The company plans to issue shares at a price of HK$29.46 per share, offering up to 118.79 million Class A ordinary shares. The company intends to use the net proceeds from the stock placement for the development of smart electric vehicle technology and new products. Other China EV companies have successfully transformed, especially Xpeng, which has risen 70% this year. Is NIO still worth investing in? Will its stock price drop below the previous low? What is your target price?

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