Marico Samuel
06-17

$NIO Inc.(NIO)$ - I was wrong about the stock and I am willing to admit it.

My original plan was to hold until the end of 2025. Back in 2021 it was a sound analysis and even generous with the timeline.

Now, in all seriousness, I have limited trust in the management.

I will never applaud:

”High tech”

”Great products”

”Safety”

”Customer service”[Grin]

- and any other highlighted benchmarks for that matter.

In my book: fairytales - as long as financials don’t improve.[Smart]

The market is usually right. Nio is trading at $3,50 - at the verge of bankruptcy. The market is correct. Wake up!

The more Nio sells - the greater the loss.

At this point the stock is almost overvalued. And that is facts.

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Comments

  • AnaiAnai
    06-18
    AnaiAnai
    No one knows the lowest it can go? Bet as what you think is a reasonable entry price. Nio CEO is unable to control the share price as he has no extra cash to buy back Nio shares.
  • AnaiAnai
    06-18
    AnaiAnai
    based on analysts average price is 4.96 so Nio is not undervalued now. The only problem why the price is so low now is bcos the price is controlled by the shorties. [LOL]
  • Meoooow
    06-17
    Meoooow
    Aim for $3.20?
    It's a big bargain.  Best deal.

    🥜 🥜 🥜

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