$NIO Inc (NIO.US)$ This Monday and Tuesday when NIO.US was a...

mask woon : How much have I lost

TWP PaPa : whole markets are red it is not just Nio.

AhWai : Buy

70628772 OP mask woon : Not sell yet. So the loss is unrealized, current around 500 USD. My NIO cost is around 11.40 (I think it is too high). I have a guess that, since the geopolitical tense between China and the US, and zero-covid policy ("a bit" loose), NIO's share price should stay below 12 for a while. If it breaks 12 occasionally, whatever just sell it because the good news about these two countries has short term effect (3-5 days). Two days ago, a person on NIO.HK showed that, most NIO bagholder's cost is around 11.7 - 11.8. Maybe it is the reason why the institutions push NIO down below 12 -- if NIO breaks 12, most bagholders (a.k.a. leek ) would run away. Sigh...

70628772 OP TWP PaPa : Yeah I totally agree with you. This bad performance seems like a rest for NIO from an excitement that has happened in the past two weeks. Chinese ADR's SP have a bad year of 2022, and probably it would keep low until 2023 Q1 - Q2. Thus, I want to dump NIO asap in this transient excitement period.