Covering My Shorts
$NIO Inc (NIO.US)$ I’m covering my shorts for now and will reload later. Shorting NIO is the only way to make profits in this company. Great product but shitty execution and non talented management.
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Winner takes all : too early probably below 3 dollars or even lower
70552586 OP : Yes, probably too early, but the market might rally if NVDA has great forecast for next quarter. I also think NIO will file for bankruptcy by late 2025/2026, so I will reshort more aggressively on all bounces in the stock price. Anyone who is long is fooling them self with company
74216494 70552586 OP : Covering too, on this new dip. Will re-short after uptick.