Death Spiral
$NIO Inc (NIO.US)$ NIO is in a death spiral to bankruptcy. The current cost structure doesn't support current sales volume, stock price will get delisted at the current pace of decline.
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Dragon Fish : So fast delisted? Delisted from which market. US or HK or Singapore market?
70552586 OP Dragon Fish : The only market that has liquidity, the U. S. All
Other markets are side shows and don’t count
74216494 : Yep. Smart business for the Chinese, let the stupid foreign investors lose their money buying NIO, and then to buy the crumbles of NIO for pennies. May be, even "The Leading ZERO" of NIO is SHORTing against his own position. At least, one success for him :-)