MrAdil
:
I won't be surprised to see nio crossing 10 in October. The level of fearless shorting that this stock has received is significant. Now a sharp uptrend may trigger short squeeze which will eventually increase the price.
73162089
:
UAE fund bought NIO shares last year, at price above $7. They have huge capital in hand to push NIO share price higher than $10 easily with short squeeze effect. UAE is working on introducing NIO cars into their country by end of this year as well.
MrAdil : I won't be surprised to see nio crossing 10 in October. The level of fearless shorting that this stock has received is significant. Now a sharp uptrend may trigger short squeeze which will eventually increase the price.
73162089 : UAE fund bought NIO shares last year, at price above $7. They have huge capital in hand to push NIO share price higher than $10 easily with short squeeze effect. UAE is working on introducing NIO cars into their country by end of this year as well.
101601389 : it might go above 6 but for now going down to 5 it seems