Just a tot..Nio buyers maybe investors too
$NIO Inc (NIO.US)$ Those who can afford a Nio car may be an executive or holding manager's post, some may have Access to HK stock exchange and also supporting Nio if Nio down who is going to service their car and where will be more swap stations and Nio cafe ?
Nio community are actually a network biz for like-minded people.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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VIVEK SURANA : Yes, because of that immense support, the stock it trading below IPO prices even after 6 years.
TWP PaPa OP VIVEK SURANA : because many think the swap is cash burn till now...wake up from nightmare, bro..
VIVEK SURANA TWP PaPa OP : Till now? What has changed suddenly? It is still burning cash it lost money last quarter also, and it will lose money for a few more years CEO himself told that they are still only doing 35 swaps only they need to do to 60 to break even. NiO is not going to make any money for two more years. The price jump in stock is nothing bullish it only the correction bsince stock was undervalued. After earning report all analysts set the price target of 5 to 8 dollors
TWP PaPa OP VIVEK SURANA : you do your, I do mine...LOL