$NIO Inc (NIO.US)$[Share Link: Down 38% in weeks! Time to sn...
So while I like NIO, I do not see the current stock price as a bargain for what remains essentially an unproven business when it comes to making profits. I am not ready to invest.
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安安稳稳过日子 : Lol at this low price point of P/S ratio at 1.1, it’s almost a no brainer to allocate a bit of your portfolio into NIO.
Your statement even though sounds quite neutral, but it’s actually an attempt to short NIO. Good try though!
Cui Nyonya Kueh OP 安安稳稳过日子 : Thanks for the insight! I didn’t realize the author had the power to influence NIO’s stock price with a neutral comment—I'll keep that in mind next time I post! As for P/S ratios, everyone has their own approach; some prefer to wait for stability, while others jump in.