$NIO Inc (NIO.US)$ Even with very strong delivery  momentum,...

$NIO Inc (NIO.US)$ Even with very strong delivery momentum, the stock is showing no strengths. It seems like investors are more interested in the gross margin and NiO's ability to reduce the cash burn. I guess the stock will mostly trade below 5 until the earning report. A good gross margin in earnings reports can provide the much needed momentum to stock.