$NIO Inc (NIO.US)$ NiO stock performed so badly when US sto...
$NIO Inc (NIO.US)$ NiO stock performed so badly when US stock market was actually flying whole year. What will happen when US market itself go in to bear run?
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73894879 : Hell will break loose...If the market goes up, she goes down. If market goes down, she definitely goes down.
Boone Wong : ...then it will be very attractive to buy more.
bullrider_21 : The situation will reverse. Stocks which performed the best will perform the worst. Such as Tesla. Stocks that performed the worst will perform the best such as Nio and Xpeng. Investors will look for undervalued stocks.
Moreover, US GDP is growing at 1.6% while China GDP is growing at 5%.
VIVEK SURANA OP bullrider_21 : Nobody touches the loss-making company in bear market.
bullrider_21 VIVEK SURANA OP : Every possible reason and excuse have been used to bash down those stocks already. Even with good data.
VIVEK SURANA OP bullrider_21 : Agreed. That's why management should show some confidence and promises in the next earning call, vague projection won't work. If management is unable to fight back in earning calls, then this stock will be obliterated.
ZnWC VIVEK SURANA OP : Nio stock weak performance is mainly due to the company's fundamental issues and poor management of cost.
Someone advised others to "buy Nio at dip" more than a year ago. He also shared many TA charts about Nio predicting the share price would rebound. Now he is saying Nio is "the worst becoming the best" with no solid data to back the claim.
He clouded the issue by bringing in Tesla. Nio stock performance is never about other stocks like Tesla. His intention is just to mislead others with his anti-Tesla mindset.
ZnWC VIVEK SURANA OP : As I said before almost all EV brands claimed their July delivery is the best (including BYD) hence Nio "good data" is no big deal.
There are always people shouting "the stock is cheap ... attractive to buy more" but they never share their trading transactions and losses.