$NIO Inc (NIO.US)$ One thing is don't worry too much, it goe...
$NIO Inc(NIO.US$ One thing is don't worry too much, it goes down It will go up.
Clearly there seems to bea orchastrated effort by these specific group "big money" to dump out that is why it cannot push upward despite HK, Singapore and China kept pushing.
But why I believe it will go up because it seems the Chinese companies like tencent and morgan stanley is buying in. The biggest funds in China.
Most important, Why I believe in this stock is the most important person is buying in, the CEO himself. It shows the confidence in the company, you should know if anyone knows about how well the company perform, he is the person that knows best. Last few months William Li holding has kept increasing.
From alot of stock it seems in general when retail holding increases, stock tend to be more optimistic. Retail holding is inceasing as well.
Just cover your margin and its going to be a slow bitter fight.
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VIVEK SURANA : Who told the CEO is buying shares? Overall stake change is 0.04% in last quarter. 0.04% change in stake in one quarter can happen naturally due to stock based compensation ,it doesn't mean he is buying.
Joejj OP VIVEK SURANA : You can search through the announcement. 0.04% how much stock is that? You sound like its insignificant.