$NIO Inc (NIO.US)$ people are asking why stock price is low...
$NIO Inc (NIO.US)$ people are asking why stock price is low when deliveries are record. I see couple of reason
(1) Brainless spending on foreign exapnsion and non core projects
(2) Lier management , CFO last year was saying they were confident to deliver 30 k cars per month in the 4th quarter 2023. But even now, NiO doesn't have the capacity to build more than 20k cars. management was also projecting profitability for full year in 2024
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
101601389 : it is not nio problem, whole market is down
VIVEK SURANA OP 101601389 : what was happening to NiO when whole market was up? chek the YTD performance of s&p, and Nasdaq. Why NiO is leading EV stock in term of drop yesterday? Nasdaq drop 2.3 % NiO drop 9%.
101601389 : what do you say about Nvidia then?
VIVEK SURANA OP 101601389 : Check NVIDIA's YTD performance, check its 3 year performance, check it 5 year performance. I am not talking about 1 or 2 days. NiO stock is 30% down from IPO price.
103484522 : there is 10 million short yesterday .so drop because of short to panic small.imvestors .Jus dnt sell low to shorties .can buy on dips onvo will sell more than tesla .no need charge in rain or snow .Just 2.4 min swap and 90k cheaper than tesla with v2g so can earn free coffee. no battery degration issue
VIVEK SURANA OP 103484522 : if you check the list for most shorted shares, then NiO is nowhere close to most shroted shares. The short volume for NiO is quite normal, and it's like this only for a long time.
ZnWC : NIO share price fell more than 2% hit below 4 USD. The share price fell more than 7% yesterday.
The EV stocks are facing sell-off but NIO is the hardest hit. All EV brands claim their July's delivery is the best hence there's nothing great about Nio sale figures in July.
As mentioned previously, investors are waiting for solid data not unrealistic delivery forecast or vague remarks.
4 Unknowns about Nio's ONVO L60 amid to be launched in late September
https://www.moomoo.com/community/feed/112884943814662?share_code=01bMW5
74216494 : NIO on its path to a new multi-year Low. NIO management has no credibility, overpromising and underdelivering. Already 2021 they promised 600,000 units production capacity end of 2022. Nio targets annual production capacity of 600,000 units by end of 2022, according to Deutsche Bank or remember the CFO, who stated beginning of 2023, that about 240,000 deliveries are highly probable. Not even to be reached this year. NIO stands for No Investment Opportunity. SHORT, SHORT, SHORT. "The Leading ZERO" , Mr. LiE, is on my (SHORTs) side. For years, already. Fire the CEO, and I will go long.
104631563 : Lol you guy work for same company that trying to brong down nio price by spreading lies. Is your boss trying to buy NIO share at cheap price?
VIVEK SURANA OP 104631563 : lies? you can see the source " cnevpost.com " in my post.
View more comments...