Waiting for Nio to pick up!
Instarted investing early 2020. I’ve lost a lot of money since then, well a lot for me. I started buying Nio when it was $57.10! I kept buying as it dropped thinking of it getting bigger someday. I don’t make a lot of money and own 200 shares. I’m in it for the long haul, I hope it pays off. 🤷🏻♀️
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Edwin Ed : Your position of $57.10 is recommended to fill up the position now and lower it, otherwise you will have to wait more than 3 years
Melissameow OP Edwin Ed : Over time I have been adding shares. My average cost now is $29.50. It’s so hard to keep buying but I know I should.
70226736 : Why did I buy it? Because I had the earliest original stock, which was only around 5 at the beginning, soared all the way to over 80. It didn't sell at that time, and then sold around 30. Now it's falling down again before I bought it, so just keep it
Hernandez610 : Did nio went that high?
AJ1977 : My avg price is $25 and I have 3000shares.
YC Xiao : NIO was called the 2nd Tesla a couple of years ago. We did right buying it but due intense competition and competitive market, it falls. Apple almost bankrupt one or two decades ago but now it is one of the highest stock. Let NIO fights all the way and hope the the best. Don't be despair, just do our best. Cheers![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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TSLA M : the truth is if you do your maths right.. we aren't going back to 58 bucks any more. Just simply do a PE and NAV computation. please stop trading if u bet home hope and wishes. just buy S&P 500.. Good Luck I hope y'all wealthy 2024. I was a bull back then. Short nio after every since nio did not hold 38.. and now every time it go above 9 to 12 bucks. Next supports 7.6, 7.0, 6.35 and 5.1. resistance 8.73