$NIO Inc (NIO.US)$ that is my view in the short term. It has almost doubled from ~3.6 bottom few months ago. Not bad.
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$NIO Inc (NIO.US)$ look at this. Can someone confirm that the chart below shows that there is no more shares to be shorted available in NYSE yesterday? If so, can we expect a short squeeze today?
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$NIO Inc (NIO.US)$ Daily stock price increases despite massive shorting for the last 3 days. Intraday price is very volatile though.
$NIO Inc (NIO.US)$ What do you guys think? Temporary pull back? Stabilizing? Bull trap?
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$NIO Inc (NIO.US)$ some reasons why Nio is green today:
1. Nio is finally going into mass-market with Alps and Firefly. Alps delivery will start on Q3 this year.
2. Company trimming starts to take effect from 2024 Q1, further reducing company's expenses
3. Battery swapping infrastructure is ready to be used for mass market. Alps will be compatible with battery swap station gen 3. Last year, Nio built several hundreds of those.
4. Battery swapping will be opened for many o...
1. Nio is finally going into mass-market with Alps and Firefly. Alps delivery will start on Q3 this year.
2. Company trimming starts to take effect from 2024 Q1, further reducing company's expenses
3. Battery swapping infrastructure is ready to be used for mass market. Alps will be compatible with battery swap station gen 3. Last year, Nio built several hundreds of those.
4. Battery swapping will be opened for many o...
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