Sponge investor
commented on
$NIO Inc (NIO.US)$ Stay Short NIO
This company's cost structure doesn't support their small revenue base and will be bankrupt in 2Q 2025 or dilute current investor more. Either way, the stock is goingto zero
This company's cost structure doesn't support their small revenue base and will be bankrupt in 2Q 2025 or dilute current investor more. Either way, the stock is goingto zero
7
5
Sponge investor
reacted to and commented on
3
4
$Himax Technologies (HIMX.US)$ 7.55 seems like our area of support, 8.50 is our resistance, daily chart looks concerning along with the double top confirmation, monthly’s KST doesn’t look healthy, might get 3 green ticks up on the TTM squeeze just for it to go back down, I still think the RSI being over 70 is the reason of this dipping back down indacating its overbought.
Sponge investor 103484522 : You remember how Netflix was only 5.99 a month? Yeahhhh battery swap won’t be free for long either, capitalism for the win & they are not profitable. Major R&D cash burning, operating costs, production costs, borrowing money from JP Morgan to stay operating, that’s what I call a slippery slope my friend.