$NIO Inc (NIO.US)$Hi shorties, perhaps you have forgotten the principle of shorting is to target any stock which is overvalued or overpriced in spite of its weak fundamentals, poor financial status and inferior products or services.
In the case of NIO, its current state is thousand times better than its IPO time in terms of its rapid growing delivery, vast infra-structures, state-of-the-art technical innovations, wide product spectrums and rising penetration in the China EV market share.
Bearing...
In the case of NIO, its current state is thousand times better than its IPO time in terms of its rapid growing delivery, vast infra-structures, state-of-the-art technical innovations, wide product spectrums and rising penetration in the China EV market share.
Bearing...
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$NIO Inc (NIO.US)$
Once Nio obtains profitability, the shorts will F off.
Once Nio obtains profitability, the shorts will F off.
From YouTube
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WMC-TT OP : Based on your logic, Rivian is in a much worse position than NIO in terms of revenue and EPS. Why not you target Rivian instead of NIO?
WMC-TT OP : In my opinion, Rivian is such a good candidate to short, because it is extremely overvalued based on its current state. If NIO price is at its USD50-60 range, I would say NIO is a good candidate to short too. But it isn’t at its current price level.