Michael_72

If hits above 8, the gap to 10 can be filled

Technical wise IQ always rises around hitting 16+
Overall wise US stock extremely bull with the restriction opening
Lastly China economy recovering
Short this stock today is a big gamble

6 dollars - government backing 1B, another 1B to come
Hefei agencies can buy NIO cars
Few tranches of investment
Battery swap technologies where other electric cars can use their brands
The tides has just turned and if NIO has lesser losses or even a profit ... you do the match yourself

Stale news even covid 19 become stale news after a while, in 20 days time report earning and China economy is recovering + Baidu funding.

How can short plays against government?

I was thinking what’s happens to NIO 2 days ago. Sentiment sure change fast

NIO was said to be bankrupt...hence be careful

Imagine the whole government agencies using more and more battery swap NIO and Xpeng... of course car sale volume will go up

6 dollars imagine the government support and related agencies buying NIO cars, battery swap technologies plus the recent incentives .

Something is brewing