NIO—It’s just beginning of a great journey.
I have been following the company since Day 1 that I open my stock account. Got in when $NIO Inc(NIO.US$ was around $6.5 on June.Eversince its been at least %70 of my portfolio, often times %100.
Overly diversified portfolio is not my thing, I personaly like the notion of keep all my eggs in as fewer baskets possible.Therefore I can keep closest track of my investment.
Thus,I have spent majority of my time in the past four months researching all the infos that’s avaliable , in order to get the best understanding of this comoany.
Here are some of my thoughts on current status of NIO:
#1
Is NIO over priced ?
Yes and no. Yes, when you are not planing to hold it for long term. It's not, if you could just think of how much it will be worth in 6-12 months.
We all know for fact that “NIO” would had been over $100 per share if it were a US company.
We all know for fact that “NIO” would had been over $100 per share if it were a US company.
#2
Will there be a major correction in the near future?
Last round of dilution(Sep) is going to get unlocked next Monday. Impossible to time the correction but %10-%15 give back wouldn’t be a suprise to me. Most importantly always remmeber buy at dips in order to accumulate as much share as you can.
#3
What’s causing massive rallying of NIO ?
1,Striving of Tesla in China.
2,Chinese goverment pouring enomous effort and funding to expand EV industry and infrastructure.
3,NIO is by far #1 in customer service, product quality.
4, Customer centric eco-system.Baas,NOP, carefree package, expansion and standarization of bettery swapping technology In China.
5， Healthy cash flow, EU expansion and two new saden model's on the way. Positive gross margin in the vehicles, incredible growth yearly.
6,Awaken regonition towards EV industry potential from investment institutions.
Its been a tough year , I just wanna share my joy here at MooMoo community.
I’ll be updating more insights on NIO. Don’t hesitate to reply with your opinions, questions ,concerns on the comment section. ![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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tkhan : awesome
chgocal123 : Thank you so much for sharing! This is good to know
curtaincall : It's interesting to know you keep all your eggs in as fewer baskets as possible, and I agree that the more time you spend on one single stock, you know it better, and will have a greater possiblity to win.
70144192 : I have bought and sold this several times, and bought it again 2 days ago and now it's down 8% pre-market. Someone tell me something good so I will hold out this time
Project NIOOP 70144192: Like I said buy at every dip as you can.