GAIN AT EVERY DIP

$NIO Inc(NIO.US)$ Reasonable give back.new bill will explain the stock price for a very short period of time. Overall, I don't see any downside towards NIO as it was considered on the edge of bankruptcy in 2019. This is not a company that I would worry about for financial fraud. Even if the bill gets passed next week which is highly likely, I still think it's gonna come back very soon. In fact, this might be a good thing for NIO and retail investors in the long run.

There is a high chance that the bill on Wednesday will pass. I don't know if it affects other Chinese securities, then for NIO, the long term is also a good thing. From the bankruptcy at the beginning of the year until now, the chance of financial reports being falsified is minimal. Currently, it seems that the financial aspect is very healthy. There was no fraud at the time of bankruptcy, and now there is no reason even more.