nio a large floating shares (more than 1.5 times that of oth...
nio a large floating shares (more than 1.5 times that of others and same as lucid) and hence every $1 increase in share price, market cap go up too fast. with large supply of floatings shares it can pressure the uptrend in share price. one has to read up which chinese ev has the best tech, l4 autonomous driving and valvet parking. lowest debt to equity and with the ability ramp up down or modify manufactung to suit line of cars slated for sales. one of these chinese ev sacrifice its profit margin for R&D. probably aiming for level 5 autonomous driving capability? no doubt long term nio is going up. just relatively how fast
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ramenbowl : high float can actually means more stocks available to short, if internal people sell together with hedge funds = honggan to xitian