$NIO Inc (NIO.US)$ This Monday and Tuesday when NIO.US was a...
$NIO Inc(NIO.US$ This Monday and Tuesday when NIO.US was around 12.0 -11.80 in the opening of the market, I forgot to sell... now NIO goes down to 9 - 10 ...WTH how long NIO would stay in the range below 12 ...![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
mask woon : How much have I lost
Teck Wang Pang PaPa : whole markets are red it is not just Nio.
AhWai : Buy
70628772OP mask woon: Not sell yet. So the loss is unrealized, current around 500 USD. My NIO cost is around 11.40 (I think it is too high). I have a guess that, since the geopolitical tense between China and the US, and zero-covid policy ("a bit" loose), NIO's share price should stay below 12 for a while. If it breaks 12 occasionally, whatever just sell it because the good news about these two countries has short term effect (3-5 days). Two days ago, a person on NIO.HK showed that, most NIO bagholder's cost is around 11.7 - 11.8. Maybe it is the reason why the institutions push NIO down below 12 -- if NIO breaks 12, most bagholders (a.k.a. leek
) would run away. Sigh...
70628772OP Teck Wang Pang PaPa: Yeah I totally agree with you. This bad performance seems like a rest for NIO from an excitement that has happened in the past two weeks. Chinese ADR's SP have a bad year of 2022, and probably it would keep low until 2023 Q1 - Q2. Thus, I want to dump NIO asap in this transient excitement period.