$NIO Inc (NIO.US)$ Crucial support at 5.080 is in danger. If...
$NIO Inc(NIO.US$ Crucial support at 5.080 is in danger. If bears are able to break it then it will be in free fall
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Teck Wang Pang PaPa : Bro, let said Nio is not a listed company, do you think his products and biz models are good?
VIVEK SURANAOP Teck Wang Pang PaPa: I think products are good. But buisness model needs a lot of revamp.
102711703 : The management is poor. Break 4.96. Free fall comings
103027187 : hi all, I'm selling all my NIO shares, bye and good luck
Teck Wang Pang PaPa VIVEK SURANAOP: Besides that , the stock is highly manipulated, so Nio goes up sooner or later.
SgDavidC : I think their idea of having more swap stations is not wrong, I will not buy the car if there's difficulty in recharging it. The problem is their car sales are not picking up. NIO needs to get their priorities right. Car, batteries, NIO house, phone, environment, etc...
When in doubt, goes back to their Vision and Objectives!
VIVEK SURANAOP Teck Wang Pang PaPa: Why would it go up when buisness is going down They hit 20 K deliveries in June 2023. 9 month later they are not even able to touch 15 k. So loses increasing, the delivery decreasing, Europe buisness bis total flop, NiO phone is given for free. Basically nothing is going right.
Papa Powell : Easily broken, easily short
Teck Wang Pang PaPa VIVEK SURANAOP: Nio for executive and above with no price cut, infrastructure costs which return will take time, RnD for system update and newer models so gotta wait and we have to predict to buy at the right time. Alps are coming so it is getting to move up..when lets wait, going bankruptcy is unlikely
VIVEK SURANAOP Teck Wang Pang PaPa: NiO said the same last year and delivery went to 5000 per month then it cut the price. This year also it offered huge discount on 2023 models in Jan and Feb. Now they are giving free phone and they also reduced the monthly battery rental price. So to say that NiO not cutting price is wrong NiO is offering so many perks in other form.
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