$NIO Inc (NIO.US)$ Since like to burn cash,why don't NIO bor...
Since like to burn cash,why don't NIO borrow another $10-$20 billions from Saudi and use that cash buy back your own share.Like that more worth it.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Casual Trader : Borrow to buy back shares? Then what are the Saudis getting for the loan? After spending the Loan to buy back shares, where does Nio find the money to repay this loan?
102095561 : they dnt buy back ,just issue share get cash better ,then do research say loss another billion. or so .this cycle keep repeating .end up in become laosai stock .CEO can sell laosai paper for billion. now say yangjian can save 100per car so can raise cash from Abu again
Lewis JessicaOP Casual Trader: Is too competitive in the EVs market.I'm doubt about NIO whether can survive at this industry.They are too fragile.
103027647 : CEO say dnt care about stock price .he just like to raise cash to invest high tech .but hight ech doesn't translate to profit .li auto n Huawei erev take market like storm now
Lewis JessicaOP 103027647:
Like that NIO stock is useless type,no wonder when NIO got news,no news,good news,bad news an ant bite,or news that nothing to do with NIO,the stock value always heading down.
103027647 Lewis JessicaOP: he too engrossed in his pusuit for high tech n forget what consumers want .spend billion of stock holder money to burn end up also poor sale as product not general public want .bad management never get fire off ..put blame on sale men no good
longhock00 : Easier said than done, you'll find it very difficult