Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 3,668
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NIO, should be the TSLA of China...
If so, then they should be able to make a boat load of $$$ in the future.
However the biggest issue with NIO... is its a Chinese company, that the US, threatens to Delist from the NQ/NYSE every 6 months to flex US Muscle against China... Thats one of the reason why it dropped from the low $40s to where we are today.... Nio can be a great Swing Trade, and day trade, But I dont think I would hold it long term, based on the fact they can be easily manipulated over politics.
Owe and while on the NIO topic...
NIO should be the TSLA of China,
XPEV should be the Toyota of China
LI should be the low low price EV cars of china...
If so, then they should be able to make a boat load of $$$ in the future.
However the biggest issue with NIO... is its a Chinese company, that the US, threatens to Delist from the NQ/NYSE every 6 months to flex US Muscle against China... Thats one of the reason why it dropped from the low $40s to where we are today.... Nio can be a great Swing Trade, and day trade, But I dont think I would hold it long term, based on the fact they can be easily manipulated over politics.
Owe and while on the NIO topic...
NIO should be the TSLA of China,
XPEV should be the Toyota of China
LI should be the low low price EV cars of china...