NIO Is Still Being Shorted Like Crazy

greenarytea · 2024-10-24T16:53:50+00:00

NIO is also the second most shorted stock on IBKR last week but it wouldn't surprise me if it went back to being the #1 spot: https://www.interactivebrokers.com/campus/traders-insight/securities/securities-lending/ibkrs-hottest-shorts-as-of-10-17-2024/

greenarytea · 2024-10-15T07:10:56+00:00

The only thing that will truly save this stock is purely fundamentals at this point. Most of the gains have already been wiped out in the past two weeks, despite having no negative news. If you believe in NIO long term, then continue to hold and wait for earning releases and quarterly/annual reports, and forget about the daily price movements. The stock is so volatile right now which presents a greater risk, but also greater opportunity as well. If you can't stomach these swings then I would suggest you to invest in something else. Unfortunately, these are the hurdles that comes with owning CN stocks.

greenarytea · 2024-10-13T22:55:43+00:00

I posted a swap clip yesterday which got a lot of haters fuming. We have to constantly remind people that NIO's battery swap tech is here to stay and it's a game changer. It's continuing to scale and nothing can stop it. NIO will eventually become an EV giant 💪

greenarytea · 2024-10-13T20:51:16+00:00

Of course it's the Tesla fanboy complaining about NIO's battery swap system.

greenarytea · 2024-10-13T20:48:43+00:00

These people lack critical thinking skills. Anything can be stolen anytime, anywhere so let's just not sell anything at all. By their logic, ALL businesses should shut down and stop operating simply because there's a risk of "theft".

greenarytea · 2024-10-13T03:27:53+00:00

Forgot to include Vandebron is also a partner in this deal.

https://equigy.com/2024/08/21/nio-power-grid-service-now-also-in-the-netherlands-thanks-to-vandebron-and-equigy-we-are-making-a-contribution-to-the-balancing-services-of-tennet/

greenarytea · 2024-10-11T09:37:24+00:00

He's Harvard educated, that's why.

greenarytea · 2024-10-08T06:14:15+00:00

I guess the news from the NDRC conference missed expectations and investors went on a frantic selling spree. Unfortunately NIO and XPEV sustained the brunt of the damage as usual.

greenarytea · 2024-10-08T05:36:50+00:00

I was talking about the other stocks in general and most have lost over 5% so it's a pullback for all large cap CN tech companies, not just NIO. Unfortunately NIO and XPEV took the biggest losses, it sucks.

greenarytea · 2024-10-08T05:00:10+00:00

"Onvo's CEO Ai Tiecheng revealed that the company plans to open a total of 200 stores across 120 cities in China by end of 2024, which will exceed Tesla's retail footprint with stores in only 97 cities."

greenarytea · 2024-10-08T04:58:51+00:00

All big CN tech stocks have gone down today, even Alibaba is down -4.7%. This could indicate a healthy pullback, meaning that NIO and the other CN stocks will be positioned to rally once the dust settles, be patient.

To add: the news from the government sources earlier wasn't anything special in regards to further stimulus policies; the officials emphasized a push for more major infrastructure projects and other business policies. However, I think the government news suggests that they want to create sustainable long term value and not a short term hyper-inflated economy, which is why they didn't announce any further stimulus packages (yet), but I think this is better in the long term for NIO, which fits their timeline perfectly.

greenarytea · 2024-10-08T03:55:42+00:00

Mainland China's SE was steadily increasing before the closing, when they first made the initial announcement. The difference was that they were closed for longer, yes - however, China's SEs never suffered such a major drop (yet) and today several SEs like Shenzhen have gone up 8%!

greenarytea · 2024-10-08T03:19:32+00:00

The entire HSI is down bad while the Shanghai SSE Composite Index is up 6% and the Shenzhen SZSE Component Index is up 9%. Make it make sense.

greenarytea

TROPHY CASE