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LIT is at ALL TIME HIGH of $55 pre-market.
LIT is at ALL TIME HIGH of $55 pre-market.
LIT has 41 assets including ALBEMARLE CORP, 1211 HK BYD CO LTD, GANFENG LITHIUM CO LTD, SAMSUNG SDI CO LTD, EVE ENERGY CO LTD-A, PANASONIC CORP, QUIMICA, LG CHEM LTD and TESLA INC.
The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.
LIT reached its all time high yesterday.
If you an investor in the EV sector you have got to have some LIT in your portfolio.
Diolusional.
Wrong again.
TSLA, WKHS, NKLA are perhaps but not so NIO.
It's undervalued and some institution like Goldman Sachs is loading most likely before July sales #'s and other news catalysts like tomorrow's EC6 pricing/production news. MMs accommodating them in a fixed price range.
If you want an example of a stock that's being propped up big time that will be TSLA. U.S markets are biased towards U.S stocks. I mean look at that junk NKLA with no ev truck even in production going to $65 as another example.
Consolidation at a 200% price increase is a strong signal. Or should be but shorts are dim.
Are you aware that about a month ago NIO was $6.90 and a few weeks further back it was sub $4? Consolidating nicely here in the $12's. Watch it soar on upcoming positive catalysts.
Check once more..it's 12.52.
What a pointless post. And how can it be overbought/oversold?
Just really dumb shorts. No worries here..got in sub $4 and will hold for $300 in a few years. Cheers!
The blahblahblah is coming from you. I'm afraid I have nothing to say to you. You are beneath my IQ threshold. Too dumb. But then anyone shorting NIO must be dumber than dumb.
Oh dear. Just watch and learn. NIO is a long term investment for me. I'm not interested in what short term shorts like you say.
Ok then. Are you not aware of the 2 catalysts coming before then?
Normal pre-market red painting. Too many positive catalysts coming for this to drop below $12 imo. Let's talk this time next week when it will likely be $15+.
NIO..$12.88..MILLIONAIRE MAKER!
What to expect with NIO in the near future:
1. China’s Q2 economy growth of 3.2% sounds very promising and will attract some new investors. China’s economy is the first largest economy to bounce back from pandemic drop.
2. Research shows NIO EC6 can bring a large number of new customers and could outsell Tesla’s Model Y. NIO has been the top luxury electric SUV seller for the past 8 consecutive months.
3. July Production & Deliveries could be the highest we have ever seen.
4. My Forecast shows that ER should beat market’s expectation and bring positive gross margin that market expects.
5. NIO could increase its production capacity to 5000 range in order accommodate EC6 model launch in September.
6. China’s auto sector expected to see a growth in Q3 & Q4. NIO is planning to launch its first electric sedan on NIO DAY late this year. This is going to bring all new customers who prefer a sedan body over an SUV body. If NIO can keep on delivering what it has been promising till the end of this year then NIO’s sedan launch could be the ultimate game changer.
What to expect with NIO in the near future:
1. China’s Q2 economy growth of 3.2% sounds very promising and will attract some new investors. China’s economy is the first largest economy to bounce back from pandemic drop.
2. Research shows NIO EC6 can bring a large number of new customers and could outsell Tesla’s Model Y. NIO has been the top luxury electric SUV seller for the past 8 consecutive months.
3. July Production & Deliveries could be the highest we have ever seen.
4. My Forecast shows that ER should beat market’s expectation and bring positive gross margin that market expects.
5. NIO could increase its production capacity to 5000 range in order accommodate EC6 model launch in September.
6. China’s auto sector expected to see a growth in Q3 & Q4. NIO is planning to launch its first electric sedan on NIO DAY late this year. This is going to bring all new customers who prefer a sedan body over an SUV body. If NIO can keep on delivering what it has been promising till the end of this year then NIO’s sedan launch could be the ultimate game changer.
Yep I think I will follow suit. I know quite a few shorts who have lost a ton shorting NIO. Big mistake as this company is going to be huge. Best designed and quality ev's around. Far better than Teslas and so much cheaper. Battery swap technology, German design and components and just beautifully designed cars.
According to who..you? You are able to determine a stock's true 'value'? Impressive. Lol.
NIO is undervalued big time imo. The fact is it is a Chinese EV startup and is listed on a U.S market. U.S market favours U.S EV stocks like NKLA at over $50 and zero product being sold. That is in my view a complete joke as NIO is producing 10,000+ EVs per quarter and this number is exponentially increasing. The market will eventually catch up and I see NIO at $100+ within 12 months. JMO.
Good luck with that. I wanted to get in under $3 but only managed $4.
Last Friday was a Goldman Sachs attack. Their analyst Fei Fang put out his 3rd recommendation in as many weeks. The sell recommendation at $7 was a complete scam based on 'over optimism' (lmao). They just wanted more shares on the cheap. GS hold nearly 11M shares at $3.40 average. They need to be investigated for stock manipulation.
I see this hitting $20+ in the next couple of weeks.
And the volume has been above average for the past week or more.
Lol you're out just b4 all the news catalysts like EC6 pricing, July delivery #'s and profitable Q2? Wow. Good luck.
Try savvy investors in it for the long haul shorty.
It is not too late to buy NIO here. I think anything under $16 is still ground floor.
Up 4.6% to £13.43 pre-market.
Umm the best economy in the world? China is fully back to work after the Plague whereas the U.S is not. Did you not realise there are more millionaires in China than anywhere else on the planet? The Chinese middle class can afford NIO's..there are 400M Chinese middle class!! I think you need to do a bit more research b4 posting.
NIO is the one. Going to be bigger than TSLA in a few years. Massively undervalued on U.S markets due to it being a Chinese startup. Do your DD. This stock is a millionaire maker.
NIO is about to go profitable in Q2. Pretty amazing for a startup to have produced 50,000 ev's already. Tesla not even profitable now after 17 years! EC6 pricing to be announced in a few days. Beautiful sedan the ET7 coming in September. NIO is the one. Very undervalued compared to junk U.S EV startups like NKLA and WKHS.
Hey Blue. I don't trade pennies anymore..hence I don't bother posting on here. I just trade with cfd's on blue chip stocks. Hope things are working out for u. GLTY.
Cramer shorting this too no doubt.
I did yesterday evening. RSI too hot and wknd coming. Great stock but due a short attack.
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MEGA NEWS OUT! Rivals Intel and AMD Team Up on PC Chips to Battle Nvidia https://www.wsj.com/articles/rivals-intel-and-amd-team-up-on-pc-chips-to-battle-nvidia-1509966064