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That is true, and no buddy denies that. The fact here that needs to be considered is that while coal burning plants generating electricity for recharging E cars batteries, those plants do contribute to green house gases problems and also pollute, the plants are located kinda away from the suburbs where the greatest congestion of human population lives and breathing the harmful poluted air from ICE and those industries are also regulated by gov agency and are much more cleaner and efficient compared to ICE. Company name CORMETECH makes catalytic converter modules to further clean the exhaust they produce since 2001 and those plants mandatory made by gov to install them in all plants average cost for one plant around $100-200 million and they do comply. I worked for CORMETECH for years.
Bitcoins are traceable, first I was thinking that they are completely untraceable, transparent. But nevertheless sounds like a perfect currency solution to the problems of fiscal currency we accustomed to. Considering that the biggest problem with fiscal currency is: dilution=devaluation.
When government mandated like you said, NONE of the car manufacturers knowing that government will subsidies the electric cars were building them besides Tesla (whom everyone was trashing for a very long time and at some time it really looked like Tesla would go down) Toyota introduced their hybrid plug in and others just begin to introduce a smaller cars instead of bigger and bigger and began to filter out the exhaust, making (ice) burn cleaner etc etc. I remember on the news was showing that in Japan a small start up company built a car that could run on hydrogen, the exhaust was clean water and oxygen (no pollution whatsoever), and the generator in that particular car could produce hydrogen out of rain water, salt water muddy water even from a piss, yes, when you run out of fluid to run the car one literally coul piss in the tank and keep going. What happened to that car they was demonstrated, the completed prototype? And the technology in that vehicle? That start up was bought out and everything was quietly, safely and securely shelved. The thing here is that Elon Musk proved not on the theory but on the deed the benefits of switching to electric transportation, and all traditional car manufacturers are spending billions of dollars trying to catch up, why? Why all of the sudden, spending so much $ on building electric car? The answer is: because TESLA! Roadster, Model S, Model X, Model 3, pickup truck(coming soon), Semi Truck(coming soon). And traveling by rocket instead of old and outdated inefficient airplanes(coming soon). And that of course, is in my own honest opinion.
I only hope that pps drop to like a $1, even if it does, will not stay there for too long.
NIO going to make it, stakes are simply too high for China to let it go down. So far NIO has shown that they are capable of designing and building electric cars, automatic battery changing stations etc. I'm sure they will figure out how to get to the profitability.
Pollution is one of the reasons but not the main one or one of top priority. Burning oil is dirty no doubt but also inefficient and it runs out and runs out rather fast. Pollution is not something we happened to learn just recently, it's been known always. But kept on using it and always building bigger and bigger guzzlers. The answer is: Big boys was making Big money on it. And when GM built EV-1 electric vehicles that project was quickly shut down using all kinds of lame excuses, but it was brutally shut down and prohibited for public to own one. But Elon Musk successful in proving the whole world that EV are much better solution to transportation compare to ICE. Practical, safe, much more efficient, simpler and faster to build, has much less moving parts means less and cheaper maintenance required, increased longevity specs much better than the ice, and the most important part is that it powered by renewable much more cleaner and more efficient energy.
You always have to remember that someone was buying like crazy at 5.60 not long ago.
Got some more @ $2.17
Got 100 @$2.42 on open and set limited order to get 100 more @$2.2
I'm going to be getting some way below 2.7
What is the deal, pps dropped to. 007? Anyone?
Maybe corona virus will do it?
Sad I don't have options for flipping, NIO seems like flippers dream...
I also got my bids in for GELYF and BYDDF they also in EV industry and made quite a progress.
Wery good, congratulations!
I got my next buy order in @ $2.7
Maybe I get lucky.
Down it goes to .0001
GLTYA
My buy order @ $2.7 will it get filled?
Dew, keep pumping, buddy, but be careful, don't overheat the pump.
And I thought I missed the train @3.45! And it turned out that I have been able to get on the train several times afterwards, might even be able to board the same train few more times again, and I don't even have to be chasing it, the train comes to me. Now, I like that..
Even though I missed my target a little, I have got some @2.8 and some @2.85. My next stop @2.7..
Did trading suspended or what happened?
I don't think covid-19 is THE greatest scam in whole history even though it may be a scam which I don't think it is. It's just, it is what it is, which knocking out mostly elderly people and not so old but have weaker immune system or other health conditions. But never the less everyone is scared, which contribute to mass panic.
Looks like everyone trying to get out of their positions, all I see is a red candle sticks, but why?
Is this stock worth investing in? Anyone...
What we need here is Italian mafia to go get them bastards and give us our money back.
I like to see nio at below $3 I still have dry powder left
I'm glad they updated ES8 their premium SUV, personally I look forward to the lunch of their sedan which is going to be much more popular in demand. Then they got to make a minivan like Sienna and Odyssey market are huge, then pick up truck, medium and heavy duty and bring them to US market
When whole world economy come to a stand still, everything and everyone will be affected in negative way.
I think like some one said earlier that global recession is coming
Finally got some @3
Next stop @ 2.9
Hand sanitizer making companies and face mask, sales going to go over the roof right now but that was expected.
Pumpkin have issues with ES8 ground clearance not me. I know lots of people buying them SUV just because they like the style, not necessarily for mud riding/off road riding etc. And NIO es8 wasn't intended for that purpose ether and people who are buying them aware of that.
Covid 19 cure currently undergo public testing in Iran. Some sort of alcohol mixture....
Seems like NIO start leaking water.
What's ER? can you decode it
Got my $3 pps order in
As a dividends, each quarter.
$1.77 pps? And have not sold any at $5.6?
Those that are going to be off road riding I'm sure they will choose Jeep Rubicon or something to that effect
Don't hesitate for too long, this is a good time to get in, imho buy all you can, these pps not going to last for long, may drop just a bit more but not much. Don't miss out on it. Gl
Grabbed 100 shares @$3.4
100 @$3.35 and 100@$3.3 that's 300 @$3.35 pps average. I'm okay with that.