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Thanks
That's how I do it, playing the guessing game instead of making educated choices, that's all I can do for now. And trying to filter the posts on this forum. Some people post real factual info and their thoughts that are helpful and also appreciated.
Seems like I missed the bottom again, I trade from the phone,doesn't have access to level 2 nether the live quotes and graphics only depending on some one else who have all that to drop a line of their honest input. Maybe one of these days I will eventually get all that good stuff and become a better at this.
Why? You don't think it will drop below $3?
I have got 100 shares at $3.05 now hope to get some more below 3
And you have to remember that their convertible notes going to be converted into company shares at the stated price but that doesn't mean that those shares are going to be sold in to the market at that same time frame. The lenders will be holding huge amount of shares and they can hold those positions for whatever long term they choose. They also at some point in time can pump the pps really nicely with PRs and sell portion of their position to cover the loaned amount of money and ride the free shares making fortune or keep doing same kind of financing for bigger sum of money by taking convertible notes. The dilution can go on and on as needed until company becomes self sustainable/profitable. As time goes by, company gains experience and will be doing necessary adjustments to reach their ultimate goal of being profitable. Give it some time, for now we know for sure that NIO is going to be okay until September and until that time company will figure out something to keep on going forward.
I imagine NIO in 5-10 years going to be also overpriced just like TEsla.
Nio has more options for battery charging, which is better and ahead of tsla at the moment. That alone makes NIO a serious competitor for Tesla. There are also a GELYF and BYDDF and pretty much all of the other traditional car manufacturers are entering into the rat race of building electric cars. So it's evident that the electric cars are here to stay. And if Tesla prove that medium sized trucks and semi can be as good as the 'ice' or even a little bit better, then heavy industry will be switching to electric as well. What are you thinking about the concept of the traveling by the rocket instead of the airplane? That's coming too, you know.
Thanks, I got to give it a try.
Yes, I know. TSLA is in a leading position and are far ahead from all competition. But China..
You see, there is something about China that makes all the difference in the world. You just can't ignore the labor costs factor. Imho no country can compete with China at the cost of labor. And labor cost in China are the cheapest and that affect end product price. TSLA foreseen that and built their factory in China making harder for other companies in same sector to compete with. Even if some companie eventually catch up with TSLA, so what? Elon lunched electric car revolution and this direction is only going to be progressing, his goal has never been to always be the first, the number 1, ahead of the pack. But rather to switch car/automotive/transportation from fossil fuel source to electric renewable energy source. Innovate and improve the way we travel and lifestyle itself considering self driving model and travel by the rocket instead of airplane. Elon is world's genius and greatest innovator, he demonstrate on the deeds how to bring future to the present and also demonstrate that it's possible, it's improvement, it's practical and safe.
You making very good points, strong argument points. I remember everything false prophets were prophesied against tsla for a long period of time and Tsla (Elon Musk) have proved to the world how false they were. Believe NIO will do the same.
Where do you get a good seeds? I'm pretty sure it's not the Walmart or local nursery?
So, or you saying that Aurora have future and at some point might bounce back?
And another one with a good point
I have very relevant question: will I ever going to be able to get my nine hundred dollars back at an average pps $1.90 ???
Good point, this post deserve to be noticed.
But western capitalism can print unlimited amount of their own money whenever they need more of it!...endlessly raising national debt to infinity. Am I understanding this correctly?
Good post, will you throw a line when you see bottom approaching, I don't have live quotes and charts feed. Trading primitive way, blind folded from the smart phone.
I agree with and think similar to the way you do in many ways. I know there is law, order and justice in USA, nothing is perfect but generally speaking works good and better than in most of the country's around the world, I'm not complaining.
There are seven modern sins in the world
Politics without principles
Pleasure without conscience
Wealth without work
Knowledge without character
Industry without morality
Science without humanity
Worship without sacrifice
Believe Canon Frederick Donaldson said that.
You all can mark this one. NIO may or may not survive, but, it's an electric car company and its Chinese. When if ever it comes close to the failure point it's going to be bailed out or merged with another electric car company there are several in China. For first it's China's pride and second they are working hard on reducing their dependency on oil(as an energy source) burning of which contribute to all kinds of negative effects locally and globally. I believe that China as whole, properly evaluated, weighted, calculated the benefits of the electric transportation even by watching the progress that Tsla demonstrated. Electric transportation is a big leap forward and in every direction. Cheaper, easier and faster to make. Safer and easier to operate with less maintenance and longer life span. More futuristic with better performance compared to ICE vehicles, the self driving ability very promising. So, imho even though NIO in its kind of infency stage have pretty good chance to take the whole world by the storm and eventually beat the TSLA if possible or at the very least compete side by side
Law is good, but to me it seems like rich are almost always are able to get away with their crimes and are evading capital punishment, not so for the poor.
The most important thing is that I'm not speaking factually but rather stretching the conspiracy theory, which in fact just a theory that states some real events may or may not be real or have pretext to it or have some hidden agenda or purpose.
Covid 19 or similar is looking like a perfect solution for population control. It knock's out week and elderly. Might be the answer for golden Billion conspiracy theory.
The Beast! GRRRR.
Sounds awesome, I need to learn more how to trade like that
Imo if there have or would be any legal litigation between them seems like it would be a private one, without any info of any kind would be published or shared with investors. Who are those investors anyway, right?
You right I guess, I'm still kind of new to trading and have much to learn. I'm kinda self taught trader. Made a buck today, and I'm doing my trading from my phone since we don't have enternet, don't have advantage of real time quotes and charts.
I rarely see premarket volume like that
Sounds like you have a Degree in SUV. I'm impressed!. When this all important information now come to light, surely now NIO is doomed.
What was the volume before market open?
Anybody know? Please.
They can pay their workers a couple bags full of promises and there won't be any problems.
Once Q1 is behind this will be in the $6-$8 range
You have to remember that NIO is in China. And China is quite different from the USA.
I assume that answers your question without getting into the details.
Thanks, by bits and pieces I always learn something new every day
Why Etherium not bitcoin?
NIO: is a sleeping giant! Watch out TSLA! In a few years when this giant wakes up, it will swallow the TSLA. You can mark this one, cuz no one can compete with China.
When Karl came he came in to the empty clean shell that had a share structure and exposure to OTC market. IMHO and of course I don't know any details of their agreement or contact, Karl supposed to be a PAOG's CEO continuing to building the PAOG company, developing new products (cannophen and such) marketing, sales and so on. Instead everything went up side down. And the already existing pool of investors got screwed up yet again. I think underage school girls would be able to make this company work compare to all those baboons with their impressive credentials.
Our management is nothing short of bunch of retards, when Karl came they gave him blank check to do whatever he wants without any checks and balances to keep Karl in check. When Karl was setting up his own business by forming his own new company HighEnd Products LLC advertising and promoting his own products, our management or gangsters whatever you call them, had their heads stuck in their a**
I wish I had this kind of buying power
Actually, it's pretty competitively priced if you take into the consideration that TSLA has 6 times less AS count. $4pps×6=$24pps
It will climb up as they continue to produce more cars and continually improving the cars itself and everything else involved with them.