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LMFAO! Enjoy watching 3’s print!
I wish it were me but NIO does fine on destroying their own company. Lmfao!
200 “stores” LMFAO! With what money? They’re broke! Pump and dump!
No financing! Broke! Bankruptcy? Maybe!
$4.50 weeeee! Pump and dump!
Dead cat bounce!
Nah, said maybe $2.70, either way it dumped JUST like I said.
Hey, where did everyone go?! Lmfao! Told you so! Pump and dump!
I called it! $3.85 minimum! Told you! Fake news pump! BS! No financing! Behahaha!
LOLOLOLOLOL making out great with my puts! Olen mouth insert foot! Let the dump begin! Told you!
Tiresome but true, let the dump begin! Told you so! Bwahahaha!
And still no news of financing. Pump and dump coming. Nio has an urgent need to raise capital.
Due to continuous losses – it posted a 2.5 billion ($364 million) loss in the third quarter of 2019, its cash balance is not adequate to ensure continuous operation in the next 12 months, the company said in December.
$2.70 coming with no financing deal, maybe lower. PPS pumped on 12/30 with fake news of financing deal. NIO will go bankrupt without at least a billion dollars. $150 million will be used up in one month. PPS red today and will continue down.
Fact: No financing deal. Fact: NIO itself has stated it will go broke without at least 1 billion dollars. Fact: GAC said it would only give NIO $150 million.
Told you, red. pumped on fake news. No financing. NIO in big trouble.
Nio's balance sheet is very weak.
By my estimates, it should run out of cash any day.
The company is in talks over financing.
Even if financing is obtained, the result is unlikely to benefit current shareholders.
Nio has an urgent need to raise capital.
Due to continuous losses – it posted a 2.5 billion ($364 million) loss in the third quarter of 2019, its cash balance is not adequate to ensure continuous operation in the next 12 months, the company said in December.
NIO, A Heavy Risk, NO FUNDING
GAC $150 million, maybe, no $1 billion as rumored which pumped stock price. Why? Because NIO burns through cash, makes no money.
On Oct. 15, National Business Daily reported that NIO was close to a deal with the government of Wuxing district, in China's east-coast Zhejiang province, in which the Wuxing government would invest between $707 million and $1.4 billion in NIO, some of which the company would use to build a factory in the district.
On Oct. 16, National Business Daily, citing a source within the Information Office of the Wuxing district government, reported that the government had walked away from the deal because of "heavy risks."
Agreed. Aside from the unexpected third-quarter profit from Tesla, it has been a difficult year for electric-vehicle makers. In October, the vacuum-maker Dyson killed its $3.1 billion electric-car project, saying it was not “commercially viable,” and Harley-Davidson had to idle production of its electric motorcycle due to battery problems. Additionally, Jia Yueting, founder of the Chinese electric-car maker Faraday Future, filed for Chapter 11 bankruptcy protection with liabilities of up to $3.6 billion.
GAC Motor Co. confirmed it is considering an investment in electric vehicle startup Nio, but said the amount would not exceed $150 million, much lower than the amount speculated on in media.
It has held preliminary talks with Nio about a potential investment, but NO binding agreement has been signed, GAC said Thursday in a statement.
Sorry, no 1 billion, and MAYBE 150 million which will last a month. Not good, PPS pumped on financing news rumor. Prepare for correction.
Means nothing and pps was pumped on that nothing news. The real news is the actual financing which has not and may not happen. Even if they get 1 billion, the stock has bought on rumor and will sell on news. Anything short of a billion is a failure and NIO will eat through it like nothing. Correction coming.
Simply put, the company needs to raise a lot of cash quickly to continue operations. Given that (at least) two deals appear to have fallen through in recent days, investors need to confront the possibility that the company may not be able to get financing without a restructuring that would wipe out the equity -- and it's possible that it won't be able to get financing at all.
Incorrect! Talks mean nothing! How much in financing did NIO get? Answer: 0, zero, zilch. Stock pumped on NOTHING. Correction coming bigley. NIO appears to have had (at least) two financing deals fall through since its earnings report on Sept. 23.
Can’t wait for NIO to correct bigley....
But that doesn’t mean concerns over Nio’s cash pile have gone away, and a financial deadline looms. In just under four weeks, on Feb 3, its due to pay a $16.9m coupon to the holders of its distressed convertible bond.
That may not sound like a lot to a company with a market capitalisation of $3.9bn, but absent news of financing in the interim, it may prove to be a more critical juncture than it should be.
No financing just rumor, speculation, and “talk” pumped up PPS ready to dump....
Nio stock has the potential to be a major moneymaker for those brave enough to take a position. But then again, so does the roulette wheel and the blackjack table.
If you’ve got nerves of steel and you’re comfortable gambling, NIO could be a good pick. However, while the market is certainly on a high right now, there are better, more stable discounts to be had if you look hard enough.
Is the companies own admission they will go broke if no funding a fraud too? Lmfao!
Yes, it actually does, 3 gap ups, 7 green days, over bought, and being pumped on rumor. All ripe for a dump.
But neither of these new products will arrive until late 2020, meaning they offer almost no direct help to NIO when it comes to fixing the troublesome financial situation the startup is currently in. NIO announced Monday that it finished the third quarter of 2019 with just $274 million in cash, and also told its shareholders the company will only survive if it rapidly raises new funding.
By NIO’s own admission, the key to its survival is raising more money — soon — as it continues to scale up deliveries. Unless that happens, the new products NIO revealed over the weekend may never get the chance to see the light of day.
Rumors from a Communist Chinese Newspaper, stock halted and NIO with a BS PR causing the stock to pump, get ready for dump.
I wish that were true. “The Company’s cash balance is not adequate to provide the required working capital and liquidity for continuous operation in the next 12 months,” NIO wrote deep in its third-quarter press release Monday. “The Company’s continuous operation ... depends on the Company’s capability to obtain sufficient external equity or debt financing.
You were right, scam. You called it. Did you report to SEC yet? Been years now.
Yup, exactly. Facts are facts. As of right now NIO has zero, nothing, nada. Not one red cent. PPS is being pumped on rumor. Poor bagholders. Get ready for dump!
Right again. Why The Rumored NIO And GAC Deal Is Bad News
https://seekingalpha.com/amp/article/4316993-why-rumored-nio-and-gac-deal-is-bad-news
Fact: No filing no PR No loans all pump and dump speculation get ready for dump
We’ll see won’t we. As of right now they have nothing, not one cent
LOL it’s been up 7 days in a row, with 3 gap ups!
Your opinion, fact is pps pumped on rumor no facts. Will correct when dump occurs.
Fact: Nothing is official until it’s filed with SEC and PR out. It’s the law! No financing is official all talk and rumor! Dump imminent
Which means it may not happen. 150 million is chump change, NIO will blow through in a month. All buying and pump is because of a rumor by Communist Chinese newspaper on the 1 billion. Lmfao! Get ready for dump.
NIO on Pump and Dump list for 01/15/2020: http://pennystockstraders.com/pump-dump-list/
The Company responded that it has explored financing and strategic opportunities with Guangzhou Automobile Group, and all commercial discussion remains preliminary and no definitive agreement has been entered into between the parties.
NIO pump on rumors by a Communist Chinese newspaper! Lmfao! No $1 billion in financing and no $150 million in financing. No filings and no PR means it’s all BS until then. Even with $150 million it will last a month. NIO by their own admission doesn’t have enough $ to run operations for 12 months. Get ready for huge correction!