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To look if there's any new evidence that NIO will become a profitable company so we can change our stance. Yet, still nothing
Still accumulating?
Good advice, never invest more than what you can afford to lose and to be even safer, cut that number in half.
I agree that NIO is a legitimate startup with aspirations of becoming a successful profitable company but as of now they still aren't and I believe someone on here said that it usually takes 5 years for a startup to be profitable, well since you say their 4 years old then... times ticking...
Anyways Pete, how are you coming to the conclusion of 20k units delivered? Were you able to dig out new info from the company to come to that conclusion?
The recent share price drop I believe may be due to company selling more shares for funds like you have mentioned hence the massive non-stop bleed. Once again, their tight on funds and are not profitable and need $ to operate.
All good points, they need time to make profit and they do have a lot of ground to cover. But unless someone has a stake in this company already trying to average down, I will disagree on now being a good time to start a position. I would first like proof that their product is sustainable in the Chinese market, meaning if the consumers will actually buy their product enough to lead them to growth or at the very least sustainability. Let's see how their new ES6's sell and the management's plans/ideas to cater to their market.
NIO up today because of entire market pump. Ride the waves up then back down.
So...
Pros:
1. Gov retracting license plate restriction per household (or something along those lines) for EV's. But there's so many EV manufacturers in China who knows how much this will help..
2. Gov announced they would aid NIO/joint venture with GAC
Cons:
1. Gov cut subsidies
2. Oversaturated EV market in China withi over 450 manufacturers, not including TESLA..
3. Tesla ripping once more with new budget models going out to China
4. NIO delaying US expansion/sales due to trade war
5. Trade war - which affects Chinese citizens negatively, aka the [NIO's] consumers
6. Decreasing sales, maybe ES6 will help (later on when it completes production and IF it sells)
7. Still currently an unprofitable company, so is Tesla but hey they got Musk at least..
8. Over 1 billion OS which I assume their diluting due to burning cash quick
9. Burning cash quick, at current cash on hand/rate of burn they'll be BK in 2 quarters I believe
.... yeah i'll hold off for now until some real good news comes out not the fluff that's been coming out.
Someone convince me why I should invest in this stock...
Tariff's affect entire chinese economy. Bad economy = more frugal citizens. More frugal citizens = less extravagant buying. Add the gov decreasing subsidies as well. Outlook does not look and agent orange doesn't look like he's about to give any breathing room any time soon.
I believe company is diluting like crazy, esp since rev's are down and future not showing any signs of relief. They're burning cash quick and need more, guess where will they get it - the open market. 1.07 bil OS and 714M float. Even for a trip stock that SS is heavy...
It's already at silver...
Does anyone recall the seeable size wall at.20 here today at end of day?
Yes, looking at the chart - .20 seems to be the next resistance that RELI needs to take and hold for it's next stair up.
RELI is the next CVSI popper.
I can't believe I have yet to start a position here since the ticker symbol change.
This is the only stock that can be a secure 100% hold in the OTC imo.
Yes, very good thing they retired those shares!!! Glad you agree that this company is not going to publicly dilute!
***DISCLAIMER: The information above regards The Company to whom this board is associated with. Any information I post is my own opinion on why I support or do not support The Company.
Can be seen as good and bad. Bad right now because of the dip it created, but good as now it can grow organically and pps should bounce back up and uptrend as the company releases their endeavors and projects. Will it take time? Yes, but that's how legitimate company's grow, 90% of other tickers here have runs that raise their PPS momentarily but fail to hold it. I believe this one will hold it's own after the dust settles from all this drama.
$IBGR - OS & AS Reduction!
131 Million Float - NO Dilution (c'mon they even reduced OS/AS to prove that).
Big news & updates coming regarding new project!!... and possibly... private funding
$IBGR - OS & AS Reduction!
131 Million Float - NO Dilution (c'mon they even reduced OS/AS to prove that).
Big news & updates coming regarding new project!!... and possibly... private funding
For those on the fence/watching from the sidelines.. ask yourself this, what's the purpose of REDUCING OS/AS? If a company is planning on diluting they will do the exact opposite and INCREASE OS/AS. Instead they turn it into preferred shares, while 'currently' negotiating a new finance deal "under the best terms possible"...
So with that said, what do you think will happen to those preferred shares if they aren't being sold to retail, to whom will they go to...?
Something is stirring and huge $$$ is coming, connect the dots...
$$$IBGR
Sharp stated that stocks he's affiliated are not pump and dumps and will take time to develop. With that said no company goes just straight up or down. There are always fluctuations in price - if a company is considered a scam because it can't hold onto its all time highs 100% of the time then all companies even those in the big boards are scams. Look at $NVDA, they're basically 100% down from their most recent all time high, hmm with your logic I guess they're a scam too huh.
Georgie bringing big things to his stocks...
Have some empathy for those who are panicking for we're all emotional beings and have all been in losing position. Although this one will be a winner soon enough!
Brummer and Nektarrrrrrrrrr
Exactly. Load the dips.
So.... who ready to become millionares?!?!
Buy IBGR, Doc's orders!
LMAOOOOOO WHO SOLD IN PANIC!?!?!
Lol shorters will get burnt. If TREP which had no real catalyst broke the shorts to push all the way to .19 a few months back then IBGR should have no problemo!
Up up and away
All stocks in OTC finance, why do you think they go public in the first place? Difference here is we have George Sharp handling the negotiations meaning 0 toxic financing.
Secondly he mentioned that they are still in the works meaning there won't be any new shares for quite some time.
This has gone up strong since Oct... nothing goes up forever without people eventually taking profits and the stock churning while consolidating. And on top of that there was obvious shorting going on here...
Yep, look at all the stocks that sharp is in and when he announced his affiliation with them. Even now they're still higher than what they were.
Yep, churning + exchanging of shares between those profit takers + panic sellers + shorts on a Friday too. Just like 867 said for every "seller" there's a buyer!
Watch us bounce off the 20 SMA to new highs starting next week! Can't wait!
Sellers remorse will hit them all.
Buying the blood...
Yep, shorters = runners who signed on for a marathon!
True that, RDGL had like a float of 680Mil at that time if I recall correctly.
Yep! Lunch time is coming to an end!!
This! Flippers/news sellers out today translates to higher sustained breakout run for the up and coming weeks!
The Doctor is in! I saw you were in the RDGL and GRDO runs, looks like you're in early here too! Follow the smart money!
georgie, the year is almost over! Hope you and everyone following this board has had a good year of gains!
Have you decided whether to pass this board on to one of your apprentices or just a complete shutdown once you retire?
1Mil volume made INTK go over 40% in gains... Imagine when more people see this bad boy!