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cgavin5

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cgavin5

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Monday, 05/11/2020 9:30:30 AM

Monday, May 11, 2020 9:30:30 AM

Post# of 110702
Closed NIO at a loss. I've been holding this Chinese electric car manufacturer since before tRUMP's trade tariffs on China, with fairly good prospects till he intervened. I still believe that the company may be able to develop a niche in China, but since all this, Tesla has made gains in China and NIO continues to flounder. I will buy this back with the intent to trade. As it does want to trade within a range.

Original purchase price with adds- $4.81. Closed at $3.69.

I think the last straw was the ADR fee recently charged for NIO.
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