Replies to post #5798 on Nio Inc (NIO)

[BottomBounce]

$NIO MAJOR REASONS WHY THIS COULD HIT $15+
The Chinese Government is backing NIO
TenCent group invested 100's millions
Warburg Pincus Buys 28m shares
Credit Suisse Group says $12.60; The firm set an “outperform” rating;
Tesla investor Baillie Gifford & Co. acquired an 11.4% stake in the company.
Almost 45% Short; REQUIRED TO COVER
NIO (NYSE:NIO) has been given a $9.00 price objective by equities researchers at Deutsche Bank in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target indicates a potential upside of 38.67% from the company’s previous close.
NIO is also backed by Tencent, Temasek, Baidu, Sequoia, Lenovo and TPG. Founder&CEO of NIO is founder&CEO of Bitauto Holdings which has a revenue of > 1,54 billion. These are facts which can't simply be ignored.
Their History is INCREDIBLE- READ THIS
https://www.gurufocus.com/news/776847/contest-long-nio--pioneers-in-premiumclass-electric-cars-in-china

[$Pistol Pete$]

$NIO Other sales in the first quarter of 2019 were RMB96.0 million (US$14.3 million), representing an increase of 76.4% from the fourth quarter of 2018. The increase in other sales over the fourth quarter of 2018 was mainly attributed to an increase in revenues derived from NIO life merchandise and services provided in the first quarter of 2019.

[$Pistol Pete$]

$NIO Chinese Startup Nio Receives Additional Funds, Promotes Partnership In Building Cars

https://en.businesstimes.cn/articles/112886/20190529/chinese-startup-nio-receives-additional-funds-promotes-partnership-building-cars.htm