Replies to post #6351 on Nio Inc (NIO)

[CBD_Kindaguy]

Thanks for responding Pete. Have a great night and good luck.

[phlabbergast]

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.