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novicetrader

12/30/23 10:31 PM

#3073 RE: basesloaded #3072

Agreed,NIO isn't doing all that great. The point/comparison I was trying to make was not so much about the company fundamentals but simply comparing the stock price action.I forget what the prices were,but NIO traded somewhere in the $1-2 area and then it shot up to $40-50 range in a year or so.Of course,it was a different time for EVs then & also NIO being backed by the China govt made a difference.But FSR can at least make it to the $3 mark is my thinking.