I have officially sold off my entire $NIO position.
I am out of this stock entirely. Too many red flags flashing at me. It’s been the worst ride of my life. I need to move on.
Good luck to everyone.
-Morty
Investing in $NIO might of been the dumbest decision I have ever made in my life. Sure the company is great and they have a great product but from an investor stand point, Jesus Christ. Worst decision I have ever made. It’s endless pain. ENDLESS.
Huge key takeaways from the eanrings call: $NIO
-Vehicle margins will be double digits q3 and onwards.
-$NIO has a smaller sales team than competitiors which is why we saw a lack of sales in the past. They are growing their sales team
-$NIO mentioned their battery swap busniess
Congrats to $NIO for being the biggest piece of shit stock on planet earth.
Anybody who even tries to chart $NIO and do TA, FUCK OFF. This stock is manipulated and you cannot chart this piece of shit.