Boiler Room: The Official Stock Market Discussion

DaddyFresh

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I just don't trust China (NIO) . Probably need some peanut butter for this :jelly:
JP Morgan gave them a green light . I don’t trust China either but NIO is a great company and if it does take off this can give generation Z and millennials a massive wealth distribution. All those blue chip stocks won’t do that. And China is very unlikely to sabotage EV because they already have BIG pollution problems.
 

TheGodling

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So what's the play with NIO? Is it still worth copping now or better off waiting for a big drop? :jbhmm:
 
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So what's the play with NIO? Is it still worth copping now or better off waiting for a big drop? :jbhmm:

Reached a high of 54 and then got hit with the Citron nuke. Fell to about $40. I copped at $41 and change before close on Fri. Still overvalued of course so it could fall further but earnings are coming up as well so maybe not. Impossible to time it exactly, I felt low 40s was a decent start I can average down if need be.
 
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