RadioActive
10-02
‌$NIO Inc.(NIO)$  ‌So my average on NIO is 37 $, does anyone think i can recover from that? i feel its impossible now.
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Comments

  • 3nn
    10-02
    3nn
    No way…Chinese stock dangerous..cut loss and buy into Nvidia or amd better than waste time trying to average down. Nio will not touch $20 at all in the next few years
  • Kayatoast
    10-02
    Kayatoast
    so they are asking you to average your cost down. If you have 1 lot of Nio at $37. Then buying 1 lot of Nio at $7 now will average your lots to $22 per lot. So the more you buy at lower cost, the lower your average. But that is assuming you believe in Nio long term bet.
  • Blessedme
    10-03
    Blessedme
    buy 100 or 1000 at 7dollars to bring down the price. It will take years to reach 37 dollars or it may not reach that price.
    I got assigned to Rivian at 80 dollars when my option trade was 8 months away from expiry due to dropping price. I keep buying at lower price to bring it down to 40 bucks n I am still buying to lower 40 dollars. if you buy 100 nio, you can lower the price to break even or make a small profit.
  • Martinkwong
    10-07
    Martinkwong
    Too many other Chinese brands EVa in the market to compete now… probably need wait many years to get to $37…
  • Zarkness
    10-03
    Zarkness
    It’s heart pain to see this but you can see in another way … help you to grow up and improve on decision making . . . I had similar experiences and once u can have a decision on your own , it just doesn’t matter anymore … jiayou my fren …. Your own solution is the best for your own self . . Even it doesn’t turn out the way you wanted doesn’t mean it’s bad… as long it’s not the matter of life and death… it’s just small matter …
  • Kallu
    10-03
    Kallu
    $37!!! You brought this up in 2021??? Better to average 1000 stocks now...all the best !!
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