Limwy
10-16
$NIO Inc.(NIO)$  bad news today. So sell or don't sell????
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Comments

  • fibance
    10-18
    fibance
    Hard for GIC to win the case. They have to first prove that it is indeed fraud. Then they have to prove causality (fraud caused them to lose money). NIO also has in the past took actions to demonstrate accountability (independent internal investigation) as well as successfully listed in HK and SG (both requires stringent checks). So, I’d say… this is a non-event.
  • Mortimer Arthur
    10-17
    Mortimer Arthur
    Any time you see goofy old press that causes a major stock drop, you know a big announcement is right around the corner and stocks going much higher, pretty obvious yesterday

  • Venus Reade
    10-17
    Venus Reade
    Wait for the big explosion, maybe today after the opening or maybe during the holiday, as the Chinese love surprises on holiday.

  • Limwy
    10-17
    Limwy
    I have sold majority and kept some. Let’s see.
  • Porter Harry
    10-17
    Porter Harry
    It’s just old news, so I’ll hold for a few days to watch.
  • dralhc
    10-17
    dralhc
    Sell, legal case is very fishy.
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