qunz
09-30 21:34
$NIO Inc.(NIO)$  keep buying the dip. Do shorts know the value of Nio's deal? On paper yes 1B may not seem like alot for 30% of Nio swap stations, but Geely is commiting to join the evosystem to build more Tgt. This is the beginning Of Nio's rise. Geely is the first abd won't be the last.
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Comments

  • Meoooow
    09-30 22:45
    Meoooow
    AI response
    Geely is paying 640 million yuan (approximately US$95 million) in cash to NIO as part of their battery-swapping strategic partnership.
    Additionally, the comprehensive agreement features an option allowing Geely to invest an identical 640 million yuan in cash within two years to increase its equity stake in NIO Power to 34%.

    How long can this money last?

    πŸ₯₯ πŸ₯₯ πŸ₯₯

    • qunz:Β 
      Its not about the cash. Why would Geely throw money into a dying technology? It’s because they want to grow it together. Geely robotaxis over a million of them will use these swaps and potentially chips as well from Nio.
  • Meoooow
    09-30 22:59
    Meoooow
    Volume is low when price is so cheap. Wonder when can see $4.
    Stay safe.  Buy cautiously with money you really have.

    πŸ₯’ πŸ₯’ πŸ₯’

  • Meoooow
    34 minutes ago
    Meoooow
    Need to see what management do next.
    They don't care about the share price.
    They just want to expand and expand.
    Money easy come easy go.
    Old habits die hard.

    πŸ₯₯ πŸ₯₯ πŸ₯₯

  • Meoooow
    09-30 22:50
    Meoooow
    Anyway
    Buying now just hold until year end to see what awaits.
    If you throw in a million then maybe you might see another million.
    Shortsellers have already made their millions and longs have lost millions.

    πŸ₯œ πŸ₯œ πŸ₯œ

  • Meoooow
    17 minutes ago
    Meoooow
    Need a CEO who can make money for shareholders.
    Not even a single cent received and paper losses ballooning.

    πŸ₯₯ πŸ₯₯ πŸ₯₯

  • Meoooow
    Latest
    Meoooow
    Nio is a big red mark in GIC portfolio.
    No idea when can get the money back.

    πŸ₯₯ πŸ₯₯ πŸ₯₯

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