NIO‘s Earnings up! Will it Finally break out?

$NIO Inc.(NIO)$NIO’s positive earnings report came as no surprise with deliveries finally making it’s way to customers. This stock has been trending sideways recently as the market is uncertain mainly due to the Chinese government’s checks and balances on its companies. 

However I feel there is nothing to fear for NIO holders as the company is on the right path and everything is done according to rules and regulations. In fact, I feel that the government being strict on it’s own companies it will weed out companies that are fundamentally not as sound or are looking to make a fast killing by listing it. 

NIO on the other hand is expanding with the support of the nation and it’s people. All in all, NIO looks set for a run up on its share price as fundamentally the company is sound and it is growing!

I would love to hear opinions on NIO from the Chinese themselves. Please do share your thoughts and views on this. It is much appreciated.