KennyLSJ
2021-08-12

$NIO Inc.(NIO)$I have been trading a lot on NIO since last year when they were on the edge of bankruptcy. And lucky enough, I followed them from $3/share to $52/share. In between there was a lot of selling and buyingback of the shares.

I am amazed by the rate of growth for this young company that has just passed their 5 year mark not long ago.

I see NIO not only as an EV company but more of a lifestyle. Their BaaS model together with NIOLife and NIOSpace has made them what they are today. Heavily focused on the customer service experience at their facilities and user experience of their end product. This has greatly assisted the company in their growth in both user acquisition and consumer loyalty.

This is one company that I foresee a tremendous growth over this decade, especially when a lot of countries are working towards the net-zero environment.

As of now, I do not have a price target for NIO yet. Given that I had last exited the share at $52, I have the benefit of re-entering at any entry price below.

For now, I will be monitoring till end of August and see how the market reacts as the share price seems to be hovering.

Should I be buying it any time earlier, it will definitely be on my timeline. So follow me to see what my future purchases are!?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Win2彰恒
    2021-08-16
    Win2彰恒
    Any chance to rebound since death case happen
    • KennyLSJ
      I believe it will, hence this week we may see a good price to buy.
  • Vin22
    2021-08-15
    Vin22
    Thanks for sharing. I am also following Nio, I belieVe it has great potential.
  • Merc8123
    2021-08-17
    Merc8123
    When will Nio goes to $70? let alone goes to the moon.
  • Alihuat
    2021-08-21
    Alihuat
    wow.. $3 to now... need to read more and start...
  • LeongSS
    2021-08-16
    LeongSS
    the most need to concern it's a China stocks. everything on China seems unpredictable from their government. Stay safe and happy trading everyone.
  • Hunter88
    2021-08-15
    Hunter88
    Pls like & comment
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