$NIO so let me get this straight. NIO is currently trading in Hong Kong at 94.75, so basically $12.1. Means we have a huge gap to fill at least. But considering $XPEV is trading in Hong Kong at 38.1 ($4.9) and $LI at 75.5 ($9.7) we see the pattern that the US market is far more forward looking(?) or aggressive. I conclude that NIO at the current levels is an absolute steal, especially if you're reminding yourself of the outlook for the 4th quarter and the expectation to be profitable in Q4 2023.
Am I the only one seeing the huge insane potential right here?
$NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$ $Li Auto(LI)$
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Nio back to $25 by mid 2023....n perhaps higher if China ease covid policy
Who are the ones controlling the price?
Why does the share price goes up on bad news while goes down on good news?
I really dun know.
😭😭