$NIO Inc.(NIO)$ P72 - So they sold some in Q1 to add to fear in Nio shareholders, (didn't work) and bought back in during Q2 as shorts started playing games. Guess what happens next. I bet you there a ton of unhedged retail shorts out there about to get burned. Cit a del is probably well hedged and will probably make money when the table flips...figures. P72 isn't the only one. These big guys get together for dinner all the time and plan these moves months if not years in advance. That is why retail loses both long and short unless you buy hold and add.... or in the short case sell hold and short more. Problem for shorts is... short side is very limited. Nio is not the juicy short it once was. The narrative proves it.
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.
