RadioActive
10-02

‌$NIO Inc.(NIO)$  ‌So my average on NIO is 37 $, does anyone think i can recover from that? i feel its impossible now.

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.

Report

Comment（16）

  • Top
  • Latest
  • 3nn
    ·10-02
    TOP
    No way…Chinese stock dangerous..cut loss and buy into Nvidia or amd better than waste time trying to average down. Nio will not touch $20 at all in the next few years
    Reply
    Report
  • Kayatoast
    ·10-02
    TOP
    so they are asking you to average your cost down. If you have 1 lot of Nio at $37. Then buying 1 lot of Nio at $7 now will average your lots to $22 per lot. So the more you buy at lower cost, the lower your average. But that is assuming you believe in Nio long term bet.
    Reply
    Report
  • Blessedme
    ·10-03
    TOP
    buy 100 or 1000 at 7dollars to bring down the price. It will take years to reach 37 dollars or it may not reach that price.
    I got assigned to Rivian at 80 dollars when my option trade was 8 months away from expiry due to dropping price. I keep buying at lower price to bring it down to 40 bucks n I am still buying to lower 40 dollars. if you buy 100 nio, you can lower the price to break even or make a small profit.
    Reply
    Report
  • Martinkwong
    ·10-07
    Too many other Chinese brands EVa in the market to compete now… probably need wait many years to get to $37…
    Reply
    Report
  • Zarkness
    ·10-03
    It’s heart pain to see this but you can see in another way … help you to grow up and improve on decision making . . . I had similar experiences and once u can have a decision on your own , it just doesn’t matter anymore … jiayou my fren …. Your own solution is the best for your own self . . Even it doesn’t turn out the way you wanted doesn’t mean it’s bad… as long it’s not the matter of life and death… it’s just small matter …
    Reply
    Report
  • Kallu
    ·10-03
    $37!!! You brought this up in 2021??? Better to average 1000 stocks now...all the best !!
    Reply
    Report
  • gaof0002
    ·10-03
    I averaged it down. I am very confident that it will go into 60 in 1-2 years time
    Reply
    Report
  • ICEsh00ter
    ·10-03
    not impossible but will take a while. suggest u dca if possible.
    Reply
    Report
  • RadioActive
    ·10-03

    Thanks everyone for replying. It seems like i wont recover from that :(

    Reply
    Report
  • FearX
    ·10-02
    The tariff news for EU will hit Chinese EVs.
    Reply
    Report
  • Loricyau
    ·10-02
    再买入降低成本
    Reply
    Report
  • Dumplinggogh
    ·10-04
    Bot mine at 45+...
    Reply
    Report
  • Shiok88
    ·10-07
    NIO $37?
    Reply
    Report
  • Confused fear worried
    ·10-03

    Great article, would you like to share it?

    Reply
    Report
  • Confused fear worried
    ·10-03

    Great article, would you like to share it?

    Reply
    Report
  • Nasbhai
    ·10-02
    DCA
    Reply
    Report