$NIO Inc.(NIO)$ In case anyone hasn't been paying attention, the strategy of buying on dips has worked well over the past few months. Today looks like another such opportunity. Remember, the people here calling this an "easy short" were saying the same thing a year ago when Nio was half its current price. They reiterated that advice a little over a month ago, ahead of earnings, when Nio was at $4.40. To me, Nio is doing everything right as a company. With fundamentals this strong, it's only a matter of time before the share price doubles again. Consolidation and brief pullbacks are a normal part of that process.
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