The market wants to believe in Xpeng, last few days price action was not retail buying but actual big boys buying hoping Xpeng, The Company, will provide some positive for the stock to rise; like literally big boys with all fancy models and hedging.
The Company keeps disappointing. Look at Li, I will not buy this and only short at every rise above ~10.50.
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.