r/nio
600 Signatures 🎉🎉
Petition launched to investigate alleged illegal trading activity at NIO, gathering signatures and contributions.
- Allegations of illegal trading activity at NIO.
We have over 600 signatures and 15 contributions to the petition for the illegal trading activity of Nio to be investigated!!
Sign and share across platforms 🙏
https://c.org/NSqWHxy4dg
They absolutely HATE retail. The goal is wealth transfer, that definitely includes retail. Fair? Nope
Denial that the whole industry has been and is still overvalued- eventually every ev maker will need to trade at a pe of 14 to be a fair market value with traditional automakers- it starts with a higher pe as it has early growth at much higher rates than existing industry - but eventually will fall inline with the industry it is replacing- that is why the stock fails to go up even though it’s finally getting out of danger- but it’s industry’s multiple is dropping at a faster rate than its company’s performance
Sooo, shorting a stock is illegal now?
Is this the new GME reddit?
Artificial suppressing the shares price
Ok but wheres the proof of that? Or any kind of manipulation?
As I read it, the petition is to force an investigation of foul play or manipulation. So, there is no proof, but a suspicion. An investigation seems fair to me
There is none, NIO solution is obsolete, these people are just to emotional and think it’s the greatest thing since sliced bread. When in reality, NIO makes great EV since they had 10 years in advance at making it. But squandered it away by trying to be Tesla as a brand early on when China EV market was in its infancy. NIOs price stock is justified since ZERO brand recognition (after 10 years) with an out dated solution as Battery Swap (overhead cost) and BAAS (this goes hand in hand to EV sales, without EV sales, how are you going to sell BAAS or why would I even want one when the new battery comes with a manufacturer warranty along with NIO is a Luxury EV, their audience more likely can afford a home with a wall charger). Let’s not forget the lawsuit for their Battery swap technology as well, even if it’s bogus it’s stopping them or halting them. Worse is the overhead cost again on setting one of those up in another forgiven market. Property ain’t cheap, NIO learned that the hard way with their NIO houses (another big financial blunder).