r/nio
Shorting
The author suspects naked shorting is causing NIO's unjustified drop and hopes for a mini margin call if the price holds above $5.00.
- NIO has no fundamental reason to fall and should be valued as a standard EV stock.
- High short volume could trigger a mini margin call if the price holds above $5.00.
- Apparent naked shorting and massive volume are creating immense downward pressure on the stock.
just to piggyback of the other post today, naked shorting is apparant, stock has no reason to fall, se we should price it as a regular car stock and not Tech or "AI", at least yet.. and for some reason stock does a huge downturn,
I entered 9:28am on 21th, stock looked good, than the next 2 hours we have 44 million volume, just in those 2 hours, creating a huge short, next day follows same.
those 2 candles had way to much short volume.. so, if we are lucky we can see a mini margin call, i guess if price keeps above 5.0$
https://preview.redd.it/nq65wc8b2j3h1.png?width=1228&format=png&auto=webp&s=2197fa143db4c1999564258b3d932353ea9220d4
Every retail investor should atleast have stocklending turned off in all their accounts. And don’t think that you haven’t turned it on in the first place, go there and you will be surprised to see your own stocks are being given to short sellers and don’t be fooled by the pennies you are getting. Its not worth it. Don’t support a system that works against your investment
turned off on IBKR.
Brother,
Shorting is happening. The shorted shares count went from 143 million to around 135 million and now back up to 138 million.
User does not meet r/Nio combined karma requirement. Please refer to https://www.reddit.com/r/Nio/about/wiki/index/rules.
I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Nio) if you have any questions or concerns.
The problem isn’t naked shorting it’s that everyone that could stop it knows they’re doing it and allows it because it’s their buddies and they don’t want to see them go belly up.
There just happened to be a billionaire troll who hate Nio... Losing money is nothing to him. Boast his ego is his aim...
💪
Money makers lost a huge amount of money during Covid for this company to go crazy up for no reason.. they’ve been getting back at it post its downfall.. again Chinese economy and stock market is a horrible place due to the breakdown of their housing market for the past four years.. the recent data is also no good and imagine being Chinese and also look at all the EV stocks with the exception of Tesl they all have dumped this year. And this is what we get. MU goes up 20% in a single day and we can’t even move one percent. This is such a horrible stock to hold and it’s painful.
At this point i hope for NIO meeting June 24th, they announce "AI" as part of their future plans. lol
no but seriously the stock market is a joke, chinese economy has maybe halted in some sectors, but its not dying or regressing.
Xpeng and Li auto has their fair share of share price run up with increase of EV delivery after covid but not Nio. Nio is being artificially suppress. Nothing to do with Chinese or Chinese economy. People just need to admit Nio is being targetted by some rich troll who want to suppress the share price.
NIO just has too many shares in the market for anyone absorb
Just part of the game. Dont hate the players hate the game.