$NIO Inc.(NIO)$ NIO shorts are terrified right now. You can see the desperation and increased frequency in their sad and toxic tweets. Deep down they know they’re screwed. Bottom is likely in, downside from here is minimal, upside infinite. NIO is heading significantly higher. Mark it.
Big institutions like to buy stocks trading above $5, anything trading below $5 is considered a penny stock as far as they are concerned with exceptions. Once NIO trades above $5 for some time then we’ll see institutional interest
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Comments
I'm not buying at current price.
Below $4 is worth looking at.
Weekly registration report is a killer.
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