As a long-term investor, to some degree I agree with Citron to the point that NIO is due to some consolidation (short-term traders taking profit). However, I'm more aligned with JPM's rating update on potential future market share. Strengthening fundamentals, government support, NOP, expansion into Europe, etc. are good long-term catalysts for NIO.
Whoever came up with this is trying to capitalize on the lack of knowledge of NIO shareholders and their inability to analyze share price. 77d US, ultimately. Don't give in and sell yourselves short to Short Sellers. Invest long term in this company.
As a long-term investor, to some degree I agree with Citron to the point that NIO is due to some consolidation (short-term traders taking profit). However, I'm more aligned with JPM's rating update on potential future market share. Strengthening fundamentals, government support, NOP, expansion into Europe, etc. are good long-term catalysts for NIO.
Whoever came up with this is trying to capitalize on the lack of knowledge of NIO shareholders and their inability to analyze share price. 77d US, ultimately. Don't give in and sell yourselves short to Short Sellers. Invest long term in this company.