$1X NIO(NIO.UK)$ What would you call a stock that has tons of stuff going for it, and hasn't been going up? I say WAY undervalued!
NIO has 2 factories being built as we speak, hundreds more battery swap stations built this year, and 3 new cars being built next year, including a new BRAND to sell to the mass market from $25,000-$32,000. The ET7 by itself will add at least 50% growth to the delivery numbers, and a much larger margin to the bottom line.
ALSO, they are expanding into Europe, STARTING this Friday!!!
I call it a true bargain at these prices. This is what NIO does. Market inefficiencies and market manipulators try to keep a lid on the stock price, and then the stock price plays "catch-up" as it did last year at this time. The only difference is that NIO has so much more going for it now than at this time last year.
Friday we'll be having great PR from the Norway opening, AND September numbers should have another all-time record in deliveries. October numbers will include Norway sales. August deliveries were down, but partially because cars made in August that were delivered to Norway WOULD have been sold and delivered in China and added to the August numbers will pop the October numbers!
If you can't see what a bargain NIO is now, then you aren't trying to see it.
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