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Hi all,
Vanilla are planning an update to the site on April 24th (next Wednesday). It is a major PHP8 update which is expected to boost performance across the site. The site will be down from 7pm and it is expected to take about an hour to complete. We appreciate your patience during the update.
Thanks all.

NIO

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Comments

  • #32
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    https://cntechpost.com/2020/10/14/jp-morgan-sharply-raises-nio-price-target-to-40-representing-85-upside-potential/amp/


  • #33
    HelloYoungBoy
    Registered Users Posts: 236 ✭✭HelloYoungBoy


    Timmaay wrote: »
    https://cntechpost.com/2020/10/14/jp-morgan-sharply-raises-nio-price-target-to-40-representing-85-upside-potential/amp/

    Thats a huge upgrade. This is going to be a good day


  • #34
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    HelloYoungBoy wrote: »
    Thats a huge upgrade. This is going to be a good day

    When I saw the romours on stocktwits 1st thing this morning I threw an order put in for 200 more shares on the frankfurt exchange for €18.70, but got cold feet and cancelled it immediately. Of course it shot up to €20 then on the actual news lol, and I fomo'd so actually bought more then lol. NIO represents half my overall portfolio at the min, I've bought steadily most the way up from $5, I do need to take profits and reduce my exposure to one single stock I know. NIO has been growing steady and regardless of this 40$ target I'd only expect it to leg up towards 25$, or if it gets pumped to 35/40 then I'd expect it to settle back towards 25 over afew days.


  • #35
    garrettod
    Registered Users Posts: 2,420 ✭✭✭garrettod


    Timmaay wrote: »
    .... NIO has been growing steady and regardless of this 40$ target I'd only expect it to leg up towards 25$, or if it gets pumped to 35/40 then I'd expect it to settle back towards 25 over afew days.

    Hi,

    Are you basing that $25 on some form of valuation method (and if so, mind sharing it please?), or just a hunch?

    Thanks,

    G.



  • #36
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    garrettod wrote: »
    Hi,

    Are you basing that $25 on some form of valuation method (and if so, mind sharing it please?), or just a hunch?

    Purely on past performance over the last few months, it's been range bound as be seen on the chart, the trend is your friend. I sold 40% of my stake on Friday, if I get the chance to buy back in at 25 over next week or so I definitely will, possible positive news moving forward are q3 earnings, and October delivery numbers, both to be announced in early Nov.


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  • #37
    RIGOLO
    Site Banned Posts: 1,463 ✭✭✭RIGOLO


    Timmaay wrote: »
    When I saw the romours on stocktwits 1st thing this morning I threw an order put in for 200 more shares on the frankfurt exchange for €18.70, but got cold feet and cancelled it immediately. Of course it shot up to €20 then on the actual news lol, and I fomo'd so actually bought more then lol. NIO represents half my overall portfolio at the min, I've bought steadily most the way up from $5, I do need to take profits and reduce my exposure to one single stock I know. NIO has been growing steady and regardless of this 40$ target I'd only expect it to leg up towards 25$, or if it gets pumped to 35/40 then I'd expect it to settle back towards 25 over afew days.

    thats very well played .
    People talk of doubling down to limit losses .. but your strategy of repeated buys on a rising stock is an oft times neglected art to maximise gains.

    I think NIO has plenty more room to run even at $28.48 and could still prove to be a life changing holding for many. until election results are in many stocks are in a holding pattern , like planes circling an airport waiting to be told which runway to land on.


  • #38
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    Dipped to $26.50 this morning, I picked up 200 shares on the frankfurt exchange, and quickly enough the large institutions stepped in and bought up the dip and back to $28. If only I bought more lol.


  • #39
    RIGOLO
    Site Banned Posts: 1,463 ✭✭✭RIGOLO


    Timmaay wrote: »
    Dipped to $26.50 this morning, I picked up 200 shares on the frankfurt exchange, and quickly enough the large institutions stepped in and bought up the dip and back to $28. If only I bought more lol.

    well played alot to be said for sell your losses and run your winners


  • #40
    crushproof
    Registered Users Posts: 2,714 ✭✭✭crushproof


    As someone who though they were smart doubling their money and selling out at $9 I envy you all!


  • #41
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    crushproof wrote: »
    As someone who though they were smart doubling their money and selling out at $9 I envy you all!

    Don't worry, I know your pain, had 1700 shares which I sold for 3.50 back in April 😭


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  • #42
    crushproof
    Registered Users Posts: 2,714 ✭✭✭crushproof


    Timmaay wrote: »
    Don't worry, I know your pain, had 1700 shares which I sold for 3.50 back in April ��

    Haha glad I'm not the only one. Win some lose some, tis the nature of the beast!


  • #43
    Jim2007
    Moderators, Business & Finance Moderators Posts: 9,987 Mod ✭✭✭✭Jim2007


    crushproof wrote: »
    Haha glad I'm not the only one. Win some lose some, tis the nature of the beast!


    Only if you are trying to time the market, in other words gambling....


  • #44
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    +9% on the back of absolutely no news lol, I've recovered most of my portfolio losses from yesterday phew.


  • #45
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    News of another price upgrade, from Morgan Stanley, and record monthly build figures within an hr of eachother this morning , I managed to grab as many shares on the frankfurt exchange as my degiro cash balance would allow once I saw it on stocktwits, nice pop now on the New York trading open to ath and over 30$.


  • #46
    canonball5
    Registered Users Posts: 445 ✭✭canonball5


    Almost one year since I started this thread, I can't believe where this price has gone.


  • #47
    RIGOLO
    Site Banned Posts: 1,463 ✭✭✭RIGOLO


    canonball5 wrote: »
    Almost one year since I started this thread, I can't believe where this price has gone.

    a near 30x return in 12 months

    and one year since you got this response ... ..

    Jim2007 wrote: »
    This is a company that not only is burning through cash a rate of knots, but has serious difficulties in raising further funding and in fact it's most recent attempt fell through. Base on it current cash holdings, if it continues it will survive a couple of more months before it crashes out. And it's gone through it's second senior financial manager in a couple of months.

    There is no incentive for the Chinese government or anyone else for that matter to step in, it's cheaper to let it burn out and pick up the pieces in a couple of months and the Chinese government are not in the business of making westerners wealthy.

    The company's immediate problem is funding and given that they seem to have no access to such funding, you can expect if it is to be found in will come at a sever cost to the current shareholders in some form of capital restructuring exercise.


    This is a very small company, a penny stock subject to all the usual risks of manipulation etc... and it will be difficult to get out when the bad news comes.

    This is not by any stretch of the imagination an investment grade stock and should be avoided by anyone serious about growing their wealth.

    You've basically bought a block of debt on the hope that something good will happen....    .


  • #48
    canonball5
    Registered Users Posts: 445 ✭✭canonball5


    RIGOLO wrote: »
    a near 30x return in 12 months

    and one year since you got this response ... ..

    I'm glad someone else posted that RIGOLO :D


  • #49
    cronos
    Registered Users Posts: 2,717 ✭✭✭cronos


    Time for a new thread on a different company? Any suggestions? Or are prices just too high in general in most cases at the moment.


  • #50
    canonball5
    Registered Users Posts: 445 ✭✭canonball5


    cronos wrote: »
    Time for a new thread on a different company? Any suggestions? Or are prices just too high in general in most cases at the moment.

    2 companies I like at the moment are, LiveXLive and Pavmed.


  • #51
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    NET, BIDU, TENCENT are 3 I need to do homework on they are either Chinese or have big exposure to China, which seems to of come out the other end of covid very well at the minute. NIO has plenty more room to go in my view however, up to 33$ premarket at the minute and yes largely gone parabolic which is always dangerous, but I'll happily let it go further.


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  • #52
    p to the e
    Registered Users Posts: 2,303 ✭✭✭p to the e


    Timmaay wrote: »
    NET, BIDU, TENCENT are 3 I need to do homework on they are either Chinese or have big exposure to China, which seems to of come out the other end of covid very well at the minute. NIO has plenty more room to go in my view however, up to 33$ premarket at the minute and yes largely gone parabolic which is always dangerous, but I'll happily let it go further.

    Keep an eye on Jinko Solar or ZTO Express for a more risky option. Personally I'm going to be trying to get into Alibaba as much as I can as they're a juggernaut of a company by themselves but they will also own a huge % of Ant.


  • #53
    helimachoptor
    Moderators, Science, Health & Environment Moderators Posts: 21,640 Mod ✭✭✭✭helimachoptor


    I got in at the start of last week, been some rise in that short time


  • #54
    crushproof
    Registered Users Posts: 2,714 ✭✭✭crushproof


    How far can this go? Vaguely tempted to buy back in but no idea how much higher it can go. Sold out months ago for pittance compared to its worth now. Regret of the year!


  • #55
    Standard Toaster
    Registered Users Posts: 10,250 ✭✭✭✭Standard Toaster


    I'm up 178% at the close.


  • #56
    garrettod
    Registered Users Posts: 2,420 ✭✭✭garrettod


    Citi raised its price target on Nio to $46.40 from $33.20.

    https://www.marketwatch.com/articles/nio-and-xpeng-are-wall-streets-favorite-chinese-ev-stocks-51604503374?mod=mw_quote_news

    Thanks,

    G.



  • #57
    Standard Toaster
    Registered Users Posts: 10,250 ✭✭✭✭Standard Toaster


    200% up on NIO now. Just hit $42 before closing.
    Beast mode.


  • #58
    garrettod
    Registered Users Posts: 2,420 ✭✭✭garrettod


    $44 :)

    Thanks,

    G.



  • #59
    crushproof
    Registered Users Posts: 2,714 ✭✭✭crushproof


    Just dabbled back in at almost 10x the price I sold for at the start of the year. Knowing my luck earnings will be rubbish and it'll plummet


  • #60
    p to the e
    Registered Users Posts: 2,303 ✭✭✭p to the e


    Bought in at 21 and sold at 45. If there's a dip I'll most likely buy back in.


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  • #61
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    Tried to buy more this morning on Frankfurt for 36e (42.50$) but didn't quite dip enough, went back to 44$ quick enough. I'm not going wild with more shares anymore but happy enough to buy on afew dips pre earnings on Nov 17th.


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