There is never enough buying a good amount of shares of a good company 
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Nio’s an interesting one. Surely there’s going to be one Chinese car company that eventually cracks the worldwide market? I know they had plans to expand into Europe - though obviously with the UK driving on the other side of the road and our standards needlessly diverging away from the EU, I’m doubtful we’ll ever see them here.
Regardless, the Chinese market is massive enough (and growing) that they could stay within China and do very well. I wish I could find an “EV manufacturers by volume” list for China but here is a list of EV brands over there: Electric vehicle industry in China - Wikipedia
The Chinese market is certainly competitive!
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I was researching how many people try to short this stock.
20% short volume ratio-
Tesla is 25%. Pre-market is still in the green. I always watch the pre-market, it is a good and fair indication of the security’s direction.
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It would be interesting to see how NIO could perform globally on its own without help from Tencent/Alibaba. Not saying a Sino company needs their help, but I have seen scant examples of a Chinese company without it. So far Bytedance has been the only other truly global Chinese brand. Certainly NIO’s US listing has helped. Up 174% since late may when I bought at five sterling!
Will NIO be added soon?
It’s already on 
Not available in the ISA.
Dropped off quite considerably today after being 20% up at one point but I think long term it could be great
Was there any news?
I saw it at 15 USD in the afternoon, just looked and it closed at under 13 USD. The initial increase probably was due to China closing on a positive note, but I don’t know what happened for it to go back down.
Not that I’m aware of.
Perhaps cooling off after nearly doubling within a week is my guess. With a Mcap of ~$14bn vs Tesla’s $205bn it could continue to grow (although they don’t have Mr Musk) even if that’s just within China.
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There is no clarity about where underlying listing for NIO is. Most of big brokers do not have it in theirs ISAs. I think you will have to use Invest account to possess some of those shares. But member of team may clarify that
@EquityInvestor I think people were just taking profits after few days of rising, but that’s just my point of view
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Thanks @Ashige and @MrChew, to be fair I was tempted to cash in about half of my investment and just leave the profits (I was doubling at one point, I am now a bit under).
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I briefly hit 100% gain today but after it dropped off this evening thought I’d top up my holding… gunning for a $30 SP!
Is no one else holding them long term?! I feel alone, surrounded by weekly traders!
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I am holding it long term, but if there is a glimpse of a risk of delisting then I will sell.
Also, if I feel like it has to consolidate at some point and pull back then I may sell half of it with the idea of buying cheaper/making some profits . I think the Nasdaq will have to go down at some point.
Longggggggggggggggggggggg *1000000
Long term holder too, cautiously so though. A bit gutted that the price has gone up so quickly too as i would have loved to get more at or around my original purchase price.
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I agree, I am very cautious mainly due to the risk of delisting and its highly risky balance sheet.
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Holding long up 293%
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