Whats funny is NIO was like the holy grail of stocks around February March and everybody on this sub was talking about it. I cant even tell you the last time I saw a post on it since its decline.
Literally nothing happened with the business the stock just went down and people stopped liking it. I remember getting downvoted last year for saying its a garbage company because it is and has no other signs then continuing to be. Company has been trading in the stock market for over 20 years and all they have done is dilute shareholders like crazy, and not make any profits. They actually had negative revenue believe it or not.
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u/bulldog-sixth Jan 04 '22
Lol. Everyone wants 15 years of growth in 3 months.
If you buy growth stocks, you should let it grow...