Crazy_Cat_Man

Everyone should have made money on NIO

Corto
NYSE:NIO   NIO Inc.
It's one of those "Buy & Hodl" stories. My Think_scripts don't translate nicely over to Pine_script, but the general consensus across multiple platforms and strategies is that Nio's price is unsustainable. It tredns similar price movements to Tesla, but it also trends in the direction of the VIX, which leads me to believe that China is heavily influencing both. Inverse assets... Unless you can take $500k and go buy a car that is almost ready for Pikes Peak, then there is no way that Nio's price is justifiable. Nissan stock should be worth $10 before Nio is ever worth $5
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