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Anonymous

27 Aug 2020

βˆ™

Stocks

NIO Stock Discussion?

Anybody think it will rally even higher this week or will people look to sell off? Want to hear thoughts from the SG community. Anybody thinks that it is possible to be the next Tesla and trade at 2k in the far future?

Discussion (2)

What are your thoughts?

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Value it from a business perspective. Not a value play. It's the type of play where you can get 20-100 times your money, at risk of losing 100% of your capital. Allocate monies that you can afford to lose.

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Maisul

27 Aug 2020

Youtuber at Google (Channel : Say Do Invest)

There are so many EV hype at the moment. Their valuations does not make sense in my opinion.

NIO is not profitable yet so you are buying on future assumptions.

I would consider this as a spec stock and would not invest more than 5% of my overall portfolio.

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