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"Nio"

Four years I was writing blogs about "Nio" when it was trading at $22.00 per share and building less cars than it does now. Now I ask this? Are these $5.00 Call options on Nio which expire in three days a trap? $5.00 options with three days to go are not for the faint of heart. Other option traders seem to be following this action. I like this chart and three days in option trading is a long time. .. Let's see what happens on the opening. Now Wednesday at 10:17 a.m. Take your money and run. This was a case of banking on a continuation of morning rallies. The charts kind of told us that might happen. Here is how this chart jumped again on the opening. I would think this game has come to an end.
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Buying Back Shares To Help Lift The Stock - EV News Again

After years of work they now have three truck sales.
Now this.
Would I be buying this stock? NO. Another reverse stock split seems to be in the wind.
On a differing note "Faraday Future" is busy running around race tracts breaking speed records.
I guess they are burning off steam after recently doing a 1-80 reverse stock split. Image that! Yes it really did happen.
What a crazy race to go electric.** Now Mullen again one week later.
**** An update in July 2025.. Nothing has changed much. We still have struggling car making companies.

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