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NIO Could This Be The Real Thing?

Do you know the company? The stock first came to the DJIA back in 2018 at $6.25 a share and no it doesn't pay dividends. It took off. Here is it's share pricings dating back to when it first got listed. A lot of people got burned. Here was an overseas company boasting of having the fastest electric car in the world. Zoom went the stock and then it crashed. Now this. Today it had news. A quarterly earnings report and for the first time it turned a profit. That was a suprise.The new question is can they continue to do this or was this event just a splash in the pan? Look what happened this morning. This is a five day chart. Look at these 9:46 a.m. Call options and the 4:00 p.m. options. ... So this is a situation where you can buy in after the release of good news and still get out in the day at a profit. Imagine if this news came out on Thursday afternoon just after the closing bell? Inexpensive little soon to expire "one-day" Call options would shoot to the moon....

Polestar Tumbles After A Reverse Stock Split.

Here is this mornings chart.
There is a bit of a technical glitch in the Calls and the Puts with no open interest numbers and impossible bid and ask numbers.
When you look out further to January options you will see that the situation remains the same.
When you see a chart like this it's best just to stay away. I will do an update later when the interest in these options get sorted out. The company continues to lose money. Polestar later in the day. This was a 1-for-30 reverse stock split.
Polestar continued to drop on the following day.
** Now a December 28th update.
They continue to advertise heavily on football gaames. Have they learned anything from their past mistakes? How did they turn things around?

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