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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (163715)	10/15/2020 9:37:42 AM
From: TobagoJack	Respond to of 217713

Re <<NIO>> ... is being Tesla-ed zerohedge.com Nio Shares Up Another 2% Pre-Market After Call Options Help Fuel Yesterday's 23% Surge Chinese EV maker NIO looks like the next candidate to become insanely overvalued with the help of an options market gamma squeeze. Shares of the electric vehicle company are up 1.7% already in Thursday's pre-market session after a barrage of options trading helped the EV maker surge more than 20% in Wednesday's session. The fuse for Wednesday's surge in shares came as a result of both JP Morgan upgrading the name and NIO seeing its options, specifically its $25 strike October calls, leading the most active among all U.S. contracts. By the afternoon, more than 80,000 October $25 calls had traded hands. On Thursday morning, open interest for the contract, and many other October calls, was above 20,000 contracts, despite there being less than 48 hours until expiration. No word on whether Masayoshi Son was seen anywhere nearby... The question of whether or not the action in the stock - which now sports a market cap close to $33 billion despite delivering just 4,708 vehicles in September - had more to do with the upgrade, or the surge in the options market, remains to be seen. But it wouldn't surprise us if NIO became the next candidate to "pull a Tesla", now that Softbank showed the entire market knows that the gamma squeeze strategy works and isn't going to be actively enforced against by regulators. Nio delivered just 10,331 vehicles in all of the second quarter 2020 and did $493.4 million in vehicles sales during the quarter. The company also did a massive capital raise earlier last month, selling 13,275,000 ADSs back in early September at a price of $17 per ADS. We 're sure those who participated in that raise aren't complaining about the gamma squeeze either. Sent from my iPhone

To: Julius Wong who wrote (163715)	10/15/2020 11:05:37 AM
From: TobagoJack	Respond to of 217713

Am in Nio Funded by further extractions from TSLA The pair-trade features high volatility, and not necessarily always moving in positive correlation. Core Comrade Jinping might back Nio. Unclear whether he would continue to back TSLA. I believe he would and shall.

To: Julius Wong who wrote (163715)	10/16/2020 6:25:16 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217713

I shall hold off on ordering my desired Mini Cooper EV Problems reported with Hyundai, BMW, and Ford EV/PHEV models Investor concerns about the quality of electric vehicles (including plug-in hybrids) have heightened in the past month. There have been a number of reported cases of Hyundai’s Kona EV catching fire, while several media sources (including Electrive on October 13) have reported that BMW is recalling 26,700 plug-in hybrids. On the heels of Ford’s recall of 20,500 Kuga plug-in hybrids, the automaker is also reportedly set to delay the roll out of the Escape plug-in hybrid into next year rather than launching this year (Bloomberg, October 14). Based on company data, LG Chem supplies batteries for the Hyundai Kona, and batteries for BMW’s electric vehicles are supplied by Samsung SDI and Contemporary Amperex Technology (CATL). Doesn't seem that simple.

To: Julius Wong who wrote (163715)	10/16/2020 8:54:58 AM
From: TobagoJack	Read Replies (2) \| Respond to of 217713

TSLA rise was absurd NIO may be more so May both continue so edition.cnn.com Electric car maker Nio was in a slump in March. Its stock is up 1,000% since then Hong Kong (CNN Business) — China's wannabe "Tesla killer" is on a wild ride. Just seven months ago, Shanghai-based electric vehicle maker Nio ( NIO) was seen as a cautionary tale. Its stock had cratered to less than $3 a share in New York trading, investors were calling the company a flop that put them off other startups, and it was bleeding cash. Since March, the stock has soared by more than 1,000% to $26.50. It gained more than 22% on Wednesday alone. And Wall Street analysts are again advising investors to buy into the company. So why the dramatic turnaround? Analysts at Citi, who nearly doubled their target price for the stock on Wednesday to $33.20, said that new factors had emerged to support their belief in the automaker's growth, including "a very strong order backlog" racked up during China's Golden Week holiday, recent market share gains, and its efforts to cut battery costs Nio, which is backed by Chinese tech giants Tencent( TCEHY) and Baidu ( BIDU), is often hyped as one of the fiercest homegrown competitors to Tesla ( TSLA). Before it had even sold a single car, Nio focused heavily on creating a brand, selling millions of dollars' worth of Nio hats and other merchandise online. It went on to set up services such as battery-swapping, mobile power vans and "Nio Houses," showrooms that aim to double as clubhouses with a library, open kitchen and workshops for kids. An injection of 7 billion yuan ($1 billion) in April by state-backed investors in the Chinese city of Hefei, where Nio recently set up a new headquarters, was critical in restoring investor confidence, said Tu Le, founder of Beijing-based consulting firm Sino Auto Insights. An uptick in vehicle sales and upgrades to its technology, including a smarter autopilot feature, also helped put the company on a steadier footing, he added. Le described the investment as a "bailout," a characterization Nio disputes. "[Hefei was] not going to let Nio fail," he said. "[Now] they don't have that pressure of, 'Where's my next paycheck coming from?'" It's not just Nio that's on a tear. Investor appetite for the electric vehicle sector has soared in recent months, partly led by enthusiasm for Tesla ( TSLA) and confidence in China's recovery, Le noted. Elon Musk's automaker has made important inroads in China, starting production at its Shanghai Gigafactory in 2019 and beginning deliveries of its first locally made Model 3 cars to the public earlier this year. "I feel that Tesla kind of lifted all boats," Le said, pointing to the recent rally in shares of other Chinese carmakers, such as Xpeng Motors. But he said Nio's rally may have been overdone, as "there haven't been that many wins to point to that level of valuation." (Nio is now worth more than $36 billion.) "Some of it is, there's just not a lot of good news in other sectors, so a lot of money is coming into EVs," Le added.