$NIO Inc.(NIO)$ another 40M accumulated! the entire float of NIO has traded over the last ~month, which is impossible to really have ‘traded’ since most of the 600M owned by institutions weren’t sold, and majority or the other shares are held by long retailers and not sold. So it’s basically a few shares being sold and bought back by the same institutions, manipulating the price down and collaring it to scalp a few retailer shares, So they’re basically wasting their time and money playing this game for a few shares