DWAC has alol teh charactheristics of being a SUper-Nova. It can rise many multiples but just as quickly inplode. I believe this happened the last couple of months. But it can also be the start of another star burst with the activities in the recent week. Possibly we may cross previous high before Christmas rally.Not an advice to trade. Just my personal observation.
$Digital World Acquisition Corp(DWAC)$This is purely for gamblers. You can make fats money. You can lose fast money. There really is nothing you are investing in when yoi buy into DWAC. Beware.
This is the moment. The turnaround to proveall supporters right. And ES7 has yet to start delivering even.
Nio Stock: EV Maker's Second-Quarter Loss Narrows as Revenue Rises
Nio beats Wall Street's expectations as second-quarter vehicle sales surge 127%.Nio -Get Report posted better-than-expected second-quarter earnings Wednesday as the Chinese electric vehicle company reported a jump in revenue and raised its guidance.Shares of the Shanghai company were essentially flat at $43.99 in after-hours trading.Nio reported a net loss of 7 cents a share. The adjusted loss coming to 3 cents a share. Analysts surveyed by FactSet were calling for a loss of 9 cents a share.Rev
So this is an investor sale. And it involves three mid/small sizes funds. But the question perhaps should be, who is the party buying them out ?
Nio stock falls after shareholders file to sell off their stakes
Share of Nio Inc. $$ shed 3.52% in premarket trading Friday, after the China-based electric vehicle maker disclosed the offering of 1.68 million shares by selling stockholders.In and S-1 filing with the Securities and Exchange Commission late Thursday, Quasar Energy Partners LLC, Philipp Brothers Fertilizer LLC and Little Brothers LLC are selling off their entire stakes in Nio, totaling 1,682,267 shares, representing 0.4% of the shares outstanding and valued at $77.5 million at Thursday's closin
This is only proving that NIO and a few other EV’s are leading the charge in the global transition of transport electrification. I especially like NIO and XPeng for the fact that they are already commanding such a leading position in China. But the juice is in the rest ofthe world where they are just starting to go. This is only the beginning.
NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% YOY
NIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year. Cumulative deliveries of the ES8, ES6 and EC6 as of June 30, 2021 reached 117,597. NIO Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results.NIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. The deliveries consisted of 1,498 ES8s,
I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford launching a major offensive in the market for electric vehicles, Chinese EV maker NIO will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based