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Investors Translate Weibo Posts to Gauge Stock Interest in $NIO

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Nov 30, 2020

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Investors Translate Weibo Posts to Gauge Stock Interest in $NIO

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Chris is up $175k on his recent $NIO trade, but if he had gotten in just a bit earlier that number could have been closer to $700k if he had gotten into the stock when our featured guests from the Dumb Money community suggested to get into the stock back in late September of 2020. By translating posts from Chinese social media platform Weibo, these two members of the Dumb Money Discord community think that this stock could easily double — and it's already up massively this year! Chris estimates he's made around $4 million this year thanks to the Dumb Money Discord community. It's completely free to join: https://dumbmoney.tv/discord

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Stocks Mentioned

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NIO Limited designs, manufactures, and sells electric vehicles in the People's Republic of China, Hong Kong, the United States, the United Kingdom, and Germany.The company offers five, six, and seven-seater electric SUVs. It is also involved in the provision of energy and service packages to its users; marketing, design, and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities.In addition, the company offers charging solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Mobile, a mobile charging service through charging trucks; Public Charger, a public fast charging solution; and Power Express, a 24-hour on-demand pick-up and drop-off charging service.Further, it provides value-added services, such as statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and routine maintenance services; courtesy car services during lengthy repairs and maintenance; and roadside assistance, as well as data packages.NIO Limited has a strategic collaboration with Mobileye N.V. for the development of automated and autonomous vehicles; and collaboration agreements with various manufacturers for the manufacture of ES8, a six or seven-seater high-performance electric SUV.The company was formerly known as NextEV Inc. and changed its name to NIO Limited in July 2017. NIO Limited was founded in 2014 and is headquartered in Shanghai, China. (From: StockAnalysis.com)

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