Submitted by MrLebouwski t3_10ol8ww in wallstreetbets
MrLebouwski OP t1_j6fnfb0 wrote
Reply to comment by Ok_Dot8050 in $49,000 NIO CALLS with explanation by MrLebouwski
$44 means valuation of around 80 billion. NIO wasn't that big back then. Now it's still not undervalued but it could run if some factors play out nicely. Next week will show with January deliveries and rate hiking.
trowawee1122 t1_j6fw58o wrote
> Now it's still not undervalued but...
So it's overvalued.
MrLebouwski OP t1_j6fzb4c wrote
Market will tell us next week if it's over or undervalued, I can't tell honestly, way too many unknowns since I'm neither living in China nor speak their cryptic language.
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