$NIO Citron SHORT REPORT
Updated
Citron released a short report on NIO, this is the same people that made NKLA go from $40 to $20. Their price target on NIO is $25 which is very possible considering they rallied north of 1000% this year. I am holding Nov 27 puts, earnings on Tuesday.
Note
Let me update this since there is lots of controversial comments, NIO fell 10% after last earnings and then had an offering which resulted in a further drop. If you view my TradingView profile you know I have been bullish real early on. I think this is time for a retrace though.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.