27-12-2021, 08:55 AM
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(27-12-2021, 10:53 AM)sgbuffett Wrote: I have no opinion on any of the stocks expect Nio
But the bulk of the article just say each stock is good because it is in a growing industry ....but it never looks at or dicuss the price of the stock.
Nio stock is 30 now. ...is is that the right price to buy the stock why not $15...why not $60. A few months ago Nio was also a "good promising company" and its stock fell from $50 to $28.
Isn't the correct price to start buying a stock the most important question to answer when buying a stock?
Every one who starts a business has a promising story behind it....a person opening one restaurant also wants to grow it to 1000 restaurants.
Every EV company also wants a big market share and has some kind of selling point. Every existing car market also has plans to go big into EV.
Investing on a promise without looking at the price is like buying a lottery ticket. Its just speculation.
(27-12-2021, 10:53 AM)sgbuffett Wrote: I have no opinion on any of the stocks expect NioI can agree with you on these stances.....
But the bulk of the article just say each stock is good because it is in a growing industry ....but it never looks at or dicuss the price of the stock.
Nio stock is 30 now. ...is is that the right price to buy the stock why not $15...why not $60. A few months ago Nio was also a "good promising company" and its stock fell from $50 to $28.
Isn't the correct price to start buying a stock the most important question to answer when buying a stock?
Every one who starts a business has a promising story behind it....a person opening one restaurant also wants to grow it to 1000 restaurants.
Every EV company also wants a big market share and has some kind of selling point. Every existing car market also has plans to go big into EV.
Investing on a promise without looking at the price is like buying a lottery ticket. Its just speculation.
(27-12-2021, 10:56 AM)lvlrsSTI Wrote: What about Novavax?