Money Investing megathread extravaganza - Page 429

**DaFace** · 06:35 PM

A place to talk about investing stuff.

Hammock Parties · 12-28-2020, 05:11 PM

Quote:

Originally Posted by RunKC

Not many of you guys do this so I will: I like NIO but I just don’t know if I want to buy it. I listened to the Stock Moe and he is adamant that this thing is going to get to 100 this time next year.

China is moving heavily towards clean energy and want 20% of their new cars to be EV. Tesla is still in the beginning phase of their China rollout but I don’t think they want them to rule that market seeing that NIO is getting gov money.

They also do the battery program which is really cool. That’s something Tesla doesn’t do.

Am I crazy to think this stock could be at 200 in a year and a half to 2 years?

I think I'll put at least 10k in

**Rain Man** · 12-28-2020, 05:19 PM

I'm sure there are people making a lot of money on Chinese stocks, but I stay away from any market where the government can nationalize a company with no warning, no process, and no appeals process.

**lewdog** · 12-28-2020, 05:41 PM

Quote:

Originally Posted by Hammock Parties

I think I'll put at least 10k in

****!!!

That’s it, selling my small position.

**lewdog** · 12-28-2020, 05:42 PM

Quote:

Originally Posted by Rain Man

I'm sure there are people making a lot of money on Chinese stocks, but I stay away from any market where the government can nationalize a company with no warning, no process, and no appeals process.

BABA on the dip son.

You should consider it going forward!

**Rain Man** · 12-28-2020, 05:47 PM

Quote:

Originally Posted by lewdog

BABA on the dip son.

You should consider it going forward!

It could thrive handsomely, or the founder could end up getting a bullet in the back of his head in an agrarian prison camp. Or I guess both.

RunKC · 12-28-2020, 05:56 PM

Quote:

Originally Posted by Rain Man

I'm sure there are people making a lot of money on Chinese stocks, but I stay away from any market where the government can nationalize a company with no warning, no process, and no appeals process.

I admit this worried me, but it appears that China does not like American influence. Many of our most popular companies such as Google, Twitter, Facebook, Washington Post, Netflix etc are all banned. Even pornhub is banned!

I think they’ll push NIO to be their primary EV maker bc China has to be the best in their eyes.

Plus their CEO hasn’t made the gov mad (yet).

EPodolak · 12-28-2020, 05:57 PM

Quote:

Originally Posted by RunKC

Not many of you guys do this so I will: I like NIO but I just don’t know if I want to buy it. I listened to the Stock Moe and he is adamant that this thing is going to get to 100 this time next year.

China is moving heavily towards clean energy and want 20% of their new cars to be EV. Tesla is still in the beginning phase of their China rollout but I don’t think they want them to rule that market seeing that NIO is getting gov money.

They also do the battery program which is really cool. That’s something Tesla doesn’t do.

Am I crazy to think this stock could be at 200 in a year and a half to 2 years?

NIO could get up there, stocks like BABA and NIO would be priced closer to their American counterparts if the government over there could stand it. The talk of NIO getting involved with Apple down the road (pure speculation now) and the fact they have such a huge share of the Chinese EV market makes it one for the watch-list, at least.

ChiliConCarnage · 12-28-2020, 07:18 PM

Quote:

Originally Posted by RunKC

Am I crazy to think this stock could be at 200 in a year and a half to 2 years?

Sure, I guess it could, the EV/Green industries are in a completely speculative bubble. Like the tech bubble, at some point it will end. Nio seems interesting, from the bit I know it's got a 70 billion dollar valuation at current levels. That's Goldman Sachs level. Ford has millions of car sales and is valued at 35 billion. GM around 60 billion. A ton has to go right over a lot of years for that to end up working out.

Almost all of these companies are being priced like they will be a winner but reality is that only a few will be left standing or doing well to the extent they are being bid up too.

**Buehler445** · 12-28-2020, 08:07 PM

Quote:

Originally Posted by RunKC

I admit this worried me, but it appears that China does not like American influence. Many of our most popular companies such as Google, Twitter, Facebook, Washington Post, Netflix etc are all banned. Even pornhub is banned!

I think they’ll push NIO to be their primary EV maker bc China has to be the best in their eyes.

Plus their CEO hasn’t made the gov mad (yet).

Why would someone do something so heinous as ban Pornhub?

**Buehler445** · 12-28-2020, 09:35 PM

Quote:

Originally Posted by Rain Man

I don't ever use my mobile device for finance, so I have no idea how my various stock sites function in that regard. Sorry.

What desktop platform do you use?

**Rain Man** · 12-28-2020, 10:27 PM

Quote:

Originally Posted by Buehler445

What desktop platform do you use?

I've got various accounts on etrade, schwab, and fidelity. All have different strengths and weaknesses, so it's nice to have all three. I don't do anything beyond basic long buying and selling, so I don't know how they handle options and short selling and stuff.

Etrade is nice because it shows a year to date return on each stock and the estimated dividend income for the account by month. It's got easy ways to look up stock news as well, and you can pull pretty old statements. I'm paranoid right now that they're charging some fees that I can't find, because my account always seems to underperform compared to where the individual stocks are, so that really bugs me. I can't reconcile price changes with the total account value. It's probably something I'm messing up, but it really bugs me.

Schwab is nice because it lists the dividend returns for each stock on the main account page, and I can customize the main account page to some degree. It drives me crazy because I can't list YTD returns for each stock, and the "portfolio performance" comparison includes a bunch of bizarre indices and doesn't include the main ones like the Dow and the Nasdaq.

Fidelty has some nice add-on features like a "retirement planning scorecard", and a main account page that is unwieldy but pretty comprehensive. However, it also doesn't have a YTD return column for stocks, which drives me crazy, and they only update the portfolio return and benchamarks once a month, and even that is on a lag of several days. So I can't accurately compare that account's returns against the etrade and schwab account.

**Rain Man** · 12-28-2020, 10:27 PM

Quote:

Originally Posted by Buehler445

Why would someone do something so heinous as ban Pornhub?

Yet another reason not to invest in China. That's a clear abuse of human rights.

wutamess · 12-29-2020, 08:50 AM

Quote:

Originally Posted by RunKC

Not many of you guys do this so I will: I like NIO but I just don’t know if I want to buy it. I listened to the Stock Moe and he is adamant that this thing is going to get to 100 this time next year.

China is moving heavily towards clean energy and want 20% of their new cars to be EV. Tesla is still in the beginning phase of their China rollout but I don’t think they want them to rule that market seeing that NIO is getting gov money.

They also do the battery program which is really cool. That’s something Tesla doesn’t do.

Am I crazy to think this stock could be at 200 in a year and a half to 2 years?

Just bought $5k worth on this recommendation. You BETTER be right!

**Buehler445** · 12-29-2020, 10:16 AM

Quote:

Originally Posted by wutamess

Just bought $5k worth on this recommendation. You BETTER be right!

You need to YOLO some calls. Don't be a pussy!

wutamess · 12-29-2020, 10:17 AM

I don't understand it. I would if I knew how and understood it. I mean, I kinda understand it but not comfortable enough to pull the trigger.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $-1643101	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
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12-28-2020, 05:19 PM	#6422
Rain Man Seize life. Be an ermine. Join Date: Jul 2001 Location: My house Casino cash: $-442449 VARSITY	I'm sure there are people making a lot of money on Chinese stocks, but I stay away from any market where the government can nationalize a company with no warning, no process, and no appeals process. __________________ Active fan of the greatest team in NFL history.
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12-29-2020, 10:17 AM	#6435
wutamess MVP Join Date: Aug 2000 Location: Lee's Summit Casino cash: $4711637	I don't understand it. I would if I knew how and understood it. I mean, I kinda understand it but not comfortable enough to pull the trigger.
Posts: 8,290