Not only $NIO+1.1%, but also $HPQ+0.1% results in Q2 show a decline in sales and profit. Sales were down 9.9% year-over-year and net profit was down 32%. Even so, there was no significant drop in either :) and someone certainly took advantage of the temporary drop in $NIO+1.1% yesterday.
HP Inc.
HPQ
$26.77
-$0.03
-0.11%
Capital Structure
Market Cap
26.5B
Enterpr. Val.
34.4B
Valuation
P/E
11.5
P/S
0.5
Dividends
Yield
3.9%
Payout
44.3%
It's nice how Nio is holding up despite the results, that's a good sign! :)
Agreed :)
I think$NIO+1.1% is a pretty nice buy at current prices.
As an asymmetric investment, it makes a lot of sense. The potential is really in the universe and the risk is small.
Well, I agree that the potential is very high, but I definitely don't see a small risk there, the risk is big, but it still seems like a good asymmetric bet to me.
It is :)