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LONG NIO - Financing Worries Addressed With NO Dilution – Short Squeeze Is Now Becoming Reality!

|Includes: NIO Inc. (NIO)

NIO just announced a 650m convertible + capped call transactions (to reduce potential dilution) and, hidden in an attachment of the 6-K it also disclosed preliminary Q4 results (15% beat).

Cash Flow from operating activities in Q3 2018 was -227m USD. Current liquidity access will ensure operating cash needs for 11.67 quarters, well beyond 2020 when NIO is expecting to.

-Recent News out of China report that in the second half of 2018, ES8 sales volume is the highest large luxury SUVs. NIO ES8 outsold TESLA Model X by a.

-         A free floatof 74,702,612 shares is pretty small when you take into account that NIO shortinterest is at 44,651,426 shares (59.77% of the effective free float). BorrowFee at IB now at 75.23% up from mid-10% in January 2019.

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Disclosure: I am/we are long NIO.