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SHLDQ - NIO: A High Risk Investment With A Tough Road Ahead
Sears Holdings Corporation
NIO's (NIO) share price rallied very strongly after releasing quarterly results that apparently exceeded market expectations. In my view this is setting up a great sell or short sale of this stock. I've explained here why I think it is nearly out of cash and will raise money or file for bankruptcy soon. I understand some investors A) don't believe the balance sheet is as problematic as I purport it to be B) think the equity will do well after raising money successfully. In this article I want to address those points.