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Dark Cloud Will Hover Over Nio Stock for a Long Time

When Nio (NIO) released its latest sales numbers for the latest quarter, the 35.1 percent increase in sales gave some investors optimism for the company’s future potential.While the increase in sales looks impressive, the reality is the company only delivered 4,799 vehicles, with the majority of the sales coming from its low-priced ES6 SUV, which at this time loses money on every sale.This wouldn’t be as big of an issue if Nio was flush with cash, but without a cash infusion, the company will struggle to survive by as early as December 2019.Turning to TipRanks data, we find that NIO …read more […]

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Exxon Mobil seeks buyer for Montana refinery: sources

Exxon Mobil Corp is seeking a potential buyer for its roughly 60,000 barrel per day Billings, Montana refinery, according to three sources familiar with Exxon’s plans. Representatives for large refiners, including Valero Energy Corp and Marathon Petroleum Corp , have toured the refinery, two of the people said, speaking on condition of anonymity because the process is private. Ultimately a smaller refiner could be a more likely buyer of the plant, one of the sources said. …read more […]

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A Triple-Digit Winner With Twitter

It’s been an exciting week in The War Room. Bryan cranked out a triple-digit blowout winner on Twitter (NYSE: TWTR). And that was accompanied by a stunner from War Room member Russell H., who made the right call on PayPal and brought us another triple-digit winner!
“TWTR strangle debit $3.11, -118%, nice trade.” – Richard T.
“TWTR PUT in @ $1.49 out at $6.25. PYPL Call in @ $1.04 out at $5.94. I am done for the day.” – Charlie F.
“Bryan, Thanks for the great play on TWTR!! Made for a great morning. Up 116%.” – Rick R.
“PYPL – Got in at …read more […]