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"Hesai Group" - "Nio" - " Xpeng" Hot Stocks In A Bad Market

Read my May 17 th blog about "Hesai". Back then it was $5.00 per share. Now this. Today it jumped 50%. What has happened. Here is the news. My focus back then was buying Calls on five dollar stocks. Now this. Last week Nio was the fourth most actively traded stock on the NYSE. It closed at $4.47 up .23 on the week. Here Tuesday is how it traded on the day. (I am showing a five day chart). Now this. "Xpeng". Now back to "Nio". Is it to late to get into it now? Not really, here is it's three year chart. What's really dangerous are the Call options on it that expire this Friday. I would have more faith in these ones. They expire in January. China is on fire when it comes to E.V. sales.
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"Revisiting My Last Blog on Ford Dropping One Dollar"

"Ford" dropped hard last week during a one day period of time as did "G.M.". Both stocks were more skiterish than usual. The reason for this was later attributed to a storage of chips. That's strange, why was this new news? Here is what the two stocks did.
I mentioned we should be watching "Call" options which expire not a few days after this happened but to look a few weeks or many months out. I suggested the May 21st "Calls" when they were trading at bid .45 ask .46 and the Jan 11th "Calls" when they were trading at 1.71- 1.72 . Now here is a look where they are at now.
It's not much of a gain but a small gain in the right direction. 'Playing the market' to me is bit of a misnomer. The more trading you do the better you become in reacting to unexpected situations.

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