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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.

Rivian

What does it mean when someone dumps 875,000 shares of Rivian at 3:59:59 p.m. at $13:45? That's a twelve million dollar ticket.That happened yesterday after the stock sputtered around all day on low volumes of trading. (It usually trades about 26 million shares a day so the 875,000 share ticket may not be all that unusual).
That was calculated timing, perhaps computer programmed selling. Would that send off shock waves on it's following mornings trading. Not really.
Look at what happened in the first minute of the opening trading the next day. A block of 275,017 shares traded at 9:30:59 a.m. at $13:71. What does this point out? First, it might point out how computerized trading triggers trades to happen in the last second of the first minute of trading in any new session. How you can profit from that observation is something you will have to figure out on your own. It also points out how infinitesimally inconsequential all of the retail option trading is. Your purchase of five Calls on Boeing that expire this Friday is as significant as a fly landing on the back of a horse. It also points out the efficiencies of the markets. So the next question is how can the little guys make money playing options when the system with it's computerized buy and sell programs is as tight as it is? In some ways retail option traders should find some assurances in the markets having this much depth. For example, from my experience the market makers can not mess around with buy and sell orders going in "at market" at 3:59:57 or 3:59:58 p.m. That's a good thing. Happy trading.

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