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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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A Letter To The Editor

In Barron's on July 8th. It goes something like this. Zero-Dated Options: A Road To Addiction. I know we are at a market top when my 17-year-old son is begging me to allow him to trade these options with his savings from birthdays and graduation {"The Lastest Day-Trading Craze". Cover Story July 1st). Instant gratification. Between this and sports gambling, we are promoting addictions. Read my last Tesla blog.

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