 Made in China What's up money geeks Mr. V here welcome to another video guys. So in today's video I want us to talk about ticket symbol and I owe Neo if you're new to the channel We've actually covered Neo here and I've given you guys Each time that Neo makes a move I'll let you guys know and I've given you guys different entry points into the stock And I've given you guys tons of reasons why I think this stock is really currently on the value So last time we talked about Neo here It was Neo day and I gave you guys entry points and exit points and projected future plans But in today's video, I want to give you guys some update as far as what Neo is doing their deliveries And also just give you guys my price projection But before we get started guys, we are new to the channel We took about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content. So guys again, I've covered Neo here a ton on the channel So I'm gonna probably create a playlist or Neo which I'm gonna hook up here So you can definitely go check them out People consider Neo their Tesla of China and again for obvious reason If you look at what the company is doing as far as in China, they are really expanding and making some serious moves Tesla currently operate in China their mother why currently sells in China? But you know how the Chinese government does operate as soon as they see that their own home Company is getting better and improving. They're gonna start putting some restrictions on Tesla Unless Tesla really conform to what the Chinese government wants and whatever the Chinese government wants They get it in China. We know that and I think the Chinese government is also pushing that Neo should be the face of our car manufacturing in China because if you remember back in the past China has been known for Manufacturing a lot of stuff. You've seen a lot of things made in China But never cars they build the parts in China, but the assembly has always been somewhere else So now China can finally say this is homegrown now with the population of China of over a billion people Can you imagine the opportunities that neo has to expand? So those are some of the things that I when I see neo, I'm thinking like man This company is currently on the value I'm gonna give you guys all that reasons why I think neo is really really on the value most recently neo unveil their ET7 which is their their version of The model Y of Tesla and I think it looks really good And I think it can compete with Tesla in any shape or form from the distance in terms of the body And again from just to look at luxury. It's not I mean, it's not your average sedan Which I think this is a great opportunity for neo neo is actually Positioning itself to expand into Europe. We're talking about getting into Denmark into Norway And the minute neo gets into a European market, you know that they're gonna expand you have their African market You have the South American market and obviously North American market at some point right now neo currently operate only in China Neo also has what they call bass their baddie as a service So you can buy your neo car, but you don't buy the baddie You can just lease the baddie so that when neo does an upgraded baddie Let's say the baddie that you're using your car can only go 300 miles before you can charge it Neo can come up with a new baddie that would go 600 miles You can just bring your car and they'll swap it and you can go as far as you want Which is good and the way neo is building their cars is that even if you own that car for five years They come up with a new baddie You can just go and swap that baddie without any complications, which I think it's smart They're looking down the road and looking at opportunities down the road So I think neo is really positioning itself as you know, the best car manufacturer in China Not just car, but they're doing electric vehicle manufacturer in China So I'm super excited about what these guys are doing But we want to show you guys some of the numbers that neo just put out recently Which I think is really showing that neo is coming So let's jump over to Yahoo here So I'm gonna show you guys the breakdown here So neo provides January 2021 delivery update So if you can see here, neo delivered 7,225 vehicles in January Increasing by 352% year over year Guys, again, neo hasn't even scratched the surface in China And yet they are making moves like this So if you look at the cumulative delivery for all their different cars Yet, ever since they started delivering as close to about 83,000 cars Neo is coming They are making a name for themselves and letting people know who they are Last year when we had the pandemic and all the COVID stuff Neo had a record delivery Can you imagine that? The year where we had issues, people couldn't go to work I mean, companies were being shut down because of COVID Neo was putting out cars and having record delivery So I think this year it's gonna be an excellent year for neo And they are just, again, to me scratching the surface with what they have to do So let's look at the chart here and see what neo is up to Last time that I did a video on neo, it was prior to neo day Which was January 9th, so that was last month And I told you guys that I'd get in if you want to swing it Buy because as soon as neo day comes out of stock The price of the stock is gonna spike And then you can either sell or hold, depending on what you wanna do And so we were looking at neo at that point, it was about $56 And look at that, that was the 8th And then neo day was a Saturday, which was the 9th And then we got up Monday morning, look at where neo went Neo went to his high at $67 And the strategy I told you was get in here And when you squeeze up here, you can take profit and then wait Because obviously it's gonna pull back And if you miss here, don't try to chase up here Don't get up in the morning and try to chase up here Because you are gonna end up sitting there holding back So look at what happened You get in here, neo squeezed up, you sell And look at that pull back, giving you opportunities to get in So here, here, and then neo is still again To me, giving him so many opportunities Currently trading at about $55 and some change To me, this is support for neo You see right here, it's holding this support If he breaks this support, you know, I'll be like This is definitely a load up But right now, it's started position If you don't currently have any position in neo Jump right in and start a position right now Because again, their earnings call comes out in March And if we're looking at this, the record deliveries that they're having We know that they're gonna report good earnings Because the company is doing just great So you see the price of the stock is gonna go back up And so my price projection for neo in the next three months Would be about $80, $85 Because of the fact that they're gonna be having record delivery by March When their earnings come out, which is good So I anticipate again by March Their stock should be somewhere around that $80, $5 price point Which would be from now, that's about a $30 swing So I love where this company is going I'm loading up, I keep adding to my position Because I know that neo is on the value This company is over $100 easy in terms of value We've seen a lot of electric vehicles that are valued at maybe $10, $15, $20 billion And they don't even have anything to prove for All they have is the concept And neo here doesn't only have the fact that they have a product that people are buying They have, I think, four different sedans They have about four different SUVs Now they just added their sedan They have the baddest service, they're expanding to Europe I think the reason why neo is not getting the space that they need Or getting the recognition that they deserve Is because neo is a Chinese-based company Because if neo was a base in America I guarantee you that neo would have been valued even more than what we have today Again, like I said, we had companies like Nicola Motors come out And be valued over $30 billion without any product to show for it You have companies like QuantumScape comes out And just go crazy without any product to show for it But we have a company here that is showing consistent growth, consistent delivery Consistent improvement in their product line And yet they're not getting the recognition that I think they deserve to get So that's why I think neo stuck to me right now At that price point of $55 is definitely a buy If you don't already have it in your portfolio Like I said, I keep adding to my portfolio I own Tesla, I have a good chunk of money in Tesla And I want to build that same position in neo The Chinese middle class has been growing year over year And those are the people who are spending money in this class Neo has a place to open up a charging station across China Again, those are all opportunities that would give neo leverage In the marketplace, in the Chinese marketplace And also if the Chinese government stepped in and said, hey Tesla We want homegrown, we don't want this import Guess what? Tesla has no choice but to leave China So they can definitely do that in the heartbeat And we've seen it how the Chinese government can easily Muscle companies to either comply or get out So that is some of the reasons why I think neo is really right now Prime for another explosion And this price point of $55 is definitely a buy to me So guys, let me know in the comment section What do you think about this? Do you currently own neo? If yes, what's your plan? Are you adding or you're just holding what you have? Again, let me know in the comment section If you're new to the channel guys We talk about how to earn money, how to save money How to invest and build wealth So if that's something that interests you Go ahead and hit that subscribe button And any notification bell too Don't miss out on your content And also if you're looking to get started with investing Weibo is doing a promotion where if you sign up You get some free stocks Links in the description below And as always guys, don't be a greedy savage Do your due diligence and stay motivated