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  1. #1
    Member Mike Daleo's Avatar
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    Can Nikola get to $70 this week?

    After their announcement that they are partnering with GM on a new Electric Truck, there is a chance. I have options expiring at the end of the month, fingers crossed!

    https://finance.yahoo.com/news/gm-el...tsrc=fin-notif
    Last edited by Mike Daleo; 09-09-2020 at 01:27 PM.

  2. Stocks/Investments Moderator boneil's Avatar
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    #2
    Why would it go to $70?

    a 17 billion dollar company with no product, and no infrastructure to fuel said product. What makes you think the company is worth another 8 to 9 billion from this deal?
    Thanos was the hero

  3. Member Mike Daleo's Avatar
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    #3
    Quote Originally Posted by boneil View Post
    Why would it go to $70?

    a 17 billion dollar company with no product, and no infrastructure to fuel said product. What makes you think the company is worth another 8 to 9 billion from this deal?
    I only need it to go to $55 which it almost did this morning, but with the hopes of production with GM and an actual contract I think it could be an opportunity. But if I knew anything I would have to get opinions on here

  4. Stocks/Investments Moderator boneil's Avatar
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    #4
    Pretty damming stuff here:

    https://hindenburgresearch.com/nikola/

    This report, published this am, is going around this morning on social media.
    Thanos was the hero

  5. Member Mike Daleo's Avatar
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    #5
    Yes that is very ugly

  6. Stocks/Investments Moderator boneil's Avatar
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    #6
    Will be interesting to see how Trevor responds. You always have to be skeptical of reports like this that are done by short firms.
    Thanos was the hero

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    #7
    Sounds like today they said they are using third party inverters, which contradicts earlier statements that they use their own IP for batteries, inverters, etc. Interesting....
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  8. Member Bsktball55's Avatar
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    #8
    NKLA did a 180 degree turn around. Looked like things were going well when they joined up with GM and now it is falling like a rock after the report came out and now the founder has stepped down.

  9. Member
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    #9
    If you roll it down a very large hill it might hit 70

  10. Member Mike Daleo's Avatar
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    #10
    Quote Originally Posted by NitroZ7 View Post
    If you roll it down a very large hill it might hit 70
    Yup nothing good happening there

  11. Member
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    #11
    Quote Originally Posted by NitroZ7 View Post
    If you roll it down a very large hill it might hit 70
    Now that's damn funny right there....
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  12. idbefishing
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    #12
    In this case, you can’t even roll it now, need to kick it off a cliff.