NKLA Thoughts?

[VicBee]

but how many shares do you need to make $200 in pennies, when tlsa is moving few bucks a day either way, less than 50 shares.

Agreed, wouldn't make sense for under 10k shares at a time.

 

[nitrene]

I think buying all the current low price EV stocks makes sense as a basket, however unless these companies generate positive cash flow they are just going to dilute the shareholders for funding until they actually make some money. Maybe Rivian has enough money since they had such a blockbuster IPO plus backing from Amazon.

AMC is the poster child for that scenario which may come to an unpleasant end soon. Of course its not that different than the Phase I/II biotech companies.

 

[VicBee]

Well, NKLA hit a high of 2.06 today, a 33% gain from its low of 1.56 two days earlier. That was my tip of the week.

 

[deaddog]

Well, NKLA hit a high of 2.06 today, a 33% gain from its low of 1.56 two days earlier. That was my tip of the week.

A hedge for TSLA

 

[maxinger]

Which button to press first, and 2nd?

Press it in the correct sequence and you earn $$$$.
Press it in the wrong sequence and you lose $$$$.

 

[PySteve]

I don’t have my notes in front of me but from what I recall, NKLA is seemingly in place to get tons of this hydrogen fuel cell green energy government billions. They’ve already partnered with a major distributor (news is from about 6-8 weeks ago) and I think they’ll be steadily going up albeit massively supported by the US tax payer like Tesla. This is of course reliant on management not being a bunch of criminals again. I got burned by them a few years back but I give it decent odds for the comeback tour.

 

[deaddog]

Well, NKLA hit a high of 2.06 today, a 33% gain from its low of 1.56 two days earlier. That was my tip of the week.

Did you ever buy any?

 

[SunTrader]

Its certainly ain't winter yet (never is down here) but NKLA is a snowball rolling downhill fast!!!!!

So much for that idea.

 

[Day Trader Studio]

The only hope is hope itself, let's hope that hope does not depart from us

 

[VicBee]

Did you ever buy any?

Nooooooo! Look back at what got me to start the thread. Following, the share price rebounded 30% a day or 2 later, that was the move.
Longer term, depending on the company's cash flow, they may well get bought out or receive a significant order to boost the share price up a few $. Maybe.