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I can't imagine them selling big time, any positive news,.. i think they don'want the stock to run, as it might sway investors to not vote for the RS
I find if you own shares and are a retail investor, you are against the RS cause you are going to loose big time.
If you don't own shares or very few,... You are for the RS cause you going to make money when you buy at the low.
How low will it go before the RS,... It seems like the company is not trying to keep the price up before the RS, ... That alone stinks!
Yes they initially suffer the same haircut but are quickly issued new shares at the new price,.... We have to buy them at the higher price.
But we loose value as the stock falls before the RS. I doubt we will be $1 when it happens.... Most likely going down till it happens,... There's the rub!
If they could call for a RS , do it the next, then announce a slew of great news,... Yes,... But impossible to do.
And what happened to the 5 things Girsky said were more important than a future RS,... What were they and did they accomplish them?
The RS was announced a few weeks after Girsky said this.
The ownership structure of Nikola (NKLA) stock is a mix of institutional, retail and individual investors.
Approximately 21.81% of the company's stock is owned by Institutional Investors, 5.51% is owned by Insiders and 72.68% is owned by Public Companies and Individual Investors.
https://www.tipranks.com/stocks/nkla/ownership
Nikola
37.38% of the stock is owned by institutional investors and hedge funds.
I will wait till after the RS,.... Again i just wonder if management doesn't have a majority vote how will they convince Institutions to agree with a RS,.... Especially a 1:30 RS!
We'll never go up even on good news with the threat of RS before us. They should have known that,... How will they convince all the Institutional investors to vote yes,... Seems to be the vote will not pass!
Do all the Institutional investors have to be on board to pass the R/S proposal or it can pass simply with the votes of NKLA management shares?
And if it needs the Inst. Investors votes,... Anyone here have any idea where they stand.
I just can't see the price moving up with the RS having come to the foreground.
We have received information from one of our community members that 2 new #HYLA stations will be opening in the Toronto area in the next few weeks. This is huge for business expansion because there are 6 million people in the GTA! pic.twitter.com/gcAIMG6C54
— Super Stock Bull (@SuperStockBull) April 21, 2024
I would remove the Chairman just for having suggested a RS,.... 5 months before Annual Conference! Great way to keep it under $1.
If we need to do it later then announce the vote just before and do it otherwise keep quiet.
It feels like some sort if manipulation.
I would be tempted to join a class action suit just based on what the chairman announced!
They announced vote on Reverse Split at upcoming annual conference,.... I didn't see that coming!
I have 2 dollar calls for Jan 2026....
So during that time which company will do better, price wise,....NKLÀ or PLUG
Does NKLA get the revenue for the sale as soon as they shop the truc to the Wholesale Distributor?
Thanks!!
Looks like Amazon is checking us out!
http://stocktwits.com/kaykaytojay/message/567559315
I feel we will get over $1 soon and stay there, news or no news.
Good call!
Here's hoping production of FCEV's has increased for first quarter,.... And they have started shipping BEV's back to customers.
Two 2022 articles,.... Guess who wants the price to go down!
Yes,.... At .6335
Bought some more Friday at .63,... Waiting to see if it continues up Monday or heads back down where i will buy even cheaper
Wondering if NKLA is still selling shares to raise money. After all we've heard since end of year result,.... We should be going up,!
Looks like someone else bought a FCEV!
http://stocktwits.com/Newbie1994/message/564891138
Looks like PLUG has a FCEV TRE as well!
http://stocktwits.com/Newbie1994/message/564891138
For all the BEV trucks repaired and returned to clients,.... Will they all generate revenue for NKLA in 2024 or was that money received in 2023 and never returned to the client,... How does all that work with a big recall like we have?
If only every state was like California and it's green Class 8 program.
Do you think that NKLA will give a quick update on sales at he end of March or will we have to wait till beginning of April.