NIKOLA MOTORS (NKLA)

[koolmc]

holding 30's nicely

[SmileyRiley_595]

My guess is fewer investors are aware of the warrants. There’s also uncertainty on cash vs. cashless exercise. I’m all in on the warrants as they offer far greater value and I’m ok with a little risk and uncertainty.

[akyno47]

Great Find.
Folks need to understand the origin of the deal.

[ttubular]

Y are the warrants selling at such a big discount?
$15.29 +$11.50 conversion= 26.79
Stick at $36.06 -$26.79=$+9.27 discount. It’s crazy

[SmileyRiley_595]

Steve Girsky examined more than 100 companies and signed 75 nondisclosure agreements and six letters of intent before choosing electric and fuel cell truck maker Nikola Motors as the filling for his publicly traded shell company.

This is a dated article but I believe it’s important to be reminded about who was behind the deal and what went into his decision...

https://www.freightwaves.com/news/shell-stuffing-how-nikola-became-vectoiqs-public-preference

[Norton1973]

Oh, I see SmileyRiley is a new Moderator! NKLA

[SmileyRiley_595]

After listening to this edition of “What the Truck”, I just had to engage and be engaged with people who want to support companies that want to change the world!

https://www.freightwaves.com/news/nikola-ceo-trevor-milton-from-basement-to-12-billion-debut-on-nasdaq-with-video

[Norton1973]

Oh good! Thanks Koolmc. NKLA

[koolmc]

Lol yep applying for position

[Norton1973]

Really uncalled for, someone becomes a mod, does that then leaves....:)

[koolmc]

lol at the ibox talk about hating.

[koolmc]

next catalyst will be contracts

[Dan321]

What happened to big sell off? Just goes to show , nobody really knows. Looks like peeps want in, and they ain’t waiting. NKLA

[hempster]

Shareholders of Record 1,187
03/06/2020

[akyno47]

Looking for $40

[IPO$]

$10 SPAC. Wow.

[a surfer]

Exactly. This is going to be an IRA play for me. It's there for good now.
Original share avg $12. Thrilled.

[usgirls]

patience this pps will slowly cooperate / just got to wait out the hype and possible forward looking news blast


i would say about 2 weeks or up to several months to get the cheapies all depends on everything

[Dennisb68]

This is at about the point we were at yesterday when the stock started selling off. I expect the same thing today and selling into the afternoon and close.

[SilverKnightLV]

I think that a winning record will take more time, but deal announcing will come much sooner.

[Dennisb68]

It's still 4 years away.

Nikola Motor: Investing In The Truck Of The Future
May 27, 2020 4:31 PM ET|

Summary

Nikola Motor will compete with the biggest names in trucking, but it won't make a dent to market share until 2024.

[IPO$]

$10 SPAC. Up over 300%

[WallStreetCash]

Amazing Company $100.00 Quickly....

[gasman3]

Agreed. I’ll be getting back in around the mid 20s.

[Dennisb68]

Like yesterday, looks like we see buying early and then selling off later in the day and closing down.

[Dennisb68]

I don't know if it will go that low but I see it going to $20 a share or less. It will be years before we see these trucks on the road. And before anyone buys one they have to know that no matter what corner of the country they are in they will be able to get fuel for it? And what about break downs? If a driver is down in Beaufort SC. is he going to be able to find someone to work on it? This may be the truck of the future but that future is a long ways off yet.

[Dennisb68]

Nkla trying to hold on. NKLAW down to 14.50 in pre market. $14 today?

[Neight]

Does anyone recall how much cash Fidelity put into this?

[rtrstock]

Why wouldn't this go to about 10.00 per share?

[hempster]

VECTOIQ ACQUISITION CORP COM *EXCHANGED FOR CUSIP654110105 *
65.000 +$2,227.38 +$1,921.09 -- +$306.29

I will put my 306 dollar profit and buy me 10 shares tomorrow just to tag along i am a poor man But if Trevor would like to GIVE me 250,0000 i will reinvest it in his company for the profit it makes and he can have his money back in 10 years

[hempster]

i agree but if he can bring in rookie investors who go off beat around the fact news and rumors plus cgi his dream might just live on but i see this as a market maker money maker to invest in bigger better makers with a lot larger revenue .... trevor has none but donations to his dream and only he can make ours come true of being the NIKOLA in Tesla

i seen the first ever electric jetski released 2019 Nikola better be carfull or investors will be paying a lawyer over copy cat

[hempster]

what is the total of AS and OS and the float anyone know .

[hempster]

True lot more selling or should i say trading shares to different investors NIKOLA makes very little until he can prove to the big sharks his dream is reality before my dream is reality and i get in for 3 bucks . He done said he needs more investment and funds to raise. Its going to be a slow roller coaster ride down the hill for a year while the rich milk the poor

joking is good hell humor is the best medicane i did mis inturpet his ringing of the closing bell i was so excited thought his big new company would OPEN MARKETS NEW COMPANY NIKOLA but seems it is a closed deal Trevor has made 750 million with a 250 million agreement now how fast does he burn a billion before NIKOLA IS CLOSED ....... OOB DOA

Besides fidelity did not even give me the ticker until after close an a few other traders did not allow it from what i hear like NIKOLA back doored um

[usgirls]

i am betting this goes much much lower very soon / it will be some tome before this company has a winning record imo

i am going to be keeping a bid on the down low ..........

[Augster77]

right after the cnbc interview, I unloaded my remaining shares, but holding my warrants. Too cheap.

[Norton1973]

It's all about mindset, be true to yourself.

NKLA

[SmileyRiley_595]

That’s how you keep from stepping over dollars to pick up pennies!

[Norton1973]

I take a different approach than you. I will use a set-it-forget-it , way. And....continue to add to my shares on dips as I go along. I have plenty of other big board stocks, to take care of.

When a year , whatever go's along, I will amass a very large amount of NKLA shares.

Dollar cost averaging

It is easy, just set aside an amount to go towards $NKLA,

[SmileyRiley_595]

Dennis, we haven’t even began to see the flow of news coming from this company... I really think everyone (including you) is going to get blown away!!!

[Dennisb68]

Nice interview but nothing new that we haven't hear in his other interviews. It's going to take something new and something big to propel this higher again. Unfortunately I believe the best news is behind us for some time. The stock isn't going to continue to go higher just because of the merger and the name change. That now old news.

[Norton1973]

Enjoyed the Trevor NKLA interview.

[SmileyRiley_595]

Best interview of the day!!!

[Dennisb68]

More trades on the sell side today than on the buy side and mostly coming in the afternoon. After the way it traded today I believe holders are selling and waiting for a further drop.No more merger or name change news. The party is over for now and they won't be making their own big rigs in any numbers for quite some time to come.
This could be a good stock for those willing to wait 2 to 3 years but in the meantime how low will it go?

[a surfer]

Exciting times...Thanks for sharing!

[a surfer]

Thanks Smiley.

[a surfer]

Nice to see NKLA

[Dennisb68]

As expected both the stock and the warrant were up in the morning and sold off in the afternoon and both had a loss for the day. Stocks closed down more than $5 from today's high. I hope some took the opportunity to see today because I expect the selling to continue. $20 to $25 on the stock very likely and under $10 on the warrants. Good luck to all.

[SmileyRiley_595]

Why ZaaS is so important!!!

http://www.theguardian.com/world/video/2020/jun/04/landslide-in-norway-sweeps-houses-into-the-sea-video

[MADDSTACKER]

10 4 thank you ....

[SmileyRiley_595]

Correct