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Re: plexrec post# 4049

Wednesday, 02/10/2021 7:20:05 PM

Wednesday, February 10, 2021 7:20:05 PM

Post# of 10909
For Nikola, Valuation and Financial Analysis Argue to Stay Away
Jan 25, 2021, 11:17 am EST

One of the most important ethical concerns is that Nikola showed a video about one of its trucks, implying that it was fully functional. In reality, it proved that it was not. And while the company never said that its truck wasn’t fully functional, it did not deny it either. This is a clear sign of misrepresentation to the investment public.

Nikola: Expecting More from the Order Book and a Competitive Advantage
Back in August 2020, Nikola reported a large order of 2,500 electric garbage trucks from Republic Services. Upon the material announcement, NKLA stock gained almost 20%. Then in December 2020, it was reported that the deal was canceled. Does Nikola have any significant orders left?

What about the competitive advantage of Nikola’s technology? The company is focusing to disrupt the hydrogen economy by building trucks that will be powered by hydrogen and electric batteries. It is investing in developing hydrogen fueling station infrastructure, a technology that is costly and not widely adopted today for mass transportation. So what if this investment in this hydrogen related infrastructure does not pay off? It will be a bad investment decision with a significant negative impact on future profitability.
https://investorplace.com/2021/01/for-nikola-valuation-and-financial-analysis-argue-to-stay-away/


Nikola Corporation Announces Date for Fourth Quarter and Full Year 2020 Results and Webcast
Published February 02, 2021
https://nikolamotor.com/press_releases/nikola-corporation-announces-date-for-fourth-quarter-and-full-year-2020-results-and-webcast-110
no 8k to follow up on

yup, if i were their lawyer i would tell them not to fuel the fire...when's the last time they let out a pr and an 8k to follow up?
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001731289&type=&dateb=&owner=include


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