Nikola Corporation (NKLA)

[WeTheMarket]

UK, as mentioned in a previous post, due to lack of funds to purchase new shares, I have been selling most of my NKLA shares and buying RMO shares, resulting in an effective 11% increase in my NKLA shares post the 0.1186 conversion of RMO to NKLA shares, assuming the deal goes through as expected before the end of October. I am putting a very low risk that the deal does not go through. Is this too risky a strategy in your opinion? Any other board member please feel free to chime in as well. Out of free posts for today and look forward to your responses.

Darkinvestor, note that the conversion rate is 0.1186, slightly higher than the 0.114 in your post (See https://investorplace.com/2022/08/nkla-stock-alert-what-to-know-about-nikolas-deal-for-romeo-power/)