News Focus
News Focus
Followers 65
Posts 29982
Boards Moderated 0
Alias Born 12/28/2008

Re: richme post# 7031

Monday, 07/10/2023 10:06:28 AM

Monday, July 10, 2023 10:06:28 AM

Post# of 12529
I have thought of a buy out --- someone or some company buying NKLA

That may happen -- but - I do not want that right now - not at all

I imagine between buying shares on/in the market for a week - such "suitor" could accumulate say 1/3 or ? of outstanding and available shares and the PPS would still be below 2. So maybe the offer is a 25% premium to then (current) PPS or 2.50

My preference is to leave my money on the table - vote for the dilution BUT BIG CASH - and hope the trucks - hydrogen trucks- really take off over the next 12 months . In essence - I want to take the risk reward of the current situation --- and hope that in 12 months the stock is at 5 or 6

Then a buy out - offer -might come in at more like $8 to $10 . (If I am a stockholder in a different company today - I would wonder why management would offer more than $2.50 for NKLA at current prices as it appears it could be purchased for not more than 2.50)

All assumptions and estimates -- other than my desire to not have the risk reward impact of NKLA raising money and having some solid initial taken away at such super low and lower PPS

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today