Nikola Corporation (NKLA)

[GoldRu$$H]

100% on not a good time to buy.

1 - 10 RS would leave 160,000,000; I can live with that.

1 -30 RS would leave 53,333,333, which in my opinion would be a callous indifference to the retail investor. That would be a bail out moment in my book. The shares I own would be reduced to a laughable amount and be devalued for longer that I would care to hold.

Most RS scenarios that I have been exposed to were not profitable and triggered a downward spiral that was to strong to recover from. IF this was an OTC stock with 1B+ shares, I would have kept walking with no temptation to buy. NKLA, being on NASDQ, and having so much institutional support, coupled with the rise of the alternative fuels/green energy sector, gave me some comfort to invest. I do hate the way NKLA brass rolled out this sneaky arse romp.