Replies to post #9331 on Nikola Corporation (NKLA)

[WeTheMarket]

DW, you are assuming too much in my opinion.

Also per the following link "If a company closes below a $1/share bid price for 30 consecutive days, the Nasdaq sends the company a written notice. The notice states that the company is no longer in compliance with its continued listing requirements and has 180 days to regain compliance. Otherwise, the company will face delisting." Source https://thebowserreport.com/blog/the-nasdaqs-minimum-bid-price-requirement/

Not mentioned above, is that after 180 days, the company can ask for another 180 days extension, that is usually granted. So, practically, the company have over a year before worrying about being delisted if the share price falls below $1 and does not recover above it.

[Donotunderstand]

yes

and the value ---- IMO - is indifferent to reverse split or no reverse split

either NKLA over the next 1 2 3 4 5 years sells a ton of H trucks and gains over 1 2 3 4 5 years a ton of money by "delivering" H ---- or it does not

if it happens - I do not care if 10,000 shares become 1,000 shares --- or stay at 10,000 ------ NKLA either makes a ton of money or it does not

[Donotunderstand]

up 6-9 cents

lots of positive expectations from the CC ?