Replies to post #10866 on Nikola Corporation (NKLA)

[chocolate man]

FWIW, here's my take on this situation. We were over $1.00 per share with momentum and any additional positive news would have pushed us up to the $1.50 level. Upper management did not want this stock go higher because it would be hard to justify a RS. Consequently they came out with the RS announcement helping to drive the stock down. Unless they announce that they sold 100 trucks on the the May conference call in May, I believe this is dead money for a while.