if anyone is doing any manipulating with the PPS --- they are holding it up (IMO) not pushing it down (IMO)
if one believes management will get the votes for R/S
then be it 10 to 1 or 20 to 1 or 30 to 1 ----- it is the about current price that is then changed and then will fall say 10% or ? --- just because weak stocks that do R/S always get kicked down in the early days
SO - if one believes that - ---- some conversion around this price is coming - and 10-20 percent early kick down ---- then WHY BUY? I can think of no reason to buy now . (Maybe if management has some HUGE news to let out the day or the RS -- like ABC company just ordered 100 Fuel Cell Trucks --- then the PPS post R/S will hold. But the odds are seriously in favor of a fall of 10-20 percent from WHATEVER - so why not wait?). Not selling one share. May gamble another $5,000 on good news but for now - I watch and watch but expect nothing . The articles about Honda and Hyundai and Toyota --- all about H transportation - to me all scream that NKLA will be a buy - after the R/S