Replies to post #12477 on Nikola Corp (fka NKLAQ)

[Jack_Bolander]

igtm - Spot on. There were all sorts of silly buy-out rumors, but there is really nothing left to do except LIQUIDATE.

Bagholders will most likely end up with nothing.

[Donotunderstand]

maybe the question is

Is NKLA - say mostly debt free - worth more as a whole company or worth more as parts?

Frankly - other then DEBTORS themselves - I am not sure any company or hedge fund could buy NKLA the company as debtors would scream - rightfully

I think someone could organize say the top 5 debtors and work with them to OWN 100% of NKLA via trading debt for equity -------- if such equity is worth more than say 35 cents on the dollar of debt (just a guess as to the cash that selling parts can raise - divided among the top level debtors