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Nikola up 14%
Ciprico
Posts: 674 Forumite
Nikola up 14%, not bad for a company forced to own up that their PR video release of their new electric/hydrogen truck driving along a road was in fact a vehicle rolling down a hill in Utah and powered by nothing more than gravity, their MD "left" suddenly with a large golden handshake, and the company being investigated by various US agencies...
This is a company valued at $7 billion
Possibly one to avoid...!
This is a company valued at $7 billion
Possibly one to avoid...!
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Comments
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I am aware of the issues and allegations with Nikola Corp., this is the EV company promising all sorts of wonderful things. So I clicked on to your thread.
My first criticism is the absence of a link, my main moan is the misleading perception that could be created for an unwary reader.
These shares were kissing $US80 in June of this year and are $US23+ as I post, so quite were your "up 14%" claim comes from is anyone's guess..._0 -
Well here's my guess: It's up 17% on the week now; it's not as if OP is advocating a 'buy', is it?DiggerUK said:I am aware of the issues and allegations with Nikola Corp., this is the EV company promising all sorts of wonderful things. So I clicked on to your thread.
My first criticism is the absence of a link, my main moan is the misleading perception that could be created for an unwary reader.
These shares were kissing $US80 in June of this year and are $US23+ as I post, so quite were your "up 14%" claim comes from is anyone's guess..._
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DiggerUK said:
Do you really not pickup up on the negative overtone of the comment ?I am aware of the issues and allegations with Nikola Corp., this is the EV company promising all sorts of wonderful things. So I clicked on to your thread.
My first criticism is the absence of a link, my main moan is the misleading perception that could be created for an unwary reader.
These shares were kissing $US80 in June of this year and are $US23+ as I post, so quite were your "up 14%" claim comes from is anyone's guess..._
To see the +14% (now +17%) just use your favourite method/platform to look up stock prices.
ie https://www.hl.co.uk/shares/shares-search-results/n/nikola-corp-usd0.0001
For the benefit of Golddigger and anyone else who needs it - this is clearly not a recommendation and according to many reports its unlikely this company will survive.
I follow Tesla and Nio and a few others in this field and found this rise interesting, the rise doesn't seem related to anything new, except maybe trademark infringements and lawsuites...1 -
For anyone thats interested this company will be bankrupt within a year.But there;s quite possibly money to be made along the way daytrading it on the ups and downs. Wont be me though.0
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Tesla massages it's quarterly sales figures. No one cares a hoot.......
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