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Nikola up 14%

Ciprico
Posts: 651 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 -
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: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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