I believe in NKLA,or should I say all the other companies which are doing the due diligence for us, but I’m failing to understand the need for this vote before earnings? Surely with sales under their belt, more orders and proof they can meet the orders would send the SP up a few points if not double, then you’d have the confidence of investors! It feels a little desperate which is concerning. I do wonder if on the back of a yes vote would there be some spectacular news, that currently they can’t mention incase it falls through and they would’ve effectively lied to investors to gain that yes! Don’t want a repeat of TM.
Bullish
p
Here we are on June 23rd and the Nikola management team is still begging the shareholders for the "For" vote. That means they do not have enough votes. what does that tell them.
p
Does not look like they have the votes. Russell still all over linkedin begging for the votes.
360m in cash at the end of March from 500m at the end of December. The former CEO blocking more financing. NKLA still chasing hydrogen instead of fully concentrating on BEV. I can't see NKLA being around in 2023 but its memes are here to stay.
a
Iveco is near its all-time low today which means that NKLA's practically only supplier is in some trouble and NKLA is at real risk in getting trucks delivered from Germany.
R
NKLA has accomplished so. so much, The Factory, the Workers, The Partnerships, Now Shipments, they should be very proud. And where does the money come from for all this, You and I buying shares. And our PPS is at a all time low? Soon maybe people are going to have a hard time in the future buying shared just to see it keep going down, and then what?
If their vote fails I think they should back off of selling shares for a quarter, they have enough cash for 12 mos? Let the PPS (with positive News) go up to $25-$30, then come back 3 mos from now and and again try to get Shareholders votes in their favor. I think it will be much easier to get those votes and a Win/Win for Everyone. Just my thoughts
D
voted yes
I trust Nikola team over Trevor
p
Q2 is almost over. I see $30Million in revenues this quarter. Break out quarter, breakout year!
S
maybe there is a bigger play here. shareholders dilution including Trevor's in order to decrease his control as much as possible.
D
Happy Father’s Day to all the dads out there.
p
If you think that Nikola will not take on debt you are just hiding your head in the sand. They will get the 200 million share increase and also take on debt. There plans include additional factory space to build hydrogen trucks, build out of hydrogen fuel stations nationwide, and who knows what else they are planning. They will need a few billion to support these endeavors. It will be a combination of shares(equity) and debt. You can count on both.
M
Nasdaq UP 400 points NKLA DOWN six cents. What a good investment. No one trusts this company.....
N
Girsky was soo desperate today. He knows it’s all over soon.
S
Who in their right mind would be shorting this at these low levels ? I see Nikola going to $35 by end of year. Great time to accumulate folks.
p
Nikola Q2 is coming to a close. They are shipping Tre-bev's and could have shipped 50-100 in Q2. They could show $30Million in revenue for Q2. That would be huge. Just keep you short positions right through earnings release.
And be careful for a pre-earnings announcement in July.
N
Steve Girsky is out begging for yes votes to add 33% dilution to NKLA. So desperate. The end is near.
D
Mark Russell is truly a great man. Barrack Obama should give his Nobel peace prize to Mark Russell.
Bullish
p
Q2 2022 will show $30Million in revenue. 100 trucks shipped. So please keep your short position open because when this comes out you will not be happy shorts.
J
More scam uncovered. Trevor asking NKLA to pay for his legal compensation. No wonder Russell & co are begging shareholders to approve NKLA stock dilution- to raise more money to pay for Trevor's legal compensation...
If their vote fails I think they should back off of selling shares for a quarter, they have enough cash for 12 mos? Let the PPS (with positive News) go up to $25-$30, then come back 3 mos from now and and again try to get Shareholders votes in their favor. I think it will be much easier to get those votes and a Win/Win for Everyone. Just my thoughts
I trust Nikola team over Trevor
What a good investment. No one trusts this company.....
And be careful for a pre-earnings announcement in July.
https://www.cnbc.com/2022/06/22/nikola-founder-trevor-milton-faces-new-federal-fraud-charge-tied-to-ranch-purchase-.html