We have a nice setup in #NKLA here. I'm already long from lower, but looking to add some exposure to ride this move.
I'm overall impressed with the huge short interest in the stock, it pays off to hold shares in a margin account and lend them to short sellers, while benefiting from this trend.
You can do this with certain brokerage firms that share part of the borrowing costs with share holders, as long as they sit in a margin account, like IBKR for instance.
That said, fundamentals for the company are at the very least interesting, although largely unproven. The CEO does have a big mouth and makes bold claims, but he has a few interesting things to say. I'm giving him the benefit of the doubt with a small position in the stock. Try to keep risk in check...Hydrogen generation is quite low cost, and the long distance efficiency of an EV truck with a relatively light weight FOOL cell I mean fuel cell, is an interesting and potentially profitable proposition. $TSLA is still king when it comes to EV cars though, but good to see some competition in the field.
Cheers,
Ivan Labrie.
I'm overall impressed with the huge short interest in the stock, it pays off to hold shares in a margin account and lend them to short sellers, while benefiting from this trend.
You can do this with certain brokerage firms that share part of the borrowing costs with share holders, as long as they sit in a margin account, like IBKR for instance.
That said, fundamentals for the company are at the very least interesting, although largely unproven. The CEO does have a big mouth and makes bold claims, but he has a few interesting things to say. I'm giving him the benefit of the doubt with a small position in the stock. Try to keep risk in check...Hydrogen generation is quite low cost, and the long distance efficiency of an EV truck with a relatively light weight FOOL cell I mean fuel cell, is an interesting and potentially profitable proposition. $TSLA is still king when it comes to EV cars though, but good to see some competition in the field.
Cheers,
Ivan Labrie.
Trade closed manually:
I am out of all positions for a few hours already, didn't update here before though.
I didn't like the action, and ti seems rightfully so.
I got out at 10:45 EST.
I would advise caution with equities now, indices look frail. Gold is up for the day though, which is interesting, and #BTC seems to be outperforming #SPX today.
I didn't like the action, and ti seems rightfully so.
I got out at 10:45 EST.
I would advise caution with equities now, indices look frail. Gold is up for the day though, which is interesting, and #BTC seems to be outperforming #SPX today.
