This has been a tough freefall to plummet. Market high was over 80. Will it stop bleeding before the 1/2-point at 40? Or is this really going the whole hellaciously way down? It's tough to call. While TSLA rallies absurd new highs, its progeny stock (if one can even call it that!) is struggling badly to stay above the water line. NKLA is not TSLA! Or close.
it' s going to at least 19 by end of July, massive PIIP uploading million shares, and warrant will be exercised!!
BDRTrigger33
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@andyscappinimon, You're probably right. I'm still kicking myself on this, but maybe I should cap my losses and GTFO while I still can!! I was looking at Nikola's website -- They are HIRING FOR LIKE EVERYTHING!! Smh, after five years? They started in 2015, and many HUGE POSITIONS are wide open. That is NOT GOOD.
BDRTrigger33
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I just talked myself into it. Yep. Sold full holdings in both folders I keep. Burnt me for a benji, but it WILL be worse for those clinging to it. This company is nowhere near full-formation and the wait on it could be nearly indefinite (or never happen). Thanks for pushing me...to DECIDE!!!!
max69
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Amazing the thirst for profit has people pumping this so early when all they have is preorders. It’s almost like a huge indiegogo project. However electric vehicles are a proven concept so worth a look if it drops back to $30 imo
BDRTrigger33
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@max69, Accurate. I suffered FOMO after its massive 600% increase. As a beginner, I forgive myself, but am learning from it too!
BDRTrigger33
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While noted and prominent analysts, the likes of The Motley Fool, probably best urge a dumping of this, I will be doubling down very soon. My strategy remains investment-focused and I do believe Long-term, Nikola COULD (see: no certainty) be a decently nice play. I'm willing to suffer my first huge mistake on it (suffering FOMO and buying after 600%+ increase in a daily jump).
BDRTrigger33
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@BDRTrigger33, Terri , if I let my emotions be clouded by this, I'd be a lot more conflicted. I try to keep each decision separate from the mass (of other decisions).
BDRTrigger33
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@BDRTrigger33, No way to tag your liberally minded facebook friends oil is kicking the shiny future's ass. I tried. lol
BDRTrigger33
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Well, renege everything I said here: I SOLD IT ALL.