- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: NKLA down 11% today to $51/share
Posted on 9/12/20 at 2:17 pm to cwill
Posted on 9/12/20 at 2:17 pm to cwill
quote:
GM didn't buy anything. GM got a stake...
You are correct, sir. No money or GM stock is changing hands.
quote:
The deal gives GM an approximate 11% stake in Nikola. Interestingly, GM didn't pay cash or stock in this deal. Instead, the company has pledged to provide support in the manufacturing and development of Nikola's products.
Would have sold a jade lizard, but I'd have to come in too close on the short call strike to make it worthwhile. This crazy thing could break either way... even in a week's time. But at 17.5, I'm willing to suck up the risk. The Robinhooders should support/bounce it if it falls that far that fast.
Or... I could be wrong.
0
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News