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re: NKLA down 11% today to $51/share
Posted on 9/15/20 at 8:52 am to buckeye_vol
Posted on 9/15/20 at 8:52 am to buckeye_vol
HEAVY volume getting traded early today on the open .... down 6% so far ....
Sept 30th is the KEY date for NKLA ... that's my understanding of when the GM deal gets completed.
The shorts know that the GM deal is key ... and they get heavily burned if the GM deal goes though.
Just a guess, but I think we see $31.xx/share before end of Sept .... and from there? ... it solely depends on the outcome on Sept 30th ....
Sept 30th is the KEY date for NKLA ... that's my understanding of when the GM deal gets completed.
The shorts know that the GM deal is key ... and they get heavily burned if the GM deal goes though.
Just a guess, but I think we see $31.xx/share before end of Sept .... and from there? ... it solely depends on the outcome on Sept 30th ....
This post was edited on 9/15/20 at 10:10 am
1
Posted on 9/15/20 at 12:35 pm to cadillacattack
Popcorn time...
But also this revelation:
quote:
Electric truck maker Nikola's shares fall as SEC reportedly examines short seller's fraud claims
But also this revelation:
quote:
Nikola Corporation (NASDAQ:NKLA) Chairman Trevor R. Milton purchased 41,400 shares of Nikola stock in a transaction that occurred on Monday, September 14th. The stock was acquired at an average cost of $30.91 per share, with a total value of $1,279,674.00. The acquisition was disclosed in a legal filing with the SEC.
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