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Anybody still playing with NKLA?

Posted on 8/3/21 at 7:00 pm
Posted by Ramblin Wreck
Member since Aug 2011
3899 posts
Posted on 8/3/21 at 7:00 pm
I've been watching it for about 9 months, but haven't been brave enough to buy any. Where do you think it will bottom this time?
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30572 posts
Posted on 8/3/21 at 7:01 pm to
I honestly thought about a swing. Looks to have good support around $10 but who knows
Posted by HoLeInOnEr05
Middle of the fairway
Member since Aug 2011
16835 posts
Posted on 8/3/21 at 8:45 pm to
I played the earnings with some puts this morning. Rode to the bottom, then cashed out.
Posted by POCKET
Member since Nov 2011
2609 posts
Posted on 8/3/21 at 8:53 pm to
They lowered their revenue guidance to between 0 and $7.5M. This is for a company that has a market cap of $4B and whose founder has been criminally charged for misleading investors.

Investing in this company is drunkenly chasing the next Tesla for no reason other than “they do the same thing” imo
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