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Report: Trevor Milton out of Nikola Motors
Posted on 9/20/20 at 11:02 pm
Posted on 9/20/20 at 11:02 pm
4
Posted on 9/20/20 at 11:08 pm to Enfuego
That won’t be pretty.
Posted on 9/20/20 at 11:22 pm to Enfuego
Would this be a good time to buy put options on this stock? Sorry i’m a noob.
Posted on 9/20/20 at 11:38 pm to WB504
quote:
Would this be a good time to buy put options on this stock? Sorry i’m a noob.
10 days ago would have been a good time to buy put options.
Posted on 9/21/20 at 1:00 am to Enfuego
I am so glad I do not have a position. That will fall like a rock tomorrow.
Posted on 9/21/20 at 1:32 am to TigersSEC2010
I got in on one of the pumps and dumped it that day after making a couple hundred bucks. Then I did some research on the company and quickly realized that it’s management was a complete crapshow. Have avoided even looking at it at all costs to make sure I didn’t get sucked in again and end up trying to hold long term.
Posted on 9/21/20 at 6:53 am to AA7
"management" is a problem that can be fixed ....
it really comes down to whether NKLA's technology is real or just futures.
Hydrogen fuel cell (HFC)technology has been defined for awhile now, with no real major developments in many years.
I've been bullish on the idea of HFC technology for many years. I was an early investor in Ballard Power Systems in 1997 as they made a run at using hydrogen fuel cell technology, with a goal of targeting the wearable device and automotive/marine markets.
But Ballard, like nearly all Hydrogen Fuel Cell tech companies, has never produced a consistent profit.
I'm waiting to see the "technology breakthough" in HFC technology ... the company that does that will be the big winner.
it really comes down to whether NKLA's technology is real or just futures.
Hydrogen fuel cell (HFC)technology has been defined for awhile now, with no real major developments in many years.
I've been bullish on the idea of HFC technology for many years. I was an early investor in Ballard Power Systems in 1997 as they made a run at using hydrogen fuel cell technology, with a goal of targeting the wearable device and automotive/marine markets.
But Ballard, like nearly all Hydrogen Fuel Cell tech companies, has never produced a consistent profit.
I'm waiting to see the "technology breakthough" in HFC technology ... the company that does that will be the big winner.
This post was edited on 9/21/20 at 6:54 am
Posted on 9/21/20 at 8:34 am to cadillacattack
I have 45 shares of this crap. I should've unloaded last week.
Posted on 9/21/20 at 10:09 am to cadillacattack
quote:
Hydrogen fuel cell (HFC)technology has been defined for awhile now, with no real major developments in many years.
One of the recent developments was a nanotech base metal catalyst that performed like platinum. Of course, those kinds of developments often find a long road from the lab to the factory.
I'm still optimistic on fuel cells simply because there are so many different types with some that offer amazingly high efficiency.
Posted on 9/21/20 at 10:10 am to Enfuego
He was just arrested at Phoenix airport.
Posted on 9/21/20 at 10:15 am to anc
seriously dude?. damn
Posted on 9/21/20 at 10:19 am to anc
quote:
He was just arrested at Phoenix airport.
Posted on 9/21/20 at 10:19 am to anc
quote:
He was just arrested at Phoenix airport.
Really? How you know that? I cant find that anywhere
Posted on 9/21/20 at 10:21 am to 225Tyga
quote:
Really? How you know that? I cant find that anywhere
Top men
Posted on 9/21/20 at 10:42 am to castorinho
Hindenburg casualty. One of the few times where we can thank him for his service..
Posted on 9/21/20 at 10:49 am to jangalang
Posted on 9/21/20 at 11:05 am to cgrand
Dude seemed like a toolbag. He wasn’t very professional and cursed in almost every interview when a tough question came up. I think if the company will every succeed, it’s better off without him.
Posted on 9/21/20 at 12:29 pm to AA7
quote:when they opened up pre orders, they had pics of the truck. The interior was CGI. The other pictures had different tire threads on each truck yet they all said BFG All Terrains. which none of the treads were that. I found it humorous.
I got in on one of the pumps and dumped it that day after making a couple hundred bucks. Then I did some research on the company and quickly realized that it’s management was a complete crapshow. Have avoided even looking at it at all costs to make sure I didn’t get sucked in again and end up trying to hold long term.
This post was edited on 9/21/20 at 1:38 pm
Posted on 9/21/20 at 12:59 pm to WB504
quote:
Would this be a good time to buy put options on this stock? Sorry i’m a noob.
If you bought them last week, yeah.
Posted on 12/15/20 at 10:14 pm to LSUAlum2001
I’ve been way out of the loop on this. Just read this long article on Trevor Milton, this is definitely a Theranos 2.0 in the making. Wouldn’t be surprised if he ends up in the clink
Nikola’s Trevor Milton left a trail of bitterness on his way to founding the electric-truck startup
Nikola’s Trevor Milton left a trail of bitterness on his way to founding the electric-truck startup
This post was edited on 12/15/20 at 10:21 pm
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