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Old 06-27-2016, 11:23 AM  
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Old 06-25-2020, 06:52 AM   #5431
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Originally Posted by lewdog View Post
Clay,

It's NKLA.

I realize this is just one person's take but many are claiming insider selling will be happening soon. Cramer even mentioned it recently and dogged on this stock at it's current valuation.

https://seekingalpha.com/article/435...content=link-0
Counter balanced by this.

The Nikola Badger, a New Fuel-Cell Pickup, Starts Preorders June 29

Quote:
Nikola is mostly known for its fuel-cell-powered semi-trucks, but back in February, it shared the first details about the upcoming Badger pickup truck. The vehicle will join the already crowded world of electric trucks headed toward the market. But it has a twist. It's available as just a battery-electric vehicle or as a battery-electric fuel-cell vehicle. Preorders for the truck will be taken starting June 29.

The news was dropped by CEO Trevor Milton on Twitter. Also on June 29, the automaker will announce the date of its annual Nikola World event. In a marketing move reminiscent of Tesla, those who put a deposit down on a Badger will get first dibs on tickets for the event, where the pickup will make its world premiere.

Milton made sure to let his followers know that the pickup will not just sit on a stand. "You'll get to see a real operating truck, not a fake show truck. Expect stamped metal panels, functioning interior w/HVAC, 4x4, etc," Milton tweeted.

Pricing has not yet been announced, but we do know—because the company said so in its press release—that the Badger will be built in conjunction with another auto manufacturer, using their parts and facilities. Which automaker it will be, when that'll happen, and how much it'll cost are all still unknown.
When Trev drops the number of preorders they're getting there will be a big boom.

Now I suppose that might make a number of people sell but
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Old 06-25-2020, 07:03 AM   #5432
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Counter balanced by this.



The Nikola Badger, a New Fuel-Cell Pickup, Starts Preorders June 29







When Trev drops the number of preorders they're getting there will be a big boom.



Now I suppose that might make a number of people sell but
I have a strong suspicion that their pre-orders are going to be far lower than they hope. It's cool that they're jumping into the market, but it's far more crowded than it was in Tesla's early days, and their tech is still a bit unproven. We'll see.
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Old 06-25-2020, 07:19 AM   #5433
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I think I’m selling my position.

I can buy back the same number of shares at a lower price. No way it holds $70 through summer.
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Old 06-25-2020, 01:51 PM   #5434
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Old 06-25-2020, 02:02 PM   #5435
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strong finish to the day, nice bounce off of the 200 SMA
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Old 06-25-2020, 02:08 PM   #5436
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IBIO's making me horny

strong support building at 1.60 levels
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Old 06-25-2020, 02:50 PM   #5437
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Old 06-25-2020, 03:13 PM   #5438
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IBIO's making me horny

strong support building at 1.60 levels
Lol what?

It’s closed below $1.60 literally every day this past 2 weeks....last time it closed above $1.60 was June 4th.....that’s not support.
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Old 06-25-2020, 03:14 PM   #5439
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strong finish to the day, nice bounce off of the 200 SMA
Great finish.

I’m optimistic we see a few weeks run up.
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Old 06-25-2020, 03:18 PM   #5440
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Great finish.

I’m optimistic we see a few weeks run up.
Meh, we're in a bit of a trading range here and you are going to see selling at the end of the quarter as managers re-balance their portfolios. Plus people are going to start preparing for the election and the media is doing their best into scaring the country back into a shut down partially because of said coming election.

For all intents and purposes in a longer term view this is still a bear market rally.
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Old 06-25-2020, 03:19 PM   #5441
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Meh, we're in a bit of a trading range here and you are going to see selling at the end of the quarter as managers re-balance their portfolios. Plus people are going to start preparing for the election and the media is doing their best into scaring the country back into a shut down partially because of said coming election.

For all intents and purposes in a longer term view this is still a bear market rally.
Agreed on the last part. I think a short term rally continues before a bear returns. I’m profit taking in chunks.
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Old 06-25-2020, 03:22 PM   #5442
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Agreed on the last part. I think a short term rally continues before a bear returns. I’m profit taking in chunks.
Got a run maybe up to 3140 and possible 3230 on the SPX if we stay in this range.
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Old 06-25-2020, 03:28 PM   #5443
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Lol what?

It’s closed below $1.60 literally every day this past 2 weeks....last time it closed above $1.60 was June 4th.....that’s not support.
It's currently at at 1.79. HOW THAT HAPPEN?!
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Old 06-25-2020, 03:36 PM   #5444
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It's currently at at 1.79. HOW THAT HAPPEN?!
That still has nothing to do with “showing support” at $1.60.
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Old 06-25-2020, 04:09 PM   #5445
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That still has nothing to do with “showing support” at $1.60.
I've been watching this stock every day for weeks. People keep buying in the 1.50s and now it's building in the 1.60s. Trust me, it has a shit ton of support.

It's been very slow and steady for a long time now.

This won't fall past 1.60 for weeks.
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