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Old 09-10-2020, 06:55 AM
  #9701  
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RH just paid for my new engine.
Old 09-10-2020, 07:58 AM
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Originally Posted by Grouperdude View Post
RH just paid for my new engine.
When you lose money do you sell something or how does that work?
Old 09-10-2020, 07:59 AM
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Originally Posted by magua View Post
Lot of suckers took it hook line and sinker.
Been a lot of articles pointing to this as vapor ware for awhile. That's why I hesitated to even do a quick day trade.

​​​​​​
Old 09-10-2020, 08:40 AM
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Originally Posted by GRSC View Post
Hindenburg hit piece on NKLA

https://hindenburgresearch.com/nikola/
A long read, but boy does that look like a litany of shady practices. Wonder if/when it'll come tumbling down
Old 09-10-2020, 09:01 AM
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Originally Posted by wakeboarder72 View Post
A long read, but boy does that look like a litany of shady practices. Wonder if/when it'll come tumbling down
it’s a good read. Based on GM partnership it definitely would make you wonder if they ever really had anything other than T Milton and Heavy D pumping it. My RayJ guy says his millennial clients all want NKLA and TSLA no matter what the price or news.

Last edited by JointAsset; 09-10-2020 at 09:23 AM.
Old 09-10-2020, 10:49 AM
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Originally Posted by acteg View Post
When you lose money do you sell something or how does that work?
lol...make sure you sell and capture those gains to buy the engine.
Old 09-10-2020, 11:47 AM
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Originally Posted by acteg View Post
When you lose money do you sell something or how does that work?

Touche' my friend Touche'
Old 09-10-2020, 11:47 AM
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Originally Posted by acteg View Post
I had 25% of my retirement on the sidelines for the eventual pullback so I moved that back in last night (10% of it still out - saving some powder), and bought some AAPL this morning in my "fun" account. Nothing too exciting.

Had a buy order for NKLA yesterday early early morning at $41 that I cancelled.... that was a mistake lol. Could have flipped that for a quick buck.
when did you pull that 25% out to the sidelines? Anytime after the crash and you'd be buying in higher now. I didn't touch my retirement stuff and tripled my play account on March 20. up 40% in that account since then basically doing nothing, just bought blue chips near the lows and held. Even my USO is still up 25%.
Old 09-10-2020, 11:48 AM
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i agree with the buy and hold guy above. I had APPL at 153 and thought i was clever selling at 430ish. it ran to like 530 a week later lol.
Old 09-10-2020, 11:49 AM
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Originally Posted by tesilential View Post
when did you pull that 25% out to the sidelines? Anytime after the crash and you'd be buying in higher now. I didn't touch my retirement stuff and tripled my play account on March 20. up 40% in that account since then basically doing nothing, just bought blue chips near the lows and held. Even my USO is still up 25%.
​​​​​I pulled 100% of retirement out 2 mo before the crash and have been buying back once the market dropped 25%
Old 09-10-2020, 01:56 PM
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Boy that NKLA got kicked in the nutz

Thought it real strange when the CEO was saying you want to get in on this one and be part of the story - sounds really strange almost like............... well I digress
Old 09-10-2020, 01:58 PM
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Originally Posted by magua View Post
Boy that NKLA got kicked in the nutz

Thought it real strange when the CEO was saying you want to get in on this one and be part of the story - sounds really strange almost like............... well I digress
I was going to take a position with them a few weeks ago, glad I didn't!
Old 09-10-2020, 02:00 PM
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Originally Posted by king_me View Post
I was going to take a position with them a few weeks ago, glad I didn't!

good call
Old 09-10-2020, 02:23 PM
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The bath water is mighty red today?
Old 09-10-2020, 08:37 PM
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What do yall think about GE? Its down to 6 again
Old 09-11-2020, 02:42 AM
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I think I'll keep running from that one.
Old 09-11-2020, 04:59 AM
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The Areospace industry is in rough shape across the board. If you buy now prepare to hold for 5 or so years.
Old 09-11-2020, 06:08 AM
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Originally Posted by GRSC View Post
Hindenburg hit piece on NKLA

https://hindenburgresearch.com/nikola/
Company response this morning is laughable.... 5 whole paragraphs

“Yesterday, an activist short-seller whose motivation is to manipulate the market and profit from a manufactured decline in our stock price published a so-called “report” replete with misleading information and salacious accusations directed at our founder and executive chairman. To be clear, this was not a research report and it is not accurate. This was a hit job for short sale profit driven by greed.

We have nothing to hide and we will refute these allegations. They have already taken up more time and attention than they deserve. We have retained leading law firm Kirkland & Ellis LLP to evaluate potential legal recourse, including with respect to the activist short seller and any others acting in concert.

Nikola also intends to bring the actions of the activist short-seller, together with evidence and documentation, to the attention of the U.S. Securities and Exchange Commission.

We respect the rights of investors and the integrity of the market and will be back to you after we have advanced the process with the SEC.

Most importantly, Nikola remains focused on delivering on the promises we’ve made to our stakeholders.”
Old 09-11-2020, 06:39 AM
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So serious question here - give me your opinions.

Is this a time to hold NKLA and pray there's an upswing or sell and cut losses?
Old 09-11-2020, 07:31 AM
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Originally Posted by Mooney6959 View Post
So serious question here - give me your opinions.

Is this a time to hold NKLA and pray there's an upswing or sell and cut losses?
hold and pray is always a viable trading theory 😀.

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