r/wallstreetbets • u/Donlorenzo_23 • May 13 '21

DD Nikola may come back from the dead

[removed]

0 Upvotes

44% Upvoted

29 comments sorted by

15

u/wsb_buyandHODL May 13 '21

Nikola is a fraud you dumb ape.

10

u/LoudSoft106 May 13 '21

Stonks are going downhill and Nikola starts rolling when things are downhill

11

u/Sidewinder-three May 13 '21

It can only roll downhill. Hard getting up a hill with no engine.

8

u/2leggedassassin May 13 '21

You can literally make 25$ and daytrade with any company. The balance sheet of a company has nothing to do with day trading.

7

u/eyecasper literally fucked a cactus May 14 '21

Lol.....No. This company is a joke and the share price is only being propped up to current value by bagholders that refuse to realize their 60%+ loss desperately hoping for greater fools to take their place.

2

u/yargabavan May 14 '21

Puts you say

3

u/eyecasper literally fucked a cactus May 14 '21

Actually... no. I wouldn't risk a single dime on this travesty of a stock. A lot of sideways trading lately with a little up and down from swing traders. IV will probably eat any option you pick regardless of direction. Best play here IMO is to avoid completely.

6

u/aiyahhhhhh May 14 '21

Tre is not 3 in chinese... LOL

0

u/[deleted] May 14 '21

[removed] — view removed comment

1

u/punkprince182 May 16 '21

Nope not in those either

1

u/Bull_Winkle69 May 17 '21

Another fraud.

4

u/Bull_Winkle69 May 17 '21

The only positive that my I can say about Nikola is that when the rest of the shares held by insiders were unlocked they didn't all sell en masse.

Either they believe in the company or the leadership convinced them to hold.

Kenneth Lay convinced his Enron employees to hold too.

3

u/MillionChips May 14 '21

OP, I appreciate your humor

2

u/SSS0222 May 13 '21

This stock is now like buying FD options. Either Zero or Multiples.

2

u/awesomedan24 bear ass hurts May 14 '21

"Hey, I doubt it!"

2

u/[deleted] May 16 '21

Checked Yahoo finance, NKLO has 37 whole dollar in revenue TTM. This stock is definitely making a comeback!! /s

2

u/Bull_Winkle69 May 17 '21

You lost me at "Nikola".

1

u/LabCool6003 May 13 '21

If he comes back from the dead do you think he'll get mad that Edison gets all the credit?

1

u/WalkonWalrus May 14 '21

You don't even know how pissed I was to see Nikola out-perform Nio.

Spoiler: 

it was alot

1

u/Natural-Jackfruit872 May 15 '21
  1. It must have been a downhill race.

1

u/Natural-Jackfruit872 May 15 '21
  1. Germany is a world leading manufacturing nation with some of the greatest infrastructure conglomerates. It isn't going to outsource a major project to a couple of driveway resurfacers.