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Great Short


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2020 Jun 10, 10:52pm   444 views  2 comments

by MisdemeanorRebel   ➕follow (12)   💰tip   ignore  

$NKLA. $26B Electric Truck Company with no product.

Unfortunately, it will probably increase in price longer than I can keep buying Puts.

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1   AD   2020 Jun 11, 12:27am  

I think the IPO for NKLA was $37.55 this month. It is down to $65 and probably will continue its steady path to below $37.

This is shades of the mania to the late 1990s. I never bought into it fortunately other than losing a few thousand and about 50% with a technology mutual fund.

Remember the Sock Puppet from Pets.com ? Remember Webvan ? Remember Internet America ?

Some companies survived like Amazon and Ebay.
2   HeadSet   2020 Jun 12, 6:08am  

Yes, solar power is eventually going to be very commonplace, but anyone who invested in SunEdison lost it all.

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