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prash

09/13/2020 20:03

$Nikola Corporation You do realize they only have 900 million working capital right now with 700 million promised in the GM deal and 600 million for the new factory right? They are literally insolvent today, they need to come up with 400 million just to cover the debts they have already taken on. This isn't even counting they admit their personal expense burn rate is about 5 million per month. All of this can be verified with their own SEC filings.
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(2)

anthi-lyph-ikwaizun09/13/2020 20:13
the cognitive dissonance and belief preservation is too much for many Nikola investors to overcome, so no matter how much evidence is presented they will not accept the reality that they've invested in a big lie as that also reflects badly on them

Millions 09/13/2020 20:38

Yep. nikola investors are delusional

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Stud muffin 09/13/2020 20:11
More lies!!!!

zorro202009/13/2020 21:26

no lies, I actually saw the video where he actually says that they have only 900 million to work with.

Printer09/13/2020 20:38

Learn to trade unemotionally dude, then youll stop gettinf wrapped up in scams

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