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Chartguy09/15/2020 10:44

$Nikola Corp Over 112 MILLION shares were traded yesterday!! You do realize that the tiny amount the ceo bought was like a spit in the ocean, right?  You can't move a stock trading this heavily with that small of a  purchase. Someone probably sold the same value or more minutes before or minutes after. So stop the nonsense. I think he bought yesterday to show that he believes the share value is worth far more than where it was trading. And the News last night of a "possible " investigation was old news. He welcomes an investigation. Some traders overreaction in AH yesterday had moved the stock down some, but it's already almost back to where it closed yesterday. You all on this forum are not going to move this stock or convince many (maybe 1 in 1000 people on the fence) to sell with your silly negative comments. It's the big money, the smart money, the institutions, that will decide if this stock goes up or down from here. Judging from the way Friday's day candle was engulfed yesterday, it looks pretty  obvious to me that the buyers are in control now so a word of advice... Be careful if you are shorting this stock.

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