written by reader Recent low for Nikola, Do you think its a good buy right now?

By lotus_fantasy, December 6, 2020

I’ve been following this company for weeks now but never invested. I see that they suddenly bull to $32 then dip to 18, after GM deal confirmed that deal was dropped. Big major investors started bulk selling. I know its not good for a company to see this kind of movement. Price is tempting, they still have high volume as of now and EV still have a continuous growing demand on the market. any thoughts about this? Current price $18 is it a good entry price? is it still a valuable investment since its EV

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December 7, 2020 7:43 am

Never a buy

👍 5