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+--- Thread: fake it 'til you make it?!......'Nikola' stock falls as it disputes 'fraud' claims but it does admit..... (/showthread.php?tid=246301)
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Re: fake it 'til you make it?!......'Nikola' stock falls as it disputes 'fraud' claims but it does admit..... - DeusxMac - 09-14-2020
jonny wrote:Not much room for a letter with that letterhead!
[quote=DeusxMac]
"Why 'Hindenburg'?
We view the Hindenburg as the epitome of a totally man-made, totally avoidable disaster. Almost 100 people were loaded onto a balloon filled with the most flammable element in the universe. This was despite dozens of earlier hydrogen-based aircraft meeting with similar fates. Nonetheless, the operators of the Hindenburg forged ahead, adopting the oft-cited Wall Street maxim of 'this time is different'.
We look for similar man-made disasters floating around in the market and aim to shed light on them before they lure in more unsuspecting victims."
Could be really cool...
Re: fake it 'til you make it?!......'Nikola' stock falls as it disputes 'fraud' claims but it does admit..... - Speedy - 09-14-2020
I wonder how they did short selling TSLA?
DeusxMac wrote:
"Why 'Hindenburg'?
We view the Hindenburg as the epitome of a totally man-made, totally avoidable disaster. Almost 100 people were loaded onto a balloon filled with the most flammable element in the universe. This was despite dozens of earlier hydrogen-based aircraft meeting with similar fates. Nonetheless, the operators of the Hindenburg forged ahead, adopting the oft-cited Wall Street maxim of 'this time is different'.
We look for similar man-made disasters floating around in the market and aim to shed light on them before they lure in more unsuspecting victims."
Re: fake it 'til you make it?!......'Nikola' stock falls as it disputes 'fraud' claims but it does admit..... - davester - 09-14-2020
Well, Nikola may or may not be bogus, but short-sellers are simply worthless leeches that feast on the misfortunes of others. They are in the same category as companies that specialized in leveraged buyouts of healthy companies that they the break up and sell off for maximum profits, leaving a trail of destroyed careers and unemployment.
Re: fake it 'til you make it?!......'Nikola' stock falls as it disputes 'fraud' claims but it does admit..... - sekker - 09-14-2020
davester wrote:
Well, Nikola may or may not be bogus, but short-sellers are simply worthless leeches that feast on the misfortunes of others. They are in the same category as companies that specialized in leveraged buyouts of healthy companies that they the break up and sell off for maximum profits, leaving a trail of destroyed careers and unemployment.
True.
However, sometimes they really are right when they say, 'The Emperor Has No Clothes.'
I have no Nikola stock, but I declined to purchase just from hearing an interview from their current CEO. He smacks of too much PT Barnum to me for me to give him my $$.
As usually, maybe GM is right and Nikola is the Tesla for trucks. I'm willing to let this opportunity go.