- The combined company's shares to continue to be listed on Nasdaq under new ticker symbol "NKLA"
- Nikola raises more than $700 million through the business combination and PIPE, which includes Fidelity Management & Research Company, ValueAct Spring Fund and P. Schoenfeld Asset Management LP
- Raised capital expected to accelerate Nikola's production of battery-electric (BEV) and hydrogen fuel-cell electric vehicles (FCEV)
- Nikola's pre-orders represent more than $10 billion in potential revenue
- Nikola's hydrogen network anticipated to cover North America; set to become the largest hydrogen network in the world
- Nikola adds Stephen Girsky, current CEO of VectoIQ and former Vice Chairman of General Motors Corporation, to its Board of Directors [Reply]
I've always shunned bonds because I've always had the view that long-term stock holdings are the way to go. But at some point soon I'm going to get on the glide path to retirement and I don't want to encounter turbulence. What do you guys know about municipal bond funds? Something that could get me a 5 percent consistent return without worry of dividend cuts would be nice. Something like NVG seems like it could do that. Thoughts? [Reply]
VISL (current 0.43) is off and running. I think it's going to hit $1.
Originally Posted by :
company needs to fill contracts with private and government customers. Someone is pushing this up.....When it goes to over $1, they will be in compliance with Nasdaq. I'll bet they will make an ATM share offering to raise cash.....and it will run up again just like GNUS.
Originally Posted by lewdog:
How do you know when to cash out of penny stocks before they burn?
Pure instinct. Don't get greedy. Look at the long-term history of the stock. That's how I played MARK.
Although technically, nothing I've cashed out of this year has "burned" anyone.
MARK is probably still a good long term play.
This can work for or against you - look at GNUS. Big dump and everyone who held is now riiiich, biaaatch! Wish I had bought at 2 instead of waiting for 1.50.
Also, read the room. No way I'm holding IBIO or VISL past the current crisis. Pandemic and riot plays. [Reply]
Our entire executive team; executive chairman, CEO, CFO, Chief legal and Chief Human Resource have all agreed to $1 per year salary with stock bonus if we hit benchmarks. I've never seen a company do that going public. Incredible confidence and savings to company.
