I'm putting this in recent to reach more people. Guys, if you or anyone you knows trades stock, hop on the new train quick. Nikola Corporation (NKLA) has just gone public. It's the next Tesla (Tesla has already tried sueing them and lost), but they are focusing more on semi trucks and fleet vehicles and getting in hydrogen fuel cell (what will eventually phase out electric batteries) powered vehicles too. They went public Wednesday at like $34/share and are trading at $55 as of this post. I jumped in around $35 with 10k, now valued at $18k in 2 ½ trading days. Amazon has already pledged to using Nikola's vehicles to replace their entire fleet by 2024. Major potential for the long term. Remember, there will be dips too, but get in now for the long haul. God speed, fellow Spoonsanites.
@Drunk Pantless Uncle, I’m all about that sweet sweet Dogecoin. Only 0.0025 cents per share.
@Al The MotCoJCoLDS, so unless you got in pre-2017, you've either made or lost like 5%. I'm talking about real money. 8k in 2 days for reading like 5 news articles leading up to an IPO for a company expected to grow more than Tesla, with an Amazon partnership. I've made 3x the money on the publicly traded company's that mine and invest in Bitcoin/altcoin operations than I have in actual crypto. Think bigger, bröther.
@Drunk Pantless Uncle, thanks for the heads up. I’ve had 2k tied up in BTC for the longest time (started with $300) and have been looking at what else to put it in. I’ve been out of the loop with growing trends and stocks n what not but I put most of that in there with your recommendation.
@Drunk Pantless Uncle, I’m just screwing around, just bought a partial share of NKLA since I don’t have that much money. But being a big fan of the Nikola Tesla myself, I hope they share his mindset of creating for the benefit of society.
@Al The MotCoJCoLDS, you can't buy partials of public traded stocks unless it's part of an ETF which NKLA almost definitely is not since it's a brand new stock... May want a refund of whatever you just bought
@YourMomRidesMeGood, that's good. If it turns into another telsa, which I think it will outshine telsa, it could be looking at $1k/per share in a few years, unless there's a stock split. $2k could yield 100k in a few years
@Drunk Pantless Uncle, *upvoting to get more exposure and hopefully help make some people get money*
@Drunk Pantless Uncle, no doubt it will. I’m debating putting another couple K into it just to be safe and have a ‘safety net’ to fall back into if I’m ever in trouble. I’m only like 23 but I played the stock game well in highschool so I’m well off for now I just should start at looking for long term plans.
NKLA looks like a super promising company with a good laid out plan for the future and I’ll proudly back it up.
@Drunk Pantless Uncle, you can if you do a brokerage like Robinhood, that’s what I use.
@Drunk Pantless Uncle, no joke, you've convinced me. I want to buy some, but I can't without the wife's green light. I'm trying to talk her into it now.
@SWAT the fireman, it's now $83. Hurry up.
@Drunk Pantless Uncle, fück.. saw too late.. at 93
@Drunk Pantless Uncle, it'll probably cool down tomorrow. If it's anything like Tesla, getting in under $200 would be good
@Drunk Pantless Uncle, bid 10 shares @ 89 - wish I had caught this sooner like you - but still a great tip. What do you use for market research? 903-805-9979 as I’m always looking for potential markets
@Drunk Pantless Uncle, thanks for the tip! Just threw $1,000 ask at it!
@Drunk Pantless Uncle, I bought 4 shares, hope you aren’t wrong!
@Drunk Pantless Uncle, okay. So, I’m a poor, anime loving african college boy that just wants to not have to eat ramen out of necessity but by choice. I wanna start trading so I can survive. Not to get rich. Just survive. My talent is the ability to learn, I promise I will not waste your time, would you perhaps be willing to mentor a stranger.
It doesn’t have to be long. Maybe even a couple times a month. I just need to float and I’ll put in the time need be.
@Rodestarr, read some "how to's" on the internet. Whenever they is a huge rally like the Nikola stock yesterday, there's almost always a decline after. Don't buy something because it's up 75% because you've already missed that bull run and more than likely, it will decline shortly after. Look for IPOs of new companies that make sense. Next one I'm watching is Lemonade. It's a silly name for a new insurance company that just applied to go public. They use smart computing to give better coverage to people. 80% of their customers are around age 35 because millennials love technology. I can almost guarantee that when they go public, there will be a good rally, followed by a dip (as always) and then it'll level out with a steady climb.
@Rodestarr, also look into stocks that pay dividends. You won't make as much money on the stock but you'll get a check every 3 months depending on how many shares you own. REIT's (real estate investment trust) are good for dividends. I'm currently invested in IVR. They cut their dividend payments lower after their stock took a huge hit due to coronavirus but nows a good time to buy their stock at bargain prices and when it climbs back up (which you'll make money on), they'll bump their dividends back up
@Drunk Pantless Uncle, I just bought 5 shares at $60. I'll be watching it of course, but I plan to hold onto it for years. Thanks for the heads up.
@Drunk Pantless Uncle, thanks for the info, I made a fair amount off NVAX buying in at 11.89/share and now it’s crossing $50/share. Thinking about putting those profits into NKLA. However, I have to admit I’m primarily into cryptocurrencies. The US market is too inflated right now. Particularly speaking about the SPX, DJI, and NDAQ
@YourMomRidesMeGood, I’d keep your 2k in BTC. I have about the same but holding in an interest bearing account that pays 6% annually and compounded monthly. You won’t find anything close to that in traditional banking.
@SWAT the fireman, it’s holding strong despite other markets dropping. I’d expect a further dip this week though, I’m going to talk to my IRA custodian about buying into NKLA this week for sure
No change. Only collect.
This is actrually a really good meme. Has potential. Politics aside
It’s either nothing or everything, there is no in between