Nikola Corporation (NKLA)

36.72
NASDAQ
Prev Close 36.30
Day Low/High 35.58 / 37.67
52 Wk Low/High 10.16 / 93.99
Exchange NASDAQ
Shares Outstanding 378.98B
Market Cap 13.76B
P/E Ratio N/A
Div & Yield N.A. (N.A)

I just heard the most inane conversation about Nikola on a financial news network which underscores how speculative (and indeed idiotic) the markets have become recently.  This is not a knock on Nikola which I know little about - it is a knock on th...

Here we go, look who's asking about stocks.

* History rhymes "When the little blue clock in the middle of his work Sings a song to the moon up above It is nature that's all Simply telling us to fall in love And that's why birds do it Bees do it Even educated fleas do it Let's do it, let's fal...

Here's my approach on Net Element as it enters a reverse merger agreement with EV company Mullen Technologies.

Hyliion via SHLL appears to be the more attractive risk versus reward.

It's probably time to start paying more attention to Nikola. And watch Tortoise Acquisition and Spartan Energy.

Since June I've discussed how the options market had been pricing the stock in the $40 to $50 range after the S-1 became effective.

I'm looking at using these vehicles as potential upside with limited downside when the market could get rocky.

The company designs and manufactures purpose-built, automotive-grade, all-electric vehicles, targeting the low-speed electric vehicle market.

We will anticipate, that's how the market works. No matter how we spin it those are anticipatory moves.

While valuations still aren't as high as they got in 2000, a lot of recent investor behavior feels very familiar.

Don't mistake a fear of missing out for a fundamental change in the industry.

An investor's job -- long or short -- is to take the opposite side of a position, and here's why we should take a critical look at this electric vehicle company.

Let me tell you about a time in the '80s when I was trying to get clients some Berkshire shares -- and how it relates to now, when you can buy fractional shares of terrific companies like Amazon.

The potential for a short squeeze remains in play as well.

To navigate this market effectively right now you have to understand that there are two major groups at work.

The EV market is nowhere near saturation yet. I believe we'll have some additional expansion before we begin to see takeovers.

This one is a tough chase, so I would have to consider put sales for an entry right now.

Prices have soared like a cannabis play or a solar play as everyone believes they need to buy the next new thing.

FAANG stocks -- and particularly Apple -- lead the day higher, showing the market continues to defy the headlines.

Beware of 'confirmation bias,' especially when it comes to this company's stock and warrants.

Right now there's still too many pockets of good momentum to worry much about overall market conditions.

Marty Zweig's dictums: 'Don't fight the Fed and don't fight the tape.'

In this example, a headline about Nikola mislead investors while also creating a quick trade opportunity.

The higher you work your way up the strike ladder, the higher the yield, but my goal here is to find an attractive return with low risk.

The 'don't fight the Fed' Bulls are going head-to-head with the 'sell the news' bears.

Trading stocks that one knows are worthless -- and that even have declared bankruptcy -- because they are rising is a 'fool's errand.'

* In nearly every market cycle, speculation in low-quality, virtually valueless and literally bankrupt stocks, marks a market top * Statewide "shelter at home" orders coupled with the Fed's liquidity injections and commission-free trading (on most p...

Rationalizing the Irrational

I just heard the most inane conversation about Nikola on a financial news network which underscores how speculative (and indeed idiotic) the markets have become recently.  This is not a knock on Nikola which I know little about - it is a knock on th...

Kass: Now Everybody's Doing It

Kass: Now Everybody's Doing It

Here we go, look who's asking about stocks.

Birds Do It, Bees Do It... Even Educated Fleas Do It

* History rhymes "When the little blue clock in the middle of his work Sings a song to the moon up above It is nature that's all Simply telling us to fall in love And that's why birds do it Bees do it Even educated fleas do it Let's do it, let's fal...

This Stock Is Now Right in My Element: Electric Vehicles

This Stock Is Now Right in My Element: Electric Vehicles

Here's my approach on Net Element as it enters a reverse merger agreement with EV company Mullen Technologies.

There's an Opportunity With Tortoise Acquisition Now

There's an Opportunity With Tortoise Acquisition Now

Hyliion via SHLL appears to be the more attractive risk versus reward.

Here's What We're Seeing in the Electrical Vehicle Space

Here's What We're Seeing in the Electrical Vehicle Space

It's probably time to start paying more attention to Nikola. And watch Tortoise Acquisition and Spartan Energy.

A Week of Playing Cat-and-Mouse With Nikola

A Week of Playing Cat-and-Mouse With Nikola

Since June I've discussed how the options market had been pricing the stock in the $40 to $50 range after the S-1 became effective.

I'm Parking Some of My Cash in 4 New SPACs

I'm Parking Some of My Cash in 4 New SPACs

I'm looking at using these vehicles as potential upside with limited downside when the market could get rocky.

My Interview with Ayro CEO Rod Keller on the Exploding EV Market

My Interview with Ayro CEO Rod Keller on the Exploding EV Market

The company designs and manufactures purpose-built, automotive-grade, all-electric vehicles, targeting the low-speed electric vehicle market.

Avoid as Many Yellow Flags as Possible

Avoid as Many Yellow Flags as Possible

We will anticipate, that's how the market works. No matter how we spin it those are anticipatory moves.

The Parallels Between the Current Environment and the Dot.com Bubble Are Growing

The Parallels Between the Current Environment and the Dot.com Bubble Are Growing

While valuations still aren't as high as they got in 2000, a lot of recent investor behavior feels very familiar.

Nikola Raised to Overweight at JPMorgan

Nikola Rated New Sector Perform at RBC

The Chase Is on With Any Name Associated With EV

The Chase Is on With Any Name Associated With EV

Don't mistake a fear of missing out for a fundamental change in the industry.

I've Got a Message for Nikola's CEO, and He May Not Like It

I've Got a Message for Nikola's CEO, and He May Not Like It

An investor's job -- long or short -- is to take the opposite side of a position, and here's why we should take a critical look at this electric vehicle company.

Jim Cramer: Think Fractional Shares Look Boring? I've Got a Story for You

Jim Cramer: Think Fractional Shares Look Boring? I've Got a Story for You

Let me tell you about a time in the '80s when I was trying to get clients some Berkshire shares -- and how it relates to now, when you can buy fractional shares of terrific companies like Amazon.

Here Are the Odds I'll Take With Nikola

Here Are the Odds I'll Take With Nikola

The potential for a short squeeze remains in play as well.

Keep on Trading What's Working

Keep on Trading What's Working

To navigate this market effectively right now you have to understand that there are two major groups at work.

A Theme That Will Continue Producing Winners: Electronic Vehicles, Clean Engines

A Theme That Will Continue Producing Winners: Electronic Vehicles, Clean Engines

The EV market is nowhere near saturation yet. I believe we'll have some additional expansion before we begin to see takeovers.

Electronic Vehicles Has Been a Hot Space, So Why Not Workhorse?

Electronic Vehicles Has Been a Hot Space, So Why Not Workhorse?

This one is a tough chase, so I would have to consider put sales for an entry right now.

Hot Stocks Come and Sometimes Go - A Look at Nikola

Hot Stocks Come and Sometimes Go - A Look at Nikola

Prices have soared like a cannabis play or a solar play as everyone believes they need to buy the next new thing.

As Covid-19 Cases Hit New Highs, Stocks Continue to Soar

As Covid-19 Cases Hit New Highs, Stocks Continue to Soar

FAANG stocks -- and particularly Apple -- lead the day higher, showing the market continues to defy the headlines.

I Have an Answer on Nikola, but You Might Not Like It

I Have an Answer on Nikola, but You Might Not Like It

Beware of 'confirmation bias,' especially when it comes to this company's stock and warrants.

The Selling Isn't Correlated and There's Still Good Trading Action

The Selling Isn't Correlated and There's Still Good Trading Action

Right now there's still too many pockets of good momentum to worry much about overall market conditions.

Jim Cramer: A Zweig Wave Is One That's Definitively Worth Surfing

Jim Cramer: A Zweig Wave Is One That's Definitively Worth Surfing

Marty Zweig's dictums: 'Don't fight the Fed and don't fight the tape.'

Caveat Emptor: Look Behind the Headlines Before You Make a Stock Move

Caveat Emptor: Look Behind the Headlines Before You Make a Stock Move

In this example, a headline about Nikola mislead investors while also creating a quick trade opportunity.

Here's a Steamroller Trade Idea for Nikola

Here's a Steamroller Trade Idea for Nikola

The higher you work your way up the strike ladder, the higher the yield, but my goal here is to find an attractive return with low risk.

Jerome Powell on Tap as Rotation and Speculation Dominate the Market Action

Jerome Powell on Tap as Rotation and Speculation Dominate the Market Action

The 'don't fight the Fed' Bulls are going head-to-head with the 'sell the news' bears.

Kass: Trash Talking

Kass: Trash Talking

Trading stocks that one knows are worthless -- and that even have declared bankruptcy -- because they are rising is a 'fool's errand.'

The Dash For Trash

* In nearly every market cycle, speculation in low-quality, virtually valueless and literally bankrupt stocks, marks a market top * Statewide "shelter at home" orders coupled with the Fed's liquidity injections and commission-free trading (on most p...