Nikola Corporation (NKLA)

17.01
NASDAQ
Prev Close 15.76
Day Low/High 16.02 / 17.17
52 Wk Low/High 9.37 / 76.30
Exchange NASDAQ
Shares Outstanding 393.85B
Market Cap 6.21B
Div & Yield N.A. (N.A)

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...

There has been a healthy amount of good news for tech companies since mid-March. But some major negatives still exist as well.

It has been two decades since there was 'bubbly' action like we are seeing now.

Let's look at what's responsible for the incredible rally in the Nasdaq, because it's much more indicative of what's really going on in this market than the endless run in hospitality and travel.

I expect investors to use NIO as the completion of the EV trifecta for trading and investing.

We have reached peak 'Greater Fool Theory' -- and here's how to move forward.

The new options are trading on the stock, so using a put spread might be a better way to target a lower entry.

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...

Good News Can Only Explain a Portion of This Tech Rally

Good News Can Only Explain a Portion of This Tech Rally

There has been a healthy amount of good news for tech companies since mid-March. But some major negatives still exist as well.

Is the Market Bubbling Over?

Is the Market Bubbling Over?

It has been two decades since there was 'bubbly' action like we are seeing now.

Jim Cramer: Embrace the Power of FAANG and Friends

Jim Cramer: Embrace the Power of FAANG and Friends

Let's look at what's responsible for the incredible rally in the Nasdaq, because it's much more indicative of what's really going on in this market than the endless run in hospitality and travel.

NIO Is the Quiet Kid in the Class

NIO Is the Quiet Kid in the Class

I expect investors to use NIO as the completion of the EV trifecta for trading and investing.

If You're Scratching Your Head at the Market's Moves, You're Not Alone

If You're Scratching Your Head at the Market's Moves, You're Not Alone

We have reached peak 'Greater Fool Theory' -- and here's how to move forward.

It's Tough to Chase Nikola, so Try This Setup Instead

It's Tough to Chase Nikola, so Try This Setup Instead

The new options are trading on the stock, so using a put spread might be a better way to target a lower entry.