They will be sorry when Trevor Milton shows off his HTML5 super computer later on...
Hyper Teraflop Machine Learning 5uperComputer?
GM scales back partnership with electric truck startup Nikola
31–40 of 122 posts
Re: GM scales back partnership with electric truck startup Nikola
#32NKLA has nothing now, what we're left with is evidence of the new era of 'RobinHood' traders et. al. thinking they're on to something, or not realizing that it's really over, keeping some kind of valuation in place. We may be in a new era of equities, where the unfortunately under-informed masses are able to really move the needle on a lot of stocks, throwing all sorts of value-trading strategies out the window. In t…
> We may be in a new era of equities, where the unfortunately under-informed masses are able to really move the needle on a lot of stocks, throwing all sorts of value-trading strategies out the window. nah, we just need valuations another order of magnitude higher in more companies. when the market is flooded with money the price of everything goes higher because there is nothing else to buy. that's literally what "i…
man, this is what i have been telling myself for the past 3 years. but, here we are, in a pandemic, hitting all time highs. i've decided i'm just going DCA my pile of cash into the market (was saving for real estate deals, but continually get outbid by all cash buyers or people doing reverse exchanges that NEED to close, with the tax savings offsetting the increased prices).
Re: GM scales back partnership with electric truck startup Nikola
#33Trevor Milton invited me to his headquarters to prove his trucks weren't fake. While we were having lunch I asked him about the longtime friend of his (15 years, went to his wedding) who he had framed for extortion. The friend later committed suicide when he got out of jail. This was all happening during the Nikola reverse-IPO process. After a recording of our conversation was posted online, a bunch of women came for…
After listening to the recording it's pretty clear that this guy is a fraud. what is the lethal dose of acid? thanks, ill wait.
Re: GM scales back partnership with electric truck startup Nikola
#34Trevor Milton invited me to his headquarters to prove his trucks weren't fake. While we were having lunch I asked him about the longtime friend of his (15 years, went to his wedding) who he had framed for extortion. The friend later committed suicide when he got out of jail. This was all happening during the Nikola reverse-IPO process. After a recording of our conversation was posted online, a bunch of women came for…
Just to be clear, did you record this in a jurisdiction that is single-party consent for recording audio?
Re: GM scales back partnership with electric truck startup Nikola
#35Trevor Milton invited me to his headquarters to prove his trucks weren't fake. While we were having lunch I asked him about the longtime friend of his (15 years, went to his wedding) who he had framed for extortion. The friend later committed suicide when he got out of jail. This was all happening during the Nikola reverse-IPO process. After a recording of our conversation was posted online, a bunch of women came for…
Can you elaborate on the "framed for extortion"... what is the evidence that Trevor framed him?
Re: GM scales back partnership with electric truck startup Nikola
#36I wish I had the balls to short this on IPO but I saw what was happening with Tesla and I chickened out.
There were Jan 20, 2023 puts on this guy. And there still are. The problem here is that I don't actually know anything about NKLA or the business they're in. If you think they'll go under in the next two years, you could make bank on just debit spreads. And if you think they're a shite company but don't know where they're gonna go, do you really know anything?
The max upside for these are all less than 3x. I wouldn't call something with >2 years to execute with a max upside of 3x "bank"
Re: GM scales back partnership with electric truck startup Nikola
#37Re: GM scales back partnership with electric truck startup Nikola
#38It's an incredible testament to the distortions of the capital markets that Nikola's current market cap is still $7.84 billion, and not zero. There's nothing that justifies that other than the hope that one will be able to leave others holding the bag.
The beauty of public markets is that you can make a handsome profit if this is your conviction, you put your money where your mouth is and it turns out to be true.
Not really because the IV and presumably cost to borrow NKLA to short it are both high. Essentially that means the market has already priced in that NKLA has a very high risk of failure. But as long as people keep agreeing to buy the stock for a certain value (even if it's a very small group) it won't crash.
Re: GM scales back partnership with electric truck startup Nikola
#39Trevor Milton invited me to his headquarters to prove his trucks weren't fake. While we were having lunch I asked him about the longtime friend of his (15 years, went to his wedding) who he had framed for extortion. The friend later committed suicide when he got out of jail. This was all happening during the Nikola reverse-IPO process. After a recording of our conversation was posted online, a bunch of women came for…
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Re: GM scales back partnership with electric truck startup Nikola
#40It's an incredible testament to the distortions of the capital markets that Nikola's current market cap is still $7.84 billion, and not zero. There's nothing that justifies that other than the hope that one will be able to leave others holding the bag.
>It's an incredible testament to the distortions of the capital markets that Nikola's current market cap is still $7.84 billion, and not zero.
Yes, but it'll get there yet.