101823892_antony : hit 1 and split
RDK79 : Will pigs start flying..:(
RDK79 : If it does, classic pump and dump. But, I do feel they have a decent product and trying to keep it alive and progressing..
RDK79 : 43 trucks Q1 almost all of not all delivered! Better than Lucid EVs sitting in a parking lot. Haven’t seen guidance for rest of ‘24, but sure hoping !!!! Big-boys like Tesla, Mercedes, etc are really progressing though.
OhNowGombie :
My best interpretation of moomoo’s interpretation of today’s SEC announcement … NKLA Shareholders vote on it up until June 4. ( i.e. the reverse split)
During the Annual meeting next day on Jun 5 they will announce the decision.
Then there’s a Q1, 2024, quarterly report, next week May 7
DJ MOOSE GETS FUNKY : They will raise funds with reverse split
101823892_antony : Try to hit .80 before split
RDK79 : So, exasperate / pump stock price to get more funding to increase debt, I’m sure at a great interest rate :(, stock split that further dilutes shares… where do I sign up..?
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LC5373 : It’s going to be bad. Look at meta material. They reverse split and now they heading to bankruptcy