Day traders loses life savings
Posted By John W. B. Rich Posted On

Nikola Traders are Unwell Today

Nikola stock is down about 25% today on news that GM reworked its agreement to be less-involved with the electric car manufacturer. Predictably, many day traders trying to make a quick buck on Nikola’s sharp rise last week are getting burned.

Here are some of the best reactions from the $NKLA page on StockTwits.

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I guess a sharp 25% decline in a few hours is now a nice little consolidation.
The shorts should be very scared.
Wishful thinking.
No way Trevor Milton would sell his stock in the company that fired him!
Yes, this person just used the words “value” while planning to buy Nikola stock.

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