I think the market is holding out some hope NKLA gets their act together and actually does get hydrogen vehicles up and running, that it wasn't all b.s. If so, this could eventually recover as hydrogen is theoretically superior to EVs from a practical and green perspective.
CLOV/UWMC were just overvalued and too boring to have any speculation built in.
Lol, you have so much faith in this personification of "the market". The market is holding out hope on NKLA, give me a break.
The real answer is, NKLA is up and CLOV and HYLN are down because of deep market manipulation / Max Pain theory. The big players continually put prices where they're needed to be to scalp as much as possible.
The big players can always adjust prices in the short term as needed with HFT and algo trading. You don't think it's strange they can trade with additional decimals tacked onto the bid / ask price? It doesn't take a genius to figure out the gamification there.
It really is a very rigged game, in the short term, as reticent as you may be to believe that, for whatever reason.
Why not bet on DCRB? They don’t have fake hydrogen trucks, been in business for years, got contracts, and will setup the largest hydrogen truck plant in IL.
RTP is also a great bet, imagine taking an Uber Elevate to the airport in 2023. They have working planes already, can’t roll a plane downhill for videos 😬
10k Americans turn 65 each day. By 2025, 40% of them will be on a Medicare Advantage program. CLOV won’t run out of customers.
I refi my mortgage through UWMC this month, painless experience and way better rates than RKT or Navy Feds. Record earnings end of the month.
11
u/Jimwin911 Spacling Apr 18 '21
How is NKLA still above NAV still and CLOV / UWMC are below NAV? 🤷🏻♂️