Well the NKLA MeltUp Came Today!! Here's the NEW Plan
Dear Subscriber,
Well, it took a few days... but NKLA DID go ballistic ala DKNG--like 50% ballistic.
NKLA hit $60.28 twenty minutes ago. Up 50% in 20 minutes. That is a MASSIVE short squeeze that has just taken out a few hedge funds and perhaps option market makers.
ACTIONS TO TAKE RIGHT NOW :
1) SELL Enough NKLA to Get 200% out of your original capital back
2) TAKE Profits on the June 19 OPTIONS--they are up over 2000% gain at the moment--INSANE
3) SELL Enough Warrants to have ZERO COST--they will convert in the next 40 days...
Alternatively, what I am doing with managed accounts and the TI PRO portfolio is put a 10% trailing stop on your positions (and let the market take you out of the positions you want to sell) when the parabolic move reverses—AND you can take this to the bank; the parabolic short covering move WILL run out of air and fall back to earth.
I am just shaking my head--and shaking in general.
BUT THIS IS a once-in-a-generation win. Many of our subscribers are sitting on $250,000--$500,000 profits--or more since we first bought VTIQ/NKLA shares.
I will keep a core position but as we promised--NKLA IS THE NEW TESLA.
I just never imagined this kind of home run in 90 days.
Congrats to all--I know the Smith household will be celebrating tonight!