hey i'm steven and this is solving the money problem if you're new
welcome if you're not welcome back i really wish i didn't need to make this
video but i just can't stay silent i feel compelled because i know there's
going to be a few headline readers out there who act upon this article without
even reading it maybe it's trapped behind a paywall
and lose incredible amounts of money in my opinion
i am of course referring to an article that recently appeared on barons so
let's see what it had to say but first hey guys if you live in the us and you'd
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link in the description let's get back to it so here we are on
the barron's website and the title of this article
buy a nicholas stock because it's when not if hydrogen tech is adopted now i'm
just going to interrupt here this is an incredibly
incredibly irresponsible headline this is almost as irresponsible
as a 362 different morons on youtube currently advising people to buy or sell
certain stocks who have no idea what the [ __ ] they're doing
one don't tell people what to do with their money two
you're going to have future lawsuits coming after your ass yeah that's right
because you're giving investment advice illegally oh it's youtube no one's going
to find out well guess what i'd start sucking away
some money for those future lawsuits because
they will come just giving you guys some friendly friendly advice
now with that out of the way let's get into this irresponsibly titled article
which very clearly implies that people should buy nicholas
stock those of you who are regular viewers of this channel will no doubt be
fully aware of my thoughts regarding nikola
i've been waving my hand around pointing out red flags since before the
hindenburg research report came out detailing all of the allegations of
fraud lies deception and misleading of investors
allegedly there was so many red flags from this company
its founder some of their claims about technology that i couldn't stay silent
and sure enough the suspicions were vindicated there's
now an sec and department of justice investigation
into this company okay they are actively being investigated by
the department of justice and the securities exchange commission
currently okay one more time they are currently under
investigation by the sec and the doj but don't worry about that
because clearly you should buy nicholas stock because
it's when not if hydrogen tech is adopted
already incredibly irresponsible on my man i've got nothing personal i don't
know who the [ __ ] you are i've never read any of the other articles but dude
this is an enormous error of judgment the only reason i'm making this video is
because i'm absolutely disgusted that this would get through and be
published on a mainstream publication people read this headline and act on it
people will read this article and act on it and that's okay if they draw their
own conclusions but the problem is most people don't want to do the
thinking or the digging that this journalist himself didn't do
if i sound a little pissed it's because i am
see unlike roller coasters where you must be this tall to ride
there's no iq test before you open up a stock trading account which means
anybody anybody can be buying and selling stocks
so with that in mind let's see why i'm so agitated
and let me be crystal clear for the few people out there that may not be
super clear here i'm not advising you do anything with nicolas stock
not advising you by nicholas stock sell nicholas stock
or hold nicolas stock what i'm doing is reading an article
and sharing my own thoughts and opinions and information that i believe to be
relevant of course everything i say in this is only my
opinion i could be completely wrong so please
do your own research assume everything i say is absolutely incorrect
verify and validate do not act on anything i say
without first confirming whether i'm talking smack making [ __ ] up or actually
stating things that occurred all right let's get into it so again
that disgusting headline buy nicholas stock because it's when not
if hydrogen tech is adopted the balance of calls on nicholas stock
is tilting toward the upbeat side nickel has picked up at six endless
rating a buy from loop capital analyst jeffrey kaufman
who in my opinion is going to be rather embarrassed by this call in the future
but hey what do i know i'm just somewhat on the
internet giving the stock three buys two neutrals and one cell i just
this alone this stats these analysts currently recommending people
buy nicholas stock in my opinion shouldn't have a job in two weeks time
but hey what do i know again i'm just some idiot on the internet
kaufman says that despite allegations that nicola may have overhyped its
technological prowess it is a question of when and not if new
zero emission technologies are adopted in the coming decade
nikola of course plans to launch zero emission heavy duty trucks powered by
batteries and hydrogen fuel cells in coming years
kaufman sees commercial diesel engines giving way to battery and fuel cell
technologies it is also not a question whether or not
nikola participates in that revolution wrote kaufman it's a question of to what
degree now i'm just going to jump in here so
far the dude hasn't said anything incredibly controversial
it is possible that nicola does participate in some small manner in this
electric slash hydrogen fuel cell revolution
this is a possibility okay these comments are valid i do however take an
enormous issue with the implication that people
should be buying nicholas stock because they may or may not be participating
in this future let's continue nikola has intellectual property attractive to
other industry players and possesses a first mover advantage in fuel cells and
heavy duty applications the analyst says now i'm sorry but no nicola has
intellectual property attractive to other industry players
where where the entire hindenburg research report alleged that nicola had
almost nothing of any use or utility or value to anybody else
they were buying components and parts from other suppliers cobbling them
together and allegedly their founder and
ex-executive chairman trevor milton was lying misleading and deceiving
investors claiming claiming that they had technology
claiming that they had intellectual property
claiming that they had the best battery and fuel cell technology on earth
claiming not proving not demonstrating claiming and we've now come to discover
that the vast majority of these claims appear to have been
nothing more than claims not grounded in reality
but in trevor milton's deluded fantasy land
again allegedly please do your own research with the shares having
retreated to current levels following a series of negative publicity events
i've got to interrupt here negative publicity events
you mean a short selling research firm releasing a truly
scathing absolutely damning report full of allegations of lies
deception fraud misleading of investors and nicola's response effectively a
tacit admission to every claim in the report none denied none refuted
whatsoever you call that negative publicity events
are you [ __ ] kidding me we believe the risk reward is better balanced at
these levels for new investors he wrote and i believe this is one of the dumbest
things i've ever heard i mean did this muppet actually look
into the allegations or the response from nicola you know
like allegation nichola dragged a truck up a hill that
wasn't capable of propelling itself didn't have an internal drivetrain
couldn't move dragged this truck up a hill rolled it down a hill
filmed it rolling down a hill then released a video entitled nicola one in
motion and deceived investors by pushing this
out as if the truck was propelling itself
nichols response to this allegation well uh
well uh we we we didn't tell anyone it was powering itself
so um that wasn't deceptive because we didn't say that it was
propelling itself down a hill no that that's that's not a red flag
that that's not a red flag oh yeah but um but hydrogen will play a role in the
future therefore this company who cares about that how
you you know whatever kazakh is hydrogen yeah by nicholas
stock
the negative pr kaufman is referring to is a short seller's report that alleges
management misled investors among other things
nicola denies the claims sorry i gotta jump in here again
[ __ ] no no no no nicola responded to the claims responded and by
doing so in my opinion and that of practically everyone with
functioning gray matter tacitly admitted to the fraud lies deception and
misleading of investors they didn't refute anything they tacitly
admitted to everything in the report in my opinion this is lazy [ __ ]
journalism need i remind you once more that nicola is currently being
investigated by the securities and exchange
commission and the department of justice many
people within nicola have been subpoenaed okay
they're under active investigation by the sec
and the department of justice relating to claims of fraud
lies and misleading investors this is not a closed case they're currently
under investigation nicola wasn't able to successfully refute the claims that
is why they're being investigated okay this matters guys bear with me
because in just a moment you're about to discover
why i'm so pissed doesn't really have a whole lot to do with the lazy journalism
the fact that this clown is suggesting that nicola denied the claims by the
hindenburg research report when in fact in my opinion all they did was tacitly
admit to their truth no instead it's got to do with what i
see as a house of cards poised to collapse any moment now of
course anything could happen i don't have a
crystal ball and i'm not in fact from the future
but i think if you bear with me and i explain my reasoning you might start to
understand why i'm so fired up nicola denies the claims but the report
published september 10 has caused the stock to drop it has also
substantially delayed a deal nicola had struck with general motors
sorry correction no deal was struck a deal was currently
being negotiated big difference gm and nicola were to close a broad
partnership on september 30th gm was to take an 11 stake in nicola
providing engineering and manufacturing support
among other things in exchange i've got to jump in here again this is incredibly
incredibly lazy journalism jesus [ __ ] christ
so apparently gm was providing engineering and manufacturing support
among other things yeah among other things such as they were also supplying
their batteries and their fuel cell technology despite
nikola claiming to have incredible breakthrough battery
and fuel cell tech of their own bit suspicious that nicola wasn't
bringing their technology to this partnership but was instead
giving away a huge chunk of their company committing to hundreds of
millions of dollars of capex expenditure to pay gm to help build these things
and agreeing to buy gm's technology gm's battery and gm fuel cell tech
yeah a little bit of a red flag not even mentioned
jesus christ dude the two sides are still talking and nicolas shares are
still swinging violently nicholas stock is up about 128
since announcing plans to go public in early march yet the shares are down
almost 40 since the report emerged and by the way
um nicholas still hasn't made a cent of revenue apart from selling
solar panels to its now ex-executive chairman
and founder trevor milton who obviously is no longer at the company following
allegations of a little bit of fibbing and maybe some
inappropriate behavior with women that may or may not potentially have been
related to him allegedly do your own research this week
nikola stock has risen 20 there isn't much news to explain the
gain i'll tell you what can explain the gain
investors who didn't have to pass an iq test to invest
just saying yeah i did just say that i actually mean it investors have been
excited about a potential update regarding the gm deal
gm gave a presentation at an investor conference thursday but gm and nickel
have only reiterated they are still talking
the opportunity the stock offers doesn't depend entirely on gm
or a resolution to the short sellers claims kaufman says global sales of
commercial vehicles could grow from some 600 billion currently to as much as 800
billion giving nikola vast room to grow truly
einstein-esque genius thinking here yeah never mind
about all those allegations the investigation there forget all that
obviously there's going to be growth in the industry that they're apparently
dabbling in so therefore there's opportunity just you
know forget about the red flags now there's nothing inherently wrong
with pointing out the opportunity the market size etcetera
nothing wrong with that whatsoever what i take issue with
is the fact that while this opportunities are being pointed out
the fact that the entire ship is on fire and is currently sinking is being
completely ignored now if you pointed out a ship on the
ocean that was currently a flame burning you might say well there's
potential that they'll put out the fire that people won't have to jump overboard
this ship won't sink and not everybody's gonna die
that's true but i'd much rather discuss the current emergency also known as the
entire [ __ ] ship being on fire and currently sinking and say well
let's put out the fire first let's deal with that then maybe once the emergency
is dealt with then we can start to talk about the potential opportunity of not
sinking not burning to death you know to take that analogy a step further
i'm not the kind of guy who's likely to jump on board a ship i can visibly see
is currently on fire and sinking but hey you do you the global passenger car
market is worth trillions each year cars and trucks are big business and
zero emissions sales are set to grow there is an accelerating political push
by countries around the world to reduce carbon footprints and transition
to clean vehicles as the analysts this definitely true
the eu for instance plans to ban new fossil fuel powered cars by 2030.
denmark wants all vehicles that emit carbon dioxide off roads by 2040
in the us california plans to phase out new fossil fuel trucks by 2045.
the goals might be difficult to meet but they will help push the adoption of ev
and fuel cell technologies in years to come this
i totally agree with but that's not a good reason to be investing in nicholas
stock in my opinion with kaufman three
analysts right now nicolas shares to buy the average price
target among the buy rated analysts is about forty dollars per share
two rate the stock a hold with an average target of 23.
redbush analyst dan ives also known as the only analyst currently covering
nicholas stock to demonstrate any evidence of gray matter whatsoever
in my opinion rates nicolas stock at cell his target
is 15 a share shares were down 3.7 percent at
25.26 on friday morning the s p 500 and dow
jones industrial average were down about point two and point four percent
respectively well congratulations you made it to the end of this video and now
you get to discover exactly why i'm so fired up and why i
felt compelled to make this video and why i'm never going to let this
journalist live this article down despite the fact that this article the
very first three words of the title are by
nicholas stock this journalist failed to even mention
december 1st oh december 1st um yeah who cares stephen what
who cares about december 1st what are you saying bro that's like a week and a
half away like what's the point bro are you dumb
well see here's the thing the entire reason i made this video
on december 1st the insider share lockup period ends
for those of you that don't know what that means let me water it down for you
an enormous truly enormous number of people who currently
own nicholas stock but aren't able to sell early investors executives etc
will finally be able to dump their shares now remember
they're currently being investigated by the sec and the department of justice
for claims of frauds liars deception misleading investors
and everybody who's currently holding shares that are locked up also knows
this information the company's valuation in my opinion is
absolutely absurd truly astronomical when they're able to sell their shares
on december 1st what do you think some of these people maybe not everybody but
what do you think some of these insiders might do with those shares
maybe they might they might they might they might sell some of their shares on
december 1st when they are able to what do you think happens if lots of
people are selling shares at the same time
ready that okay that that's what's likely to happen now
i don't have a crystal ball literally anything could happen
in a week and a half somebody could be roasting me for making this video going
oh my goodness man watch out december 1st a scary date but
if i were a betting man i would bet that odds
are on december 1st or thereabouts there's going to be
intense intense intense downward pressure on nicolas stock
now this isn't investment advice i'm just telling you guys what i personally
think is likely to happen and why i'm so pissed that this genius
of a journalist didn't even mention this once again the article
first three words by nicola stock yet no mention whatsoever of the biggest
red flag i have ever seen in a publicly traded company
giving me tangible information about what's likely to happen to the stock
price in a short period of time once again
anything could happen but if i was a betting man i'd be
betting on the stock heading down something to think about i'm stephen
mark ryan this is solving the money problem and i love you all
even the journalists everyone makes mistakes and don't forget
if you live in the u.s and you'd like to help out the channel and get up to four
free stocks check out the link in the description to weeble
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