Nikola (NKLA) is involved in the development of class 8 semi-trucks fueled by hydrogen for zero emissions.  Nikola is combining with a special purpose entity that trades under the symbol VTIQ. The stock will soon start trading under the symbol NKLA.

There are four key points here.

  • This is a speculative opportunity to get on the ground floor of a Tesla TSLA like investment.
  • Virgin Galactic merged with a publicly traded special purposes entity and started trading under the symbol SPCE. Both SPCE and TSLA stocks have skyrocketed.
  • This stock should be accumulated over a wide zone.
  • There is a significant risk of loss.  for this reason it is suitable only for aggressive investors.


For those following the Good Way and are aggressive, the Buy Now rating is a ‘YES’ to start a small scale in right here.  VTIQ is trading at $12.57 as of this writing.

For those following the Best Way, the buy zone is $9 to $12.88.

Maximum recommend quantity is 20% of full core position size.

Mental stop zone is $7.73 to $8.18.

There is no target zone at this time because it will depend on if the stock catches the fancy of the momo crowd and gains a cult like following similar to TSLA and SPCE.  Just take a look at the charts of SPCE and TSLA to picture just how high the target can go.